1. The documents and papers necessary for establishing a company in Turkey
The investor is required a valid passport and tax number, among our company’s tasks is to translate the passport and document it from the Turkish notary and obtain the tax number.
2. Basic company information
It is in determining the basic company data found within the founding contract that will be provided to the Turkish Chamber of Commerce and this information as follows :
Shareholders: It must be determined if the company is for one or more people..
Company directors: the company can have more than one director and this manager can be from the partners and it can be from outside the founding shareholders.
Company name: A company name must be chosen before starting the establishment procedures to ensure that it is not already used.
The company’s capital: Determining the capital of the company is one of the basic conditions for establishing the company and the amount of capital is up to you to choose, knowing that the lowest capital that can be established by a company is 10 thousand TL and the company’s capital is not related to taxes and there is no condition for depositing the capital before incorporation.
Company address: Any company that is established in Turkey must have a specific address in case you have a specific address that you want to establish the company with. You can use it directly and write it in the founding contract. In case you do not have an address yet you can use a default address for the company and this procedure is legal in Turkey and most recently invested in Turkey use the default address to start their business.
Company activities: It means the activities that the company will undertake, and more than one event can be written within the company’s articles of association, depending on your desire to work and the activities that you will undertake.
Legal Accountant: Every company established in Turkey must have a chartered accountant whose mission lies in linking the company’s relations with the tax room, the chamber of commerce and the social security room and submits the company’s information and bills etc. to the competent authorities through a specific system that is given to it by the official authorities Turkish.
3. Starting the procedures of establishing the company
After determining all the previous information, the procedures for establishing the company are started, writing the articles of incorporation and submitting it to the Turkish Chamber of Commerce
To obtain the company’s commercial record, accounting books and other official papers.
4. Approval of the signature
After the commercial record is issued, the manager of the company can approve his signature with the Turkish notary and this signature will be approved in all Turkish government departments.
5. The bank account of the company
After extracting the commercial registry and completing the signature approval, the manager of the company can open a bank account for the company and the bank does not require any amount of capital to be opened to open the account, in which case the incorporation procedures have been completed and the company is ready to work in any of the activities mentioned in the founding contract.