Company Formation in Turkey: The Ultimate 2025 Guide for Foreign Entrepreneurs and Investors

Company Formation in Turkey: The Ultimate 2025 Guide for Foreign Entrepreneurs and Investors.

Why Turkey is a Leading Business Destination?

Over the last decade, Turkey has evolved into one of the most dynamic and attractive investment hubs in the region. Its strategic location, connecting Europe, Asia, and the Middle East, along with a young workforce, robust infrastructure, and government incentives, makes it a prime choice for company formation in Turkey.

Whether your goal is to set up a trading company, open a technology start-up, or enter the manufacturing sector, understanding the company formation Turkey process is essential. This guide will walk you through everything from registering a company in Turkey and securing an office address in Turkey to finding the right business partner in Turkey, managing taxes, and ensuring full compliance.

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Step 1: Understanding the Legal Framework for Company Formation in Turkey

The Turkish Commercial Code (TCC) governs the company setup in Turkey process. It outlines the structure for company incorporation, shareholder rights, and corporate governance.

Why Investors Choose Turkey

• Market Access: EU Customs Union, multiple free trade agreements.

• Strategic Location: Access to 1.5+ billion consumers in nearby regions.

• Diverse Sectors: Manufacturing, logistics, tourism, IT, and renewable energy.

• Government Incentives: Tax reductions, VAT exemptions, investment zones.

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Step 2: Choosing the Right Business Structure

When starting your company formation Turkey journey, selecting the right entity is critical.

Limited Liability Company (LLC)

• At least one shareholder

• Common for SMEs

Joint Stock Company (JSC)

• Can go public

• Suitable for large projects

Branch Office

• Linked to a foreign parent company

• Fewer formalities

Liaison Office

• Non-commercial activities only

• Ideal for representation or research

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Step 3: Registering a Company in Turkey – Step-by-Step

The process to register company in Turkey usually takes 5–10 working days.

1. Company Name Approval – Trade Registry checks availability.

2. Draft Articles of Association – Details company operations and shareholders.

3. Open a Bank Account – Deposit minimum capital.

4. Submit Documents – Registration approval from Trade Registry.

5. Obtain Tax Number – Needed for all transactions.

6. Register with SGK – For employee insurance.

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Step 4: Office Address in Turkey – A Legal Requirement

A valid office address in Turkey is mandatory for company registration.

Options include:

• Physical Office – Full-time workspace.

• Virtual Office – Flexible, cost-effective.

• Co-working Space – Modern and collaborative.

Your address is used for tax registration, official correspondence, and legal notifications.

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Step 5: Accounting Services in Turkey

Accounting services in Turkey are essential for:

• Bookkeeping

• Payroll

• VAT declarations

• Financial statements

Accurate accounting prevents penalties and ensures compliance.

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Step 6: Legal Consulting in Turkey

Legal consulting in Turkey helps with:

• Contract drafting and review

• Labor law compliance

• Intellectual property protection

• Dispute resolution

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Step 7: Tax Consulting in Turkey

Tax consulting in Turkey optimizes financial performance by:

• Corporate tax planning

• VAT compliance

• Double taxation avoidance

• Representation in audits

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Step 8: Finding and Working with a Business Partner in Turkey

A business partner in Turkey can provide market knowledge, credibility, and connections.

When looking for business partner in Turkey, assess:

• Industry experience

• Reputation

• Financial capacity

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Step 9: Costs and Timelines

Typical costs for company setup in Turkey:

• Notary & registry: TRY 2,000–5,000

• Legal consulting: TRY 3,000–10,000

• Accounting: TRY 1,000–3,000/month

• Office rent: TRY 8,000–25,000/month

Timeline: 5–10 business days.

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Step 10: Ongoing Compliance

After registering a company in Turkey, you must:

• Submit monthly accounting reports

• File quarterly VAT returns

• Renew licenses as needed

• Maintain updated corporate records

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Why Choose TurkInvest

TurkInvest offers:

• Company formation Turkey packages

• Office address in Turkey solutions

• Accounting services in Turkey

• Legal consulting in Turkey

• Tax consulting in Turkey

• Help in looking for business partner in Turkey

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Contact TurkInvest

Ankara Office
Portakal Çiçeği Rezidans, Çankaya
Portakal Çiçeği Rezidans Kat:9 No:43
Aziziye Mah. Pak. Sok. 06690 Çankaya/Ankara
Tel: +90 312 426 39 95

Istanbul Office
Yapı Kredi Plaza, Levent
Büyükdere Cad. Yapı Kredi Plaza, C Blok, Kat:17 No:42
34330 Levent, Beşiktaş, İstanbul
Whatsapp: +90 532 707 51 13