Article
FOREIGN COMPANY ESTABLISHMENT
ESTABLISH A SOLID FOUNDATION FOR YOUR BUSINESS IN TURKEY
Turkey is a country full of economic opportunities and strategically unique, attracting investors worldwide. Acting as a bridge between Europe, Asia, and the Middle East, Turkey serves as an indispensable hub for investors with the potential to access both regional and global markets. Its extensive trade network, young and dynamic population, strong infrastructure, and investment incentives offer countless advantages to the business world.
The process of establishing a company in Turkey for foreign investors can be completed quickly and efficiently with proper planning and expert guidance. As Istanbul-based Özay Accounting and Financial Consultancy, we are here to support you every step of the way when setting up your business in Turkey. From legal procedures to trade registry registration, tax planning to document management, our expert team is by your side throughout the process. Our goal is not only to help you establish your business but also to create a solid foundation for your long-term success.
STRATEGIC ADVANTAGES OF ESTABLISHING A FOREIGN COMPANY IN TURKEY
Turkey stands out as a country that offers numerous opportunities for investors:
STRATEGIC LOCATION AND MARKET CONNECTIONS
Located at the crossroads of Europe, Asia, and the Middle East, Turkey provides access to a market of 1.3 billion people.
YOUNG AND SKILLED WORKFORCE
Thanks to its dynamic and educated workforce, companies can enhance their efficiency.
INVESTMENT INCENTIVES AND TAX ADVANTAGES
Turkey offers incentives to encourage foreign investments, such as tax reductions, VAT exemptions, and customs duty advantages.
EASE OF INTERNATIONAL TRADE
Customs Union membership and free trade agreements provide significant advantages, especially for exports to Europe.
With these advantages, Turkey is an ideal location for investors looking to grow on a global scale.
COMPANY TYPES AND THE IMPORTANCE OF MAKING THE RIGHT CHOICE
The legal framework in Turkey offers a variety of company types to suit businesses of different sizes and sectors. Choosing the right type of company aligned with your investment goals is crucial for the success of your business:
LIMITED LIABILITY COMPANY (LTD. ŞTİ.)
The most popular option for small and medium-sized enterprises. It stands out with its low capital requirement and flexible structure.
JOINT-STOCK COMPANY (A.Ş.)
Suitable for large-scale investments and public offerings. Requires a higher capital investment.
BRANCH AND LIAISON OFFICE
Alternative structures for foreign parent companies to operate in Turkey. While a branch can conduct commercial activities, a liaison office is limited to market research.
When selecting your company type, it is advisable to seek professional guidance based on legal requirements and your business goals.
COMPANY ESTABLISHMENT PROCESS IN TURKEY
The process of establishing a company in Turkey for foreign investors is conducted systematically. The key steps include:
PREPARATION AND CERTIFICATION OF DOCUMENTS
Documents such as passports, activity certificates, and signature declarations are prepared and notarized.
TRADE REGISTRY REGISTRATION
The company name and activity field are determined, and the company is registered with the trade registry.
OBTAINING A TAX NUMBER
A tax number obtained from the tax office is mandatory to commence commercial activities.
OPENING A BANK ACCOUNT
A bank account is opened to deposit the company’s capital.
WORK AND RESIDENCE PERMITS
Necessary permits are obtained for foreign investors and employees.
At Özay Accounting, we are here to expedite your processes and ensure all legal procedures are completed flawlessly.
RELIABLE SOLUTIONS WITH ÖZAY ACCOUNTING
Specializing in the establishment of foreign companies in Turkey, Özay Accounting offers the following advantages:
GUIDANCE IN LEGAL PROCESSES
We ensure full compliance with Turkey’s legal regulations to secure your company establishment.
FAST AND ACCURATE DOCUMENT MANAGEMENT
We manage the preparation, approval, and submission of all necessary documents for company setup.
TAX AND ACCOUNTING CONSULTANCY
We provide strategic guidance to plan your company’s taxes and benefit from incentives.
COMPREHENSIVE SERVICES
We are by your side at every step, from company establishment to operational processes.
Rely on the expert team of Özay Accounting and Financial Consultancy to bring your investment to life in Turkey securely and grow your business. Start your company setup today and seize the opportunities Turkey has to offer.