The necessary papers to open a company in Turkey

Together, we will learn about the most important papers needed to open a company in Turkey, and we will give you an overview of the basic legal and administrative procedures

We will cover some tips and basic information about the papers needed to open a company in Turkey, and we will provide you with a comprehensive guide that will help you understand the necessary steps to successfully complete these procedures and you'll learn what documents you need to prepare and put in order, and we'll give you an overview of the basic legal and administrative procedures to follow.

Advantages of opening a company in Turkey

1. The owner of the company and his family members can benefit from private health insurance in Turkey, which guarantees high-level health care and protection.

2. The owner of the company is given the opportunity to obtain a work permit in Turkey, which makes it easier for him to benefit from the commercial environment and the available business opportunities.

3. The Turkish Ministry of Economy provides support and assistance to the owner of the company to develop his business and enhance its growth.

4. Social security is provided by the Turkish government in the event of a loss or closure of the company, which represents aspects of reassurance to the owner of the company and protection of his interests.

5. The owner of the company obtains a "merchant card" that enables him to view information and governmental and international tenders available in Turkish exhibitions.

6. It allows the owner of the company to easily export his products, with exemption from tax costs on exports, which encourages expansion in international markets.

Advantages of opening a company in Turkey in order to buy a property

1. The Turkish market is considered among the strongest economic and trade systems in the world, and it has huge purchasing power, which makes the idea of establishing a company in Turkey an ideal idea for investment.

2. The company based in Turkey gives you an easy opportunity to market your products or services within the European Union, which facilitates the expansion of your business and increases business opportunities.

3. Thanks to the establishment of the company in Turkey, you can easily obtain a work permit within the territory of Turkey, which facilitates the management of your business efficiently and flexibly.

4. The company in Turkey gives you the opportunity to export to all countries of the world, as exports are exempt from any taxes in accordance with the laws of the Turkish government, which makes global expansion easy and rewarding.

5. Syrian nationals have the opportunity to buy real estate under the company's name, which facilitates and speeds up the real estate investment process and guarantees the protection of assets.

The necessary papers to open a company in Turkey

1. A copy of the passport must be submitted translated into Turkish and certified by the Turkish Notary and the passport must be valid for a period of not less than six months and contain a regular entry stamp to Turkey.

2. The tax number must be obtained from the nearest tax directorate or via the Internet.

3. 3 personal photos must be submitted.

The necessary papers to open a company in Turkey in order to buy a property

1. Your passport must be valid for at least six months and requires translation into Turkish and the passport must also be notarized by the notary to ensure the validity of the document.

2. You need to provide two personal photos of the investor or the main owner of the company.

3. Company regulation document, this document contains all information about the company, such as its real or virtual name and address, company activity and shareholder details.

4. Tax number: the company's tax number must be obtained, which is one of the basic papers for establishing a company and complying with Turkish tax laws.

Steps to open a company in Turkey

The company’s articles of association must first be prepared and approved by the Turkish Notre, then it must be attached to a statement containing the company’s address, after that 25% of the company’s declared capital must be deposited in a Turkish bank, it is better that the capital be greater than the minimum required by Turkish law for the type of company, and this is to take advantage of the privileges granted by companies with large capital and to facilitate the procedures for obtaining work permits for the company's owners and employees.

It is not required to deposit the capital in a Turkish bank during the establishment period, but the deposit must be made before submitting an application for obtaining work permits or work residences in Turkey, or at least within two years from the date of establishment.

The capital is deposited in a special bank account to be established in the name of the company, and the bank is given a document proving the deposit of the amount, after that, the company formation procedures can be followed, such as obtaining approval from the Turkish Chamber of Commerce, registering in the real estate registry, and completing other procedures.

The original copy of the articles of association of the company, along with two certified copies thereof, must be submitted to the Trade Registry Office within 15 days from the date of the notarization and certification at the Turkish Notar.

With regard to limited liability companies, they must comply with Article No. 279 of the Turkish Commercial Code, and the address of the company must be stated clearly and explicitly in the incorporation system, and you should note that the company's incorporation system will be published publicly in the official Commercial Registry Gazette.

After the company is established in Turkey and registered at the Trade Registry Office, it must also be registered at the Tax Office and receive the tax certificate and the tax certificate must be displayed in a clear place in the workplace, as the local tax officer will visit the company after several days to verify the information mentioned in the tax certificate.

Which is better, buying a property or opening a company in Turkey ?

1. Buying a property in Turkey is a good investment, especially with the growth of the real estate sector in the country and the high value of real estate in the long term.

2. The property can be used as a place for personal residence, family use or rental to tenants, providing an opportunity to benefit from the rental income.

3. Some real estate in Turkey provides the opportunity to obtain Turkish citizenship for foreign investors, provided that they invest a specific amount.

4. Opening a company in Turkey gives you the opportunity to enter the Turkish market and benefit from huge purchasing power and an active economic presence.

5. Thanks to the company, you can invest, expand business and market your products and services within Turkey and the European Union.

6. Opening a company in Turkey can qualify you to obtain a work permit in Turkey and facilitate residency for you and your employees.

7. Through the company, real estate can be bought and owned in the name of the company, which enables the diversification of real estate investment in Turkey.

Common questions

How many personal photos are required?

It is usually required to provide two personal photos of the investor or the main owner of the company.

What is a company bylaw document and what does it contain?

The company system document is a file that contains all the information about the company, such as the name of the company, its real or virtual address, the company's activity and shareholder details.