29/12/2013
Company registration in Turkey
Company establish in Turkey
No need to pre - licensing
Established pre – licensing Under the previous law should have been obtained from Department of Treasury and Department of Trade and Industry, now no longer needed.
Company establish in three days
Nowadays by reffering to relevant commercial documents registry office with proper documentation registration is possible in one day. As soon as registration in the commercial document registry office, company will have “ legal identity “.
Types of companies that can be established
Registration companies like:
Stock company
Company with Limited liability
Partnership company
Mixed company
Non-registration companies like:
Joint venture
Commercial union
Consortium
Companies with specific rules
Banks, private financial institutions, insurance companies, leasing companies, discount companies (Bond Buyer), owner companies (A company that controls other companies), companies that do foreign exchange activities, companies that are relevant to Social Treasury, public company in connection with capital market regulations, and companies that are founder and curator of the free zones are also requires to permission of department of Trade and Commerce.
public joint stock companies
The capital stock of this company is participatory each shareholder according to the determined and paid capital owns thr right. At least one shareholder (natural or legal persons) and the minimum capital requirement is 50,000 lira. Required institutions of these type of companies are including General Assembly, Board of Directors, and supervisory council.
Company with Limited liability
This type of company could have at least one and a maximum of 50 shareholders of individuals or legal entities and share of each shareholder is determinesd based on registered and paid capital. The minimum capital of 5,000 lira is required and unlike public joint stock companies no stock certificates will not be issued.
Mixed company
In order to conduct trading enterprise this company is established as a commercial company. While the responsibility of shareholders is limited to the amount of capital that shareholders are paid and recorded, for other shareholders (partner, sponsor), there is no limitation of liability. Shareholders should only be legal entities and have no minimum capital specified. Shareholders rights and obligations are specified in the statute
Partnership company
In order to conduct trading enterprise this company is also established as a commercial company, however, none of the shareholders responsibility is not limited to the registered and paid capital. No minimum capital is required. All shareholders must be individuals. Shareholders rights and obligations are specified in the statute.
Registration procedures
A copy of the statute (one of them must be primary statute) that is notarized must be prepared. Maximum 3 to 15 days after statute notarized registration with the documents listed below See the relevant commercial register office for registering your apply.
Documents and information required for registration:
Originally, passport copies and translations of all stakeholders and approved by the relevant authorities
Two 3 * 4 photo of all shareholders
Official mandate and its certified translation by Turkey Embassy in Tehran in the absence of the owner in Turkey
Addresses, phone and specifications in Iran
Addresses, phone and specifications in Turkey
Specify company’s name
