How To Register Small Business In Turkey

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How to register small business in turkey. The pattern most borrowed by international companies wishing to establish themselves in turkey is the partnership agreement with a local company in the form of a distribution contract. Establishing business in turkey. Register your business the turkish commercial code defines several legal business structures all open to foreigners. World bank 5 477 views. A tax registration certificate must be obtained from the local tax office soon after the trade registry office notifies the local tax office.

Starting a business in turkey has become much easier. Currently in the country the requirement for resident participation in capital and management in the process of establishing a company is excluded. A social security number for the company must be obtained from the relevant social security institution. This is mandatory for all types of companies in turkey whether incorporated by foreign or local investors. Legalities and costs of business set ups in turkey differ from the uk and most other countries.

The company registration process must be completed with the local office of trade register where it will operate. Coming to turkey to start a business. This video contains the information about all investors who want to start a business in turkey plz contact at 90 53944 13855office address regus altunizade. The turkish trade register is administered by the chamber of commerce. The guides and information inside the portal are free to access service edited by the bilgener team.

The limited company requiring a minimum of one partner and 5 000 turkish liras in capital is relatively simple to set up and is hence one of the most popular corporate forms for small and medium businesses. A private limited company costs a total of 10 000tl which will need to be deposited during the initial phase of the incorporation the liability of the shareholders is limited to the share capital invested in the company. These steps consist of. Mali müşavir mesut şin mesut sin. Foreign enterprisers who want to open businesses in turkey are required to complete a few steps before starting operating.

In general company registration includes the following steps. Choosing the type of company they want to establish and have the incorporation documents drafted and notarized in accordance with the companies law.