Turkey_Middle East_Shanghai CHYIELD Enterprise Consulting Co., Ltd.

GLOBAL REGISTRATION

Turkey

Advantages of Registering a Company in Turkey

1. Eurasian Hub: Spanning three continents, it covers markets in the EU, the Middle East and North Africa, cutting logistics costs by 30%.

2. Trade Convenience: It maintains a customs ｕｎｉｏｎ with the EU and holds over 25 free‑trade agreements, with export tariffs as low as 0%.

3. Preferential Tax Regimes: New enterprises are granted a 3‑to‑8‑year tax holiday. Specific sectors (manufacturing, technology) benefit from a 50% corporate‑tax reduction.

4. Foreign‑Investment‑Friendly Environment: 100% foreign ownership is permitted with low incorporation thresholds.

5. Sufficient Labour Force: High‑educational standards and a rich pool of skilled talents.

6. Free Capital Flows: No foreign‑exchange controls.

7. Sound Legal System: EU‑aligned commercial regulations with stringent protection for investors’ rights and interests.

8. Well‑Developed Infrastructure: Efficient facilities including ports, highways and power supplies.

REQUIREMENTS

COMPANY TYPE

MATERIALS

Serial

Name

Details

Shareholders and Directors

A Limited Şirketi requires at least one shareholder (natural person or corporate entity) and one director, with no nationality requirements.

Note: Where the shareholder is a corporate entity, ODI‑related considerations shall apply.

Company Name

The official name for a Turkish Limited Liability Company is “Limited Şirketi”, where “Şirketi” serves as the suffix denoting a limited‑liability company. Within Turkey’s business environment, the abbreviation “Ltd. Şti.” is commonly used in place of the full‑form “Limited Şirketi”.

Registered Capital

The minimum registered capital for a Limited Şirketi is 10,000 Turkish Lira. After company incorporation, the registered capital may be paid in instalments within a maximum period of two years.

Business Scope

Please provide your company’s business categories. In principle, there are no substantial restrictions on the business‑scope of Turkish companies. Companies incorporated in Turkey may engage in various industries and business sectors.

Registered Address

The company shall maintain a physical premise located within Turkey (we can assist in providing a registered address).

Special Requirements

Under Turkish law, natural‑person shareholders and directors of Turkish companies, regardless of their nationality, shall apply for Turkish personal tax numbers as Turkish tax residents.

Serial

Name

Details

Joint‑Stock Company （AŞ）

1. Features: Its capital is divided into shares, and shareholders are liable only to the extent of their capital contributions; it may issue shares for trading on the stock exchange.

2. Minimum Registered Capital: TRY 50,000 (a minimum of TRY 100,000 for non‑public joint‑stock companies).

3. Application Scenarios: Suitable for medium‑and‑large‑sized enterprises or entities planning to go public.

Limited Liability Company （Ltd Şti）

1. Features: Shareholders’ liability shall be limited to their capital contributions. Share transfers are subject to the approval of the general shareholders’ meeting; public issuance of shares is not permitted.

2. Minimum Registered Capital: TRY 10,000.

3. Application Scenarios: The preferred choice for small‑and‑medium‑sized enterprises, accounting for 82% of all companies in Turkey.

General Partnership(O.Ş.）

Partners bear unlimited liability, and only natural persons are eligible.

Limited Partnership(Ş.Ş.）

It comprises unlimited‑liability partners and limited‑liability partners.

Cooperative

Established for the economic interests of its members, it requires a minimum of seven founding members.

Serial

Name

Details

Shareholder Information

1. Scanned copy of the main passport page of the corporate shareholder’s legal representative (director);

2. Scanned copies of the main passport pages of all shareholders holding 25% or more shares of the parent company. For corporate shareholders: English translated versions of the business licence and articles of association;

3. English translated version of the parent company’s business licence;

4. English translated version of the parent company’s articles of association;

5. Power of Attorney. This document will be provided by our company Consulting. It authorises our retained Turkish lawyer to assist with company incorporation on behalf of the client.

Director’s Information (Natural Person)

1. Scanned copies of the main passport page of the natural‑person director of the Turkish company (two copies);

2. ID‑size photos with white background of the natural‑person director of the Turkish company (two copies);

3. Power of Attorney. This document will be provided by our company. It authorises our retained Turkish lawyer to assist with company incorporation on behalf of the client.

Notes

All registration documents for Turkey (shareholder and director information) shall be notarised in English and complete dual authentication by China’s Ministry of Foreign Affairs and the Turkish Consulate.

REGISTRATION PROCESS

1

Fill out the Information Collection Form

Confirm the company name and other basic corporate information
2

Document Drafting

Draft the Articles of Association and other corporate documents
3

Application for Personal Tax Identification Number

Apply for Turkish personal tax numbers for the shareholders and directors of the Turkish company.
4

Obtain Preliminary Approval for Registration

Submit the basic documents to the Trade Registry Office for preliminary review.
5

Apostille

Notarisation and consular legalisation for Turkish‑registration documents and the Power of Attorney.
6

Submit locally‑notarised documents for official approval

Upon completion of the Apostille, the documents will be sent to Turkey for local notarisation and submitted for official approval.
7

Obtain the Registration Certificate

Obtain the certificate upon successful company registration.
8

Apply for Corporate Tax Number

Assist with the application for the corporate tax number
9

Open a corporate bank account

Assist with corporate bank account opening