Companixa™ Turkish Company Center offers clients a customer-focused and cost-effective services to form a Turkish Company. Companixa™ prides itself on our attentive and personal approach to every client. We work closely with our clients to offer the best Company Formation Cost in Turkey. Companixa™ handles commercial transactions and disputes with the same dedication and intensity whether our client is a Fortune 500 company or a privately held small business.
Our Turkish company formation team is prepared to handle your company formation in Turkey fast and cost less. Our lawyers are experienced in liaison office formation, branch office formation, free trade zone company formation, joint stock company, joint venture formation, limited liability company formation, Turkish Liaison Office Formation, holding company formation, and company management and governance in Istanbul, Turkey.
Company Formation Cost in Turkey
We do perform Company formation services in Turkey and provide other company governance services for foreign companies. We have extensive experience on limited liability and joint stock companies, joint ventures, liaison office, and branch office formation and governance in Turkey.
Moreover, we have established more than 260 companies for our foreigner clients from including Spain, UAE, Ukraine, Russia, UK, Morocco, Lebanon, Syria, S. Korea, Germany, Italy, Jordan, Vietnam, Poland, France, Pakistan, China, Hong Kong, USA, Malaysia, Iran, Portugal, Norway, Canada, Saudi Arabia, Iraq, and Kuwait.
An LLC requires minimum one partner and it can be a legal entity or a real person. The partner/partners can be Turkish or foreign as well. Foreigners can own 100% of a company and transfer their profit out of Turkey without any problems. Minimum required capital for a Limited Liability Company is 10,000. -TL (Turkish lira). The capital of the company shall be paid in two years and in four installments.
Establishing an LLC generally requires 3 to 5 days. We can set up an LLC in ONE DAY with an additional cost. We also provide company address services for foreign companies and our rates are very moderate.
Please find company formation road map;
- Partners’ passport translation and notarization
- Obtaining tax id number for the partners
- Getting Power of Attorney from the partners for company formation before the Notary Public
- Determining and reserving the company title
- Signing a lease contract for the company address
- Preparing online company establishment procedures
- Filing company details at Istanbul Chamber of Commerce online
- Filing company Articles of Incorporation online and getting it approved
- Filing all the documents at Istanbul Chamber of Commerce and pay official company registration fees
- Obtaining company registration certificate from Istanbul Chamber of Commerce
- Getting signature circular notarized at Notary Public
- Giving Power of Attorney to an accountant on behalf of company
- Opening company bank account
Expenses to register a limited company with one person is:
FEES AND EXPENSES
|Attorney fee for registration of a new company||1,450|
|Opening a bank account||250|
|Tax Office registration||250|
|Accounting fees per month||200|
|Company address per month||100|
|Official company registration expenses (Notary expenses for Articles of Association and all other documents)||500|
Please notice that all the above fees and expenses are included our prices.
We need the following documents to form an LLC;
From real persons;
- 2 Translated and notarized passport copies
- 2 Passport photos
- Power of Attorney to us for incorporating the company from each shareholder.
From a legal entity, if one of the partners is a company;
- The foreign shareholder company’s “Certificate of Good Standing” from the Registrar of Companies. This certificate should contain the information about the current active status of the company and its signature executives.
- The foreign shareholder company’s “Articles of Incorporation”
- The foreign shareholder company must get a resolution for incorporating a company in Turkey.
- If the foreign shareholder company will be appointed as company director in Turkey, it must appoint a real person to do this task. We need signature samples from this person and he must also accept this appointment. We must get his/her passport translated and notarized and we will get a Turkish tax id number.
- Power of Attorney for establishing the company.
- The above-mentioned documents shall be notarized and apostilled.
Additionally, we also provide company address services for foreign companies and our rates are very moderate.
Reach us for Company Formation Cost in Turkey
Since its foundation in 1992, Companixa™ performs company formation in Turkey and provide other company governance services for foreign companies with better prices. We have extensive experience on limited liability and joint stock companies, joint ventures, liaison office, and branch office formation and governance in Turkey. We are committed to remaining forward-thinking and preparing for the dynamically changing world of business law. Types of Companies we establish are limited liability company, liaison office, branch office, free trade zone company, joint stock company, joint venture company, and holding company. You may reach our experts for Company Formation Cost in Turkey by sending an email or through Contact page.