Company founding in Turkey

Company Foundation in Turkey

Good reasons for investment in Turkey and founding a business:

  • Successful and stable economic situation
  • High population, especially young people
  • Good education and qualified labour
  • Liberal and reform-friendly country
  • Good infrastructure
  • Centrally location between Europe and Asia
  • Low tax rates

The company was founded comprising the steps of:

  • Preparing a notarized company contract
  • Notary signature certifications
  • Permission from the Turkish Ministry of Commerce
  • Formal obligation according article 29 of the Commercial Procedure Register
  • Payment of one-tenth of a per cent of the capital fund and the confirmation
  • Application for membership in the Chamber of Commerce


A Turkish partner is not required.


The most popular types of business ownerships in Turkey:

  • Limited Company
  • Public limited company


The following documents are required with the application:

  • Current passport photos
  • Original passport
  • Turkish tax number

You can calculate for the company founding costs approx. 3.000 EUR.