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Turkey
Company Formation and Related Services
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Company Formation in Turkey F.A.Q
Company Formation Services in Turkey and details on how to incorporate a Turkish company, VAT registration, establish a bank account and setup of a virtual office in Turkey. We provide English speaking company registration service in Turkey.
1. What is the minimum share capital of a Turkish Limited Liability Company?
The Limited Liability Company established in Turkey has a minmum share capital of 2,400 EUR.
2. What is the minimum share capital for a Turkish Joint Stock Company?
The founders of a Joint Stock in Turkey must provide a minimum capital of 24,000 EUR.
3. Are there any special requirements for establishing a Limited Liability Company in Turkey?
A Turkish Limited Liability Company must have a local registered office and a legal representative to carry out the incorporation process. All of the shareholders can be citizens of Turkey or foreigners, and there is no restriction as to the nationality of the company's director.
4. How can I register for VAT in Turkey?
In order to register your Turkish company for VAT purposes, a notification at the local tax office where the company's place of business is located must be made. The institution requires a detailed form filled by the founders, and attached specific company documents such as articles of association, company charter and power of attorney of the representative. Moreover the application should also contain detailed information on the number of shareholders, their address and name, as well as the director's and management board. After obtaining the VAT number the company must comply with the legal requirements of taxation.
5. How can I open a bank account in Turkey?
The bank account of the company is mandatory, as the company is obliged to deposit the
minimum capital and hold transactions. Usually the process is straightforward and the
founders need to provide their complete information, as name, address, etc., and certain
company documents including registration certificate.
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Ankara
Company Formation in Turkey
BridgeWest provides company formation in Turkey. Our assistance includes: > drafting the Articles of Association (necessary for the company incorporation in Turkey); The Articles of Association of the Turkish company can be signed through Power of Attorney for each of the shareholders (a minimum of 2 shareholders is required for a Turkish Limited Liability Company). > drafting all other documents…
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Articles on Company Formation in Turkey
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1. What is the minimum share capital of a Turkish Limited Liability Company? The most common form of business in Turkey is the Limited Liability Company established by two or more shareholders who must provide at least 2.400 EUR as minimum capital. 2. What is the minimum share capital for a Turkish ...
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