How to Register a Company in Turkey: The Step-by-Step Guide
By Space Coast Daily // April 3, 2022
Are you looking to start a business in Turkey? If so, you’ll need to know how to register a company. This step-by-step guide will walk you through the process of setting up your new business. We’ll cover everything from registering with the Turkish Commercial Registry to getting your company’s tax ID number. As, we don’t want you to wait so let’s get started!
What Is Needed to Start a Company in Turkey
Before you can start a company in Turkey, there are a few things you need to take care of. First, you need to choose the type of company you want to establish. There are several different types of companies, each with its own advantages and disadvantages. Once you have chosen the type of company you want to establish, you need to register it with the Trade Registry Office.
This is a simple process that can be done online or in person. Next, you need to obtain a trade license from the Ministry of Industry and Trade. Finally, you will need to open a bank account and deposit the required amount of capital. Once these steps have been completed, you will be ready to start your new company in Turkey.
The Process of Registering a Company in Turkey
Company formation in Turkey is a relatively straightforward process. The first step is to choose a company name and submit it to the Trade Registry Office for approval. Once the name has been approved, the next step is to open a bank account in the company’s name and deposit the minimum share capital required by law.
After the bank account has been opened, the next step is to prepare the articles of association and submit them to the Trade Registry Office, along with a notarized copy of the bank statement. Once the documents have been submitted, the final step is to pay the registration fee and obtain a certificate of incorporation. The whole process usually takes around two weeks.
What You Need to Do After Your Company Is Registered
After your company registration in Turkey, there are a few key things you need to do to get started. First, you need to obtain a business license from the city or county in which your business is located. This will allow you to legally operate your business in that jurisdiction. Next, you need to open a bank account for your business.
This will allow you to keep your personal and business finances separate, and it will make it easier to track your expenses. Finally, you need to obtain insurance for your business. This will protect you financially if something goes wrong with your business. By taking these steps, you can ensure that your business is up and running smoothly.
The Benefits of Setting Up a Company in Turkey
After your company is registered, you will need to take a few steps in order to get your business off the ground. First, you will need to launch your website. This is essential for customers to be able to find you online and learn more about your products or services. Once your website is up and running, you will need to start marketing your business.
This can be done through various channels, such as social media, search engine optimization, or even traditional methods like print or television advertising. By taking these steps, you can ensure that your business is set up for success.
Also, in Turkey, it is necessary to register a company in order to obtain the legal status of a company. This process involves filing the articles of incorporation with the Ministry of Industry and Trade. The registration process is important in order to obtain the correct legal status for a company so that it can operate legally in Turkey.
It also ensures that the company is included in the Trade Registry, which is a public record of all registered companies in Turkey. The Trade Registry is used by potential customers and partners to verify the legitimacy of a company. Including your company in the Trade Registry helps to build trust and credibility. Therefore, proper registration of a company in Turkey is essential for its success.