Requirements For Company Registration in Turkey

- Any person of any nationality or residence can be director or shareholder in a Turkish company;

- The shareholders of a company registered in Turkey can be both real persons or legal entities;

- A company in Turkey must rent a local registered office.

- Registration of a Limited Company requires the injection of a share capital of TRY 100.000 out of which ¼ (TRY 25,000 ) should be deposited in a bank account upon the registration of the company.

- A limited liability company requires at least 1 director and 1 shareholder.

 

Company Shareholders

A Turkish company requires 1 shareholder who may be of any nationality and reside anywhere. A shareholder may be an individual or corporate entity.

·       If the shareholder is a real person we require:

·       A Passport copy

·       Picture of shareholders

·       Signature Specimen ( it can prepare at notary in Turkey )

·       Power of attorney authorizing us to represent the shareholder for sake of the establishment procedure. We will send the draft for you.

If the shareholder is a legal entity we require:

·       Decision of the board of directors to establish the new company certified by the local authority and apostilled.

·       Certificate of Activity ( apostilled )

·       Articles of Association ( apostilled )

 

·       Signature circular of the company showing the authorized representatives of the company. ( apostilled )