The best way to establish a business in Turkey

Created: 2021-06-16
Last Updated: 2024-05-05
Views: 3208

Content Index

First: What is the possibility of establishing a business in Turkey?
Second: What are the types of commercial projects that can be established in Turkey?
Third: How can the company be registered with the Commercial Registry Office?

After the great development that Turkey witnessed, which contributed to attracting investors from all over the world, these investors began to search for different ways to establish businesses and investment projects within the Turkish lands to achieve many profits, especially since Turkey was able to secure an incubating environment for all commercial projects, by Through the many laws and facilities for foreign investors who do not hold Turkish citizenship.

First: What is the possibility of establishing a business in Turkey?

Foreigners can certainly establish their own business in Turkey and open their desired project in several fields, especially that Turkey has many ingredients and factors that encourage this and contribute to the success of projects, especially real estate projects, which are characterized by their cheap prices. A business in Turkey does not require a lot of money, in addition to the fact that the low price of the Turkish lira next to foreign currencies helps the possibility of opening huge projects within Turkish territory, and do not forget that Turkish law treats foreign investors in Turkey as well as treating local investors without any restrictions.

Second: What are the types of commercial projects that can be established in Turkey?

There are different forms of commercial projects that foreign investors can work in in Turkey. We will mention, for example, the joint stock company, the limited liability company, the cooperative company, the partnership company, and many others that provide the investor with a wide and varied field.
As for the commercial projects that investors in Turkey tend to, they often prefer to establish tourism-related projects in Turkey and services that others may need, in addition to restaurants, cafes, hotels, maintenance work and shops, while there are some types of businesses that must Before working with it, approval must be obtained from the competent authorities. These businesses include banks, currency exchange offices, companies that are subject to capital markets, warehousing and free trade. Therefore, before starting any business, it is necessary to communicate with a lawyer to ascertain the category under which it falls. this project .

Third: How can the company be registered with the Commercial Registry Office?

The Turkish Chamber of Commerce has offices distributed in most Turkish cities, and there the necessary papers are filled out and certified, and then you wait for approximately 15 days until the process of registering your own company in the commercial registry is organized.
After that, you must submit a registration form for the company and provide proof that you are one of the founding members, and you must also prepare a commitment letter in addition to the payment receipt for the customer fund account, which is usually equivalent to 1/1000 of the company's capital.
Once you register the company in the commercial register, you can then carry out your business without any problems.

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The best way to establish a business in Turkey

First: What is the possibility of establishing a business in Turkey?

Second: What are the types of commercial projects that can be established in Turkey?

Third: How can the company be registered with the Commercial Registry Office?