Guide to Company Establishment in Turkey

For both local and foreign entrepreneurs looking to establish a company in Turkey, the process can be completed quickly and efficiently when managed with the right information. In this guide, we cover the fundamental steps of company establishment.

According to the Turkish Commercial Code, the most common company types are limited liability company (Ltd.) and joint stock company (A.Ş.). A limited company can be established with a minimum capital of 10,000 TL, while a joint stock company requires a minimum of 50,000 TL.

The company establishment process generally consists of: Preparation of articles of association, application via MERSİS, registration at the trade registry, tax office registration, and obtaining necessary permits.

For foreign investors, potential tax advantages, incentive zones, and investment support programs should also be evaluated. Proper legal advisory is critically important in this process.

One of the most important considerations in company establishment is the correct determination of the partnership structure. Issues such as share ratios, management rights, and profit distribution should be clearly regulated from the beginning.