Why Establish a Company in Turkey from Abroad?

Many investors and businessmen seek to establish a company in Turkey from abroad to capitalize on the country’s rapidly growing and stable economy. Turkey’s government actively promotes foreign investment by offering incentives and favorable regulations, making it an attractive destination for investors worldwide.

Steps to Establishing a Company in Turkey from Abroad

1. Preparation of Company’s Article of Incorporation:

• Consult with one of our specialists at Sultan of Turkey Group to determine essential company information, including the name, partners, shares, and capital.
• Prepare the company’s article of incorporation and submit it to the Chamber of Commerce for registration.

2. Power of Attorney (POA):

• Execute a power of attorney (POA) at the Turkish Embassy in your country or through one of our experts at Sultan of Turkey Group.
• Send the original POA to our address in Turkey to initiate incorporation procedures.

3. Authorization Signature:

• After obtaining necessary documents from the Chamber of Commerce, send a copy to the Turkish Embassy to obtain an authorization signature as a company owner.
• Prepare another POA for the chartered accountant (bookkeeper) in Turkey.

Types of Companies in Turkey: After completing these procedures, your company will be officially registered in Turkey.

4. Opening the Company’s Bank Account:

• Depending on the bank’s requirements, open a company bank account either through a POA or by personally visiting the bank.
• Choose from reputable banks like Kuveyt Turk Bank or Al-Baraka Bank, known for their Arabic and English customer service.

Legal Documents Required for Company Establishment:

• Commercial Registry: Contains comprehensive company information and registration status.
• Activities Certificate: Provides details of the company’s activities, often available in English.
• Company Tax Plate: Includes the company’s tax number, incorporation date, and official address.
• Authorization Signature: Officially approved signature of the partners or company owner.
• Chartered Accountant Contract: Establishes the terms of engagement with the company’s legal accountant.

Why Choose Sultan of Turkey Group?

• Dedicated Specialist: Receive personalized assistance from our experienced specialists throughout the legal procedures.
• Document Assistance: We ensure all necessary official documents are obtained for establishing a company in Turkey.
• Free Virtual Address: Benefit from a complimentary virtual address for a specified period to facilitate decision-making.
• Chartered Accountant Support: Access top-quality chartered accountants (bookkeepers) for your company.
• Residency and Work Permit Assistance: Receive guidance on applying for short-term residence permits and work residency (work permits) in Turkey.

Establishing a company in Turkey from abroad offers lucrative opportunities for investors, facilitated by Sultan of Turkey Group’s comprehensive support and expertise.