Many ask about the mechanism of opening a new company in Turkey, the best type of company, and what is the difference between registering a limited company in Turkey and other types of companies? Which types of companies are better?

Why Invest in Turkey?

Investing in Turkey has become a necessity, whether to provide an alternative plan, or to move directly to live and work in Turkey.

The establishment of a company in Turkey may be the first step for many facilities, such as obtaining entry visas to Turkey, buying real estate in Turkey, stability and starting a business.

Establishing a Limited Company in Turkey

Establishing a limited company in Turkey is one of the best options for many foreign investors in Turkey, and it is suitable for owners of projects of various sizes; Large, medium or small, due to many advantages.

Limited companies are mostly created for commercial purposes, and operate under a trade name that is registered in their articles of association.

What are the Advantages of a Limited Company in Turkey?

Below are the most important characteristics and advantages of establishing a limited company in Turkey:

1. It is a company with a fixed capital, not less than 10,000 Turkish Liras minimum.
2. The capital is divided into shares, so that the value of the basic shares is the capital of the company.
3. The easy process of establishing a limited company in Turkey, as well as registration fees are reasonable, and the ownership can be transferred between individuals, with the possibility of liquidation and stopping work when needed in a legal way.
4. In this type of companies, it is possible to establish a limited partnership with one or more partners, up to 50 real or legal partners.
5. Limited companies in Turkey benefit a wide business powers in the market, with the exception of work in the fields of banking and insurance.
6. This type of companies does not require administrative boards, and can consist of one person, with the possibility of adding other partners later.
7. Providing the possibility of real estate ownership in the name of the company, regardless of the nationality of the partners, as a Turkish legal entity. In this matter, it is an important solution for holders of some nationalities, such as the Syrian nationality, who are not entitled to own real estate directly as individuals, but it can be available if a Syrian citizen establishes a company, for example, if a Syrian citizen may buy property in Turkey and register it if he/she managed to establish a company in Turkey.
8. These companies have great influence on business in the trade and other business sectors. A number of multiple business activities can be registered to the company name.

Moreover, the decision in determining the type of company that the investor want to establish in Turkey must be based on a careful study, through which should specify the types of businesses.

In Trustus company, we recommend that you always choose an experienced financial consultant who speaks your native language, and rely on an expert lawyer to avoid possible mistakes.

We will assist you in all procedures, including obtaining a Turkish visa, by establishing a Limited Company in Turkey while you are in your country.

 Edited by: Trustus Company^©