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Do you want to set up a firm in Turkey?

Şubat 12, 2018

We are independent law office of Chartered Accountants, Business Advisors, International Tax Consultants and Lawyers. Our Head Office is based in Bursa, Turkey

We offer a comprehensive range of Accounting and Tax-Legal Services, Business Advisory and Audits for Turkısh and International companies of all sizes across all sectors. We are specialized in International Tax Planning and perform a full range of Business Services.

Whether venture capitalists or private investors, we fully understand the dynamics of running a successful business and we aim to deliver highest level outsourced service to you and your business.

Types of companies in Turkey

The types of companies that can be incorporated in Turkey are:

– the joint-stock company;

– the limited liability company;

– the commandite company;

– the collective company;

– cooperative company.

The limited liability company is the most popular form of business. At least one shareholder is required to form this type of company and a minimum share capital of 10,000 TRY will also have to be deposited during the initial phase of the incorporation process. The liability of the shareholders is limited to the amount of share capital invested in the company.

The joint stock company has a larger minimum share capital than the limited liability one – 50,000 TRY. This type of company has different rules regarding the company management process: it must have at least one shareholder and a mandatory board of directors. The liability of the members is limited to the amount of invested capital and the capital is divided into stocks which can be made public when the company is listed on the Stock Market. This type of company is more suitable for large businesses.

Other business options for investors include branches or subsidiaries in Turkey. Our company formation agens in Turkey can give you detailed information about each type of company.