Commonly Asked questions

Turkish Company Formation offers a unique product and approach in Turkey.

The most important point of difference is our passion and commitment to helping foreigners to access business opportunities in Turkey. Against this background, our primary goal is to facilitate a smooth and cost efficient Turkish company formation process for our clients. We value responsiveness, transparency, reliability, and professionalism.

Members of our team all speak fluent English and have lived around the world, including the USA, Belgium, Russia, Japan, and Turkey. We believe this sets us apart from other organizations as we have first-hand experience of the difficulties faced by someone conducting business in a foreign country.

Turkish Company Formation is an independent organization, which means we have the freedom to be flexible and provide you with highly customized support. We recognize that business opportunities do not all look the same, so we tailor our approach and package accordingly to ensure you receive the best foundation and support possible.

Another difference with other organisations is that we are interested in developing an ongoing relationship with your business, stretching well beyond the initial company formation. Ask us how we can support your business in Turkey

Just contact us if you would like to discuss any specific aspect of our approach or services.

Our Turkish company formation package is a flat fee of €2,500, including tax. The flat fee includes everything: all documents, office visits, taxes, and official fees. Everything. There will be no surprise fees at the last minute.

We hope this approach provides some transparency and predictability to your budgeting. Specific details of the packages we offer are outlined here.

While we will not charge any surprise fees to form your Turkish company, we do offer another separate package for ongoing company maintenance and address hosting. You may wish to consider this package after we have completed forming your new company. For an annual fee of €1,900, we will provide the day-to-day services you need to meet your obligations for tax and business address.

We will form your new Turkish company within three business days after receiving the necessary documents and information from you.

The documents and information we require will depend on your specific circumstances, as well as the company type we are establishing for you. Our experienced specialists will discuss this with you in detail to ensure that you know what we need and also how to obtain this information.

In the meantime,we have summarized some general information about document requirements.

The documents and information we require from you will depend on your specific circumstances, as well as the company type we are establishing for you. They will also differ depending on whether the company’s shareholders are real persons, or legal entities.

Our experienced specialists will discuss this with you in detail to ensure that you know what we need and also how to obtain this information.

We have summarized some information about document requirements.

Yes, a commercial address is compulsory to form and maintain a company in Turkey. The rules say you cannot use a residential address for this purpose. Government authorities are known to make physical inspections to check whether an address is commercial and whether it is actually used by the registered company.

Please talk to us if you do not have a local commercial address to use during your Turkish company formation process.

Once your company is formed, you may consider our separate package for ongoing company maintenance and address hosting. For an annual fee of €1,900, we will provide the day-to-day services you need to meet your obligations for tax and business address. You can read more about the company maintenance and address hosting package here.

Yes, an authorized representative of your company must visit Turkey during the company formation process.

During the process, the representative is required to attend the Notary’s offices with our specialists. In general, a trip to Istanbul lasting four business days should be sufficient.

No. Anybody with a valid passport can form a company in Turkey.

This is a significantly simpler process than some other countries in the region, with far less onerous requirements on foreigners for forming a company. In fact, Turkish legislation specifically requires foreigners and local citizens to be treated on equal footing in this respect.

If you later decide to move to Turkey, talk to us about how we can help with the related processes and permits. Our partners at Permit In Turkey have much experience in this field.

No. Unlike some countries in the region, Turkey does not impose minimum thresholds for employing local staff, nor does it require foreigners to establish local partnerships.

Of course, you may wish to hire local staff, or partner with a local businessperson regardless. In which case, we are happy to help you understand and meet your local legal obligations, as well as ensure you are appropriately protected. Just contact us to discuss your specific circumstances.

No, you do not need a local bank account to complete your Turkish company formation.

Of course, you may wish to open a local bank account to manage your business finances. In which case, we are happy to help you understand the process and ensure the this runs smoothly. Just contact us to discuss your specific needs further.

Once your Turkish company formation is complete, you will receive a Trade Registry Certificate, copy of your new company’s Articles of Association, and Tax ID.

Certain industries and company activities will require you to obtain additional permits before you may begin operating your business. Our specialists will discuss these with you, if they apply to your circumstances.

Generally, yes. However, there are some restrictions and requirements you should know about. Please read this post on our blog for more information about the legal requirements and factors to consider.

Of course. We would be happy to meet to discuss how we can best support your business and for you to check us out.

You may also be interested in what our past clients have to say about us on our testimonials page.

We are happy to talk about the factors you will need to consider, even if you are not quite ready to form your Turkish company yet.

Just contact us to set up a time to chat.

We request payment of our full fee up front, before we begin work to form your company. We accept cash, bank transfer, or credit card.

Whatever communication method suits you best, really.

We are happy to communicate via e-mail, Skype, phone, in person, or via our website contact form. We can even communicate via Facebook or Twitter, if you prefer.