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Business Setup
Last reviewed: May 2026Source-based and reviewed guidance

Company Formation in Turkey

We help foreign founders set up the right company structure in Turkey with clear guidance on capital, timing, documents, and post-formation compliance.

5-7 business daysStandard Ltd. setup
50,000 TRYMinimum capital for Ltd.
250,000 TRYMinimum capital for JSC
Remote setup possibleWith apostilled POA

LLC Formation

Full legal support for limited liability company setup

01

Free Zone Registration

Tax-advantaged free zone company establishment

02

Branch Office

Establish a branch of your existing international company

03

Company Type Options

Choose the structure that fits your growth, compliance load, and capital expectations before any paperwork starts.

Joint Stock Company (A.S.)

Better suited for scale, investment rounds, or businesses needing a heavier corporate structure.

Best for
Holding structures, larger operations, regulated sectors, or future share transfer flexibility.
Timeline
7-10 business days
Capital
250,000 TRY minimum capital
Setup mode
Remote or in-person

Branch Office

A direct extension of an existing foreign company instead of a separate Turkish legal entity.

Best for
Established companies expanding with a parent-company-led operating model.
Timeline
10-15 business days
Capital
No separate statutory minimum
Setup mode
Usually document-heavy remote setup

Free Zone Company

Useful for export-heavy structures where zone-specific incentives matter more than simplicity.

Best for
Export, logistics, manufacturing, and zone-linked incentive planning.
Timeline
15-20 business days
Capital
Depends on zone and activity
Setup mode
Requires separate authority approvals

Quick Eligibility Check

Use this short check to frame the right starting route before you spend money on the wrong company type.

You know your activity scope

The company objective in the articles must match what you actually plan to do in Turkey.

You can provide an address solution

A valid registered address is needed at incorporation, even if the business operates lean at first.

Shareholder documents can be apostilled

Passport copies, powers of attorney, and foreign corporate documents must line up cleanly.

You have a realistic launch timeline

Bank KYC, notarisation, and regulated activity checks can shift the setup window.

2-minute setup brief

Free Eligibility Review

Answers are saved to the admin lead record, so the team starts the first call with context.

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How It Works

1

Tax Number and Founder Intake

We collect shareholder details, verify passport consistency, and obtain Turkish tax numbers where required before the file moves to drafting.

2

Structure and Articles Drafting

We define whether an LLC, JSC, branch, or free-zone route makes sense, then draft the articles around ownership, activity, and governance.

3

Capital Planning and Signature Stage

We align the minimum capital, signing flow, and POA path. For LLCs, committed capital can generally be paid within 24 months; upfront banking steps depend on the structure and registry workflow.

4

Registry Submission

The final file is submitted through the trade-registry workflow, including notarisation, MERSIS alignment, and publication steps.

5

Chamber and Tax Activation

After registration, we complete chamber registration, tax-office coordination, signature circular, and the first compliance setup steps.

6

Banking and Post-Formation Handover

We close the loop with bank-account coordination, bookkeeping handoff, and the next compliance steps your company will face after day one.

Compare Your Options

A faster way to compare structure, capital, timing, and operating fit side by side.

LLC (Ltd. Sti.)
JSC (A.S.)
Branch Office
Free Zone
Minimum capital50,000 TRY250,000 TRYNo separate statutory minimumVaries by zone and activity
Founders1-50 shareholders1 or more shareholdersParent company drivenDepends on licence type
Setup time5-7 business days7-10 business days10-15 business days15-20 business days
Foreign ownershipUp to 100%Up to 100%Parent-company dependentOften up to 100%
Main tax baseline25% CIT + VAT regime25% CIT + VAT regime25% CIT + VAT regimeIncentive-led, zone specific
Best fitSMEs, services, tradeScale, investors, governanceExisting foreign operationsExport and incentive planning

LLC (Ltd. Sti.)

Minimum capital
50,000 TRY
Founders
1-50 shareholders
Setup time
5-7 business days
Foreign ownership
Up to 100%
Main tax baseline
25% CIT + VAT regime
Best fit
SMEs, services, trade

JSC (A.S.)

Minimum capital
250,000 TRY
Founders
1 or more shareholders
Setup time
7-10 business days
Foreign ownership
Up to 100%
Main tax baseline
25% CIT + VAT regime
Best fit
Scale, investors, governance

Branch Office

Minimum capital
No separate statutory minimum
Founders
Parent company driven
Setup time
10-15 business days
Foreign ownership
Parent-company dependent
Main tax baseline
25% CIT + VAT regime
Best fit
Existing foreign operations

Free Zone

Minimum capital
Varies by zone and activity
Founders
Depends on licence type
Setup time
15-20 business days
Foreign ownership
Often up to 100%
Main tax baseline
Incentive-led, zone specific
Best fit
Export and incentive planning

Required Documents

1

Passport copies for shareholders and directors

Where documents come from abroad, apostille and certified Turkish translation must be checked early.

2

Turkish tax number for each foreign individual

This is needed in formation and banking workflows and can usually be obtained before travel plans are final.

3

Draft or notarised power of attorney if remote

If the founders will not be present in Turkey, the POA route should be designed before notarisation starts.

4

Registered address evidence

A lease, virtual-office agreement, or other valid address basis must match the incorporation route.

5

Foreign company documents if branch or corporate shareholder

Trade registry extracts, board resolutions, and signature authority documents often need extra legalisation.

6

Capital and governance decisions

Minimum capital, manager/director structure, and signing powers should be decided before the final registry filing.

Timeline & Investment

Estimated Time
5-7 business days

For a standard LLC file that is document-ready. JSC, branch, and regulated activity files usually take longer.

Investment Range
From $2,500

Service fees usually cover drafting and coordination. Government charges, translations, bookkeeping, and capital itself are separate.

Common Risk Points

These are the points that usually create delays, rework, or hidden cost after founders think they are ready.

Apostille and translation mismatch

Small spelling differences across passports, powers of attorney, and translations often trigger rework.

Bank KYC delays

If the bank cannot understand the ownership structure or business model, the process can slow down even after incorporation.

Wrong company type selection

Many founders start with a company form that feels cheap upfront but creates tax or governance friction later.

Regulated sectors need extra approval

Finance, health, logistics, education, and some digital activities may need authority-specific steps.

Address and bookkeeping underestimated

Formation is only the first milestone; address, accounting, filings, and payroll obligations begin quickly.

Execution support, not just theory

This page is designed to reduce avoidable friction before you commit to a company structure.

Structure first, paperwork second

We help choose the right entity before documents are drafted, so you do not rebuild the setup later.

Remote-friendly process

Where legally possible, we design the process around apostilled POA and low-friction document handling.

Post-formation continuity

Company setup, bank account, tax-accounting, and work-permit coordination can be planned together.

Starting a business in Turkey has never been easier. Our expert team provides end-to-end consulting for company formation, ensuring full compliance with Turkish commercial law. Whether you're looking to establish an LLC, register in a free trade zone, or open a branch office, we handle the paperwork, legal filings, and registration processes so you can focus on growing your business.

Frequently Asked Questions

Official Sources

We review these reference points before publishing or refreshing the Turkish content on this page.

Useful Next Steps

If you are moving beyond incorporation, these are the next layers founders usually need.

How to Set Up a Business in Turkey: The Complete Guide

A longer guide covering company-type selection, registration steps, post-formation compliance, and practical founder mistakes.

Interested in This Service?

Contact our team to learn more about how we can help you.