Company Formation in Turkey 2019
The Limited liability company in Turkey is known as Limited Şirketi (Ltd. Şti.) which is similar to the GmbH company type in Germany. The name of the company incorporated in Turkey should be derived from the primary business categories and it can be in any language as required. The name of the company should be acceptable in the Turkish language and it should not be contradict to other company names already in the Turkish market. The company should not be negative in any perspective causing damage to national, cultural and historical aspects of the country. Before choosing the company name that needs to be incorporated in Turkey, the company name has to be searched and ensure that it is suitable for presenting in approval. The name approval can be availed within a few hours of submission. If any name is found to be appropriate then the name can be reserved for 10 days without any additional charges. AbroadBiz will assist you with the name searching to step by step company registration process.
The online company details form has all the required company information that we need. The certified and notarized copy of the Article of Association certificate of the company will be done by us. The process of submitting the incorporation documents to the trade registry office (Türkiye Ticaret Sicili) will also be done by us. The set of documents will include:
- Certificate of Articles of Association (AoA)
- Payment receipt received from the bank for the deposit of a capital amount
- Company officers passport copy notarized and signature declarations
- Notarized copy of the identified company officers
- Contract of the rental office address
- Details of the tax office registration
We, at AbroadBiz, shall fulfill the entire process of registering the company at all the ministries and government departments. However, the business operations can be started full-fledged after getting the required approval as well as registration from the Trade and Tax office.
Every company is given a registration number after it is incorporated which is unique and essential for the business processes. The standard time line for the incorporation of the company is 10 days.
We have strong knowledge and experience of more than a decade in enabling foreign clients or investor to set up their companies in Turkey. We have an experienced team of executives who can provide complete step-by-step support of entire process, right from choosing the name of the company and commencing the tax procedures.