Setting Up a Company in Turkey
With the enactment of Law No. 4875 on Direct Foreign Investments
in 2003, it has become easier for foreigners to establish companies
in Turkey, and they are now subject to the same rules that
apply to Turkish citizens when establishing a company. Therefore,
as a foreign business owner, the first step is to determine which
type of company is suitable for you. This is an important
decision, and it is advisable to seek the assistance of legal
professionals to ensure a correct approach and prevent potential
issues in the future.
Once the type of company is determined, the next important step is to prepare the company's articles of association. This document will define the company's name, purpose of establishment, capital and share distribution, management bodies and their responsibilities, profit distribution, decision-making processes, and other fundamental matters. It is recommended to seek professional assistance during this stage to ensure accuracy and compliance.
After the completion of the articles of association, an application must be made to the Trade Registry Office for registration. Once the application is accepted and the company is registered in the trade registry, it will acquire legal personality.
While the process of company formation may be relatively easy and can be completed within 4-7 days, certain steps such as determining the type of partnership and preparing the company's articles of association are of critical importance to avoid future issues. Therefore, it is advisable for foreign investors to have the entire process managed by a professional team from start to finish.
At Legal F, we can assist you in determining the appropriate type of company, preparing the articles of association, and overseeing the entire process on your behalf, in collaboration with legal professionals. After the company formation process, we understand that there are additional needs and requirements for a successful business operation. As part of our comprehensive services, we can support you in finding
the ideal office space that aligns with your preferences and
business objectives. Whether you need a small office for a
startup or a larger workspace for an expanding company,
our business partners can provide you with various options
tailored to your specific needs. In addition to office space,
we can also assist you in setting up the necessary technical
infrastructure. This includes ensuring access to reliable
internet connectivity, communication systems, IT support,
and other technological requirements essential for your
business operations. Our experienced team can guide you through the process and connect you with trusted providers who can deliver the technical solutions you need.
Furthermore, finding and recruiting the right personnel is crucial for the success of any business. Through our network of professionals and recruitment partners, we can help you identify and attract talented individuals who possess the skills and qualifications necessary for your industry. From assisting with job postings and candidate screening to conducting interviews and facilitating the hiring process, we can provide comprehensive support to help you build a strong team. By leveraging our expertise and extensive network of business partners, we aim to streamline the process of establishing and operating your company in Turkey. Our goal is to provide you with end-to-end solutions that go beyond company formation, ensuring that you have all the necessary resources and support to thrive in the Turkish Market.