Company Setup in Turkey

Form a Turkish company — fast, documented, fixed-fee. Structure, registration, tax number, and bank account, handled end to end.

The GMC® Legal Team handles Turkish company formation end to end: structure, registration, tax number, bank account and accounting — at a fixed fee with a documented process. Whether you are building an operation or supporting a property and residence plan.

What’s included

Company registration

Incorporation at the Trade Registry, MERSIS filing and Trade Registry Gazette announcement.

Tax number & registration

Corporate tax registration, e-notification and the required tax-office steps.

Bank account

A multi-currency Turkish business bank account opened right after incorporation.

Accounting & filing

Monthly bookkeeping, VAT/withholding filings and a chartered-accountant.

Registered address

A registered company address / virtual-office option where needed.

Signature & representation

Notary, signature circular and remote incorporation by power of attorney.

Company types

Most common

Limited Company (LLC)

Can be formed by a single shareholder; 100% foreign ownership is allowed. Suited to SMEs and most investors.

Larger scale

Joint-Stock Company (JSC)

Better suited to share transfers and raising investment; preferred for going public and larger operations.

Costs & capital

Minimum share capital — LLCTRY 50,000*
Minimum share capital — JSCTRY 250,000*
Government, notary & registry feesAt cost
GMC formation serviceFixed fee — quoted on scope
Monthly accountingFixed monthly retainer
*Minimum capital and fees are subject to the regulations in force; we confirm exact figures before you commit. The GMC service fee is fixed and quoted on scope.

The process

  1. Documents & power of attorneyPassport, tax number and — for remote setup — a power of attorney.
  2. Name & MERSIS applicationCompany name reserved and the application filed via MERSIS.
  3. Articles of associationArticles of association drafted, signed and approved.
  4. Trade Registry incorporationRegistered at the Trade Registry and announced in the Gazette — the company comes into existence.
  5. Tax & social-security registrationTax-office registration, inspection and, if needed, social-security workplace registration.
  6. Bank account & operationsThe company bank account is opened — the company is ready to operate.
Typical incorporation takes ~1–2 weeks once documents are ready.

Frequently asked questions

Can a foreigner own 100%?
Yes. Foreigners may wholly own a Turkish company — no local partner or shareholder is required.
Do I need to be in Turkey?
No. Remote incorporation by power of attorney is possible; we run most steps on your behalf.
How long does it take?
With documents ready, incorporation typically takes about 1–2 weeks.
Does a company give me residence or citizenship?
Forming a company does not by itself grant citizenship, but it provides a framework for a work/residence permit and operations. For citizenship, see our real-estate investment route.
Do you also open the bank account?
Yes — right after incorporation we open a multi-currency Turkish business account.

General information, not investment or legal advice; verify independently.

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