How can I set up Limited Company LLC in Turkey. To set up a Limited Company LLC in Turkey, you need to follow the legal requirements set forth by the Turkish Commercial Code. The minimum capital required to establish an LLC in Turkey is ₺50.000, which must be paid within two years and up to four years. The LLC can be formed with at least one shareholder, and a manager must be appointed to represent the company.

There is no need for a Turkish shareholder or a director. The Articles of Association and other relevant documents must be notarized and submitted to the trade registry at the place where the company’s headquarters is located. Foreign nationals can establish a business in Turkey, but they must follow local laws and regulations. It is recommended to get a reputable legal counsel familiar with Turkish Company Regulations and have current and accurate information.

How can I set up Limited Company LLC in Turkey? You can get support on the subject. If you would like to get professional support and benefit from our expert experience. You can contact us.

How can I set up Limited Company LLC in Turkey

The steps for the question “How can I set up Limited Company LLC in Turkey” are as follows. Setting up a Limited Liability Company (LLC) in Turkey involves several steps. Here’s a general overview of the process:

Name Reservation: Choose a unique name for your company and get it approved by the Turkish Trade Registry Gazette.
Share Capital: Determine the initial share capital required for an LLC, which should be at least 50,000 Turkish Lira (TRY).
Articles of Association: Prepare the Articles of Association, which includes information about the company’s objectives, shareholders, board members, etc. It must be notarized by a Turkish notary.
Notarization: Notarize other relevant documents required for registration, such as declarations of incorporation, signatures from shareholders, and the company’s address.
Tax Registration: Obtain a tax identification number for your company from the local tax office.
Trade Registry Office: Submit the required documents to the local Trade Registry Office within ten working days of notarization. The documents may include the Articles of Association, tax identification number, notarized signatures, and a trade registry application form.
Announcement in Trade Registry Gazette: Once the Trade Registry Office approves your application, the decision will be published on the Turkish Trade Registry Gazette.
Registration with Tax Office: Register your company with the local tax office within 15 days of receiving the Trade Registry Gazette announcement.
Social Security Registration: Register your company and employees with the Social Security Institution (SGK).
Municipality Registration: Register your company with the local municipality.
Obtain Necessary Permits: Depending on your business activity, you may need to acquire additional permits or licenses from relevant authorities.

Please note that the process and requirements may vary depending on the specific circumstances and legal regulations in Turkey. It’s recommended to consult with a professional advisor or lawyer who is familiar with the Turkish company registration process to ensure compliance with all legal requirements.

How can I establish a Limited Company LLC in Turkey? There is an important issue that you should not forget while looking for an answer to the question. In order to open a bank account for a limited company, the legal representative / manager of the company must personally go to the bank. Banks in Turkey do not open accounts to limited liability companies with a power of attorney.

Are you planning to establish a new limited company in Turkey? There are several important aspects to consider in the establishment process.

How to establish a limited company in Turkey?

To establish a limited company in Turkey, you need to follow specific procedures and fulfill legal requirements. These include selecting a unique company name, preparing necessary documents, notarizing the Articles of Association, and registering with the local Trade Registry Office.

How long does it take to establish a limited company in Turkey?

The timeframe for establishing a limited company in Turkey can vary. It typically takes a few weeks to complete all the necessary procedures and obtain the required approvals.

What are the establishment procedures for a limited company (Ltd.)?

The establishment procedures for a limited company in Turkey involve steps such as name reservation, notarization of documents, submission of required paperwork to the Trade Registry Office, and fulfilling capital requirements.

How to establish a single-partner limited company?

If you wish to establish a single-partner limited company, you can be the sole shareholder and follow the same procedures as for a regular limited company.

What is the minimum required capital to establish a limited company?

In Turkey, the minimum required capital to establish a limited company is 50,000 Turkish Lira (TRY).

How can I set up Limited Company LLC in Turkey. Establishing a limited company in Turkey can be a complex process, but with proper guidance and understanding of the procedures involved, you can successfully set up your company for your commercial activities.