HOW TO ESTABLISH COMPANY IN TURKEY BY FOREIGNERS
HOW TO ESTABLISH COMPANY IN TURKEY BY FOREIGNERS
Can Foreigners Establish Company in Turkey?
Foreign nationals can establish a company in Turkey. They can engage in commercial activities with companies they will establish in Turkey.
According to Turkish laws, there are no restrictions for foreign citizens to establish a company and engage in commercial activities in Turkey. The Turkish state encourages foreign entrepreneurs.
How many days does it take for foreigners to establish a company in Turkey?
Company establishment procedures for foreigners in Turkey take an average of 3 - 4 working days. Unless there is a special situation, we make company establishment and all official records during this period.
Which Turkish companies can foreigners establish in Turkey?
Foreigners can establish a Limited Company or Joint Stock Company in Turkey.
Limited companies are mostly preferred by foreign entrepreneurs because there is no obligation to block capital in limited company establishment transactions.
What are the documents required for foreigners to establish a company in Turkey?
For company establishment, it is sufficient to come to our office with your passport. All necessary documents are prepared by us. The documents are as follows;
- Notarized Turkish Translation of Passport
- Personal Türkiye tax number of the founder
- Three photos (white background)
Is it necessary to rent a workplace to establish a company in Turkey?
A business address is required to establish a company in Turkey. It is not possible to establish a company without a workplace address. However, if you do not need a workplace for your company you can rent a virtual office address with they are affordable.
Our company provides virtual office services in its own properties. So, when you come with your passport, we help you in all matters including virtual office services.
Can foreigners open a bank account in Turkey?
Foreigners can open bank accounts for companies they will establish in Turkey. They can use the bank accounts to be opened for the company in their commercial activities.
What is the total cost of establishing a company in Turkey for foreigners?
According to the data in 2023, the cost of establishing a company in Turkey for foreign citizens starts from approximately 430 USD.
You can always contact us to get the detailed cost table for your business free of charge.
Can foreigners import and export with the company they will establish in Turkey?
Yes. Companies to be established by foreigners in Turkey; It is a separate legal person according to Turkish laws. That is, the company is a separate Legal person. It has the same rights as companies established by Turkish citizens. All kinds of import and export can be done.
Can Foreign Legal Entities establish a company in Turkey? 
Legal entity companies registered in foreign countries can establish a company in Turkey. And they can become partners with companies in Turkey. There is no legal restriction.
Is a work permit required for foreigners to establish a company in Turkey?
A work permit is not required for foreigners to establish a company in Turkey. Foreigners can come with their passports and establish a limited company in Turkey. Since the limited company is a separate legal person, they can do business with this company.
Can a company be established in Turkey without going to Turkey?
It is possible to establish a company inside of Turkey without going to Turkey. When you submit the necessary documents, a company can be established with a power of attorney.
However, from outside Turkey, establishing a company in Turkey is a bit more expensive and the process is longer. If you come to our office with your passport, the transactions are much faster and cheaper.
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