The company registration steps are as follows:

• Draw up the company’s articles of association
• Receive company registration forms in Turkey
• Obtaining a tax number from the Turkish Treasury
• Obtaining approval of the company’s articles of association from the official office of Turkey
• Company registration in the Turkish Chamber of Commerce
• Print the official gazette
• Obtaining confirmation of the power of attorney and signature form from the Turkish official office
• Processing of Turkish treasury form
• To check and confirm this form and the address of the company’s office, refer to the Turkish Finance Department and send the form from the previous step.
• Treasury inspectors come to your address for address verification
• Obtaining the company’s tax number after approval and final review
• Obtaining a business card
• Certification of accounting institutions
• Open a company bank account
• Provide an official financial advisor

Turkey is active in various industries, but it is a leader in some of them. The following industries are among the most important fields of economic activity in Turkey.

• Agriculture
• Communication and information technology
• Construction
• Tourism
• Financial and banking services

You can register 7 types of companies in Turkey, of which two types, ANONIM and LIMITED, are the most widely used types.

Organizational companies: minimum capital of 100,000 Turkish liras

Anonymous company: minimum capital of 50,000 thousand Turkish liras

Limited company: the minimum required capital is 10,000 Turkish liras

Cooperative company: depending on the company’s statutes

Non-organizational companies: depending on the company’s statutes

Collective company: no minimum capital

Commandite Company: no minimum capital

Private company (ANONIM) in Turkey

If you have an activity alone and your work is not extensive, this company is recommended to you. In this company model, there is only one person in the company, and the maintenance and establishment costs are low. You will not be allowed to engage in any activities other than the subject of the company.

Limited liability company (LIMITED) in Turkey

A limited liability company can be registered in Turkey with between 1 and 50 partners. If the company goes bankrupt and cannot answer the creditors, only the capital of the shareholders will be lost and the creditors cannot claim the rest of their capital from the property of the company’s partners.

The minimum share capital is the most important difference between registering a private company and a limited liability company. The minimum capital of a private company is 50,000 liras, and the minimum required capital of a limited liability company is 10,000 liras.