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Registering a company in Turkey and starting a business with 14 years of Mehran Group experience
To register a company in Turkey, or to buy a ready and active business in Turkey, it is necessary to comply with the rules of the Turkish Chamber of Commerce. Any type of business in Turkey, for any purpose, requires its official announcement and registration with the relevant organs of the Turkish government. Purposes such as helping a business in the form of representation, or facilitating receiving and international payments, or other purposes that are carried out under the general title of company registration. Mehran Group's services in this sector are unique compared to other companies. Because by relying on the government records of the managers of this company in Turkey, all matters from the official translation of the primary documents with the official seal and signature of Dar al-Tarjmeh, to the necessary consultations and market research of your desired business under the supervision of educated and experienced consultants in the field of relations between International does.
Turkey has been a member of the International Forum since 1974. And the activity permit (activity certificate) is acceptable in Turkey, in other European countries and America. For this reason, company registration in this country is very welcomed by foreigners and has many fans.
According to the Turkish Business Law, any foreigner can register a company and start an activity in Turkey only with a valid passport.
Necessary documents for company registration in Turkey
1- Carrying a passport that has more than 6 months of validity remaining.
2- Two pieces of color photos. Also, the following must be specified before registering the company:
1- Choosing a name for the company
2- Having a charter about the type of company activity
3- Determining the share percentage of the partners
4- Choosing the manager or managers of the company
5- Address and location of the company
6- Choosing a financial advisor
One of the most important issues in registering a company is the issue of taxes. You need to know the tax laws of a company in Turkey. So that you don't face problems in maintaining the company.
Corporate tax in Turkey can be divided into two categories. The first category of income tax and the second category of tax related to stoppages. Income tax is calculated at the end of each tax year and according to the invoices issued by the company. If you have to pay the stoppages every three months. The tax on the rent of the company premises, the stoppage related to the wages of employees and financial advisors, are among the second category taxes that must be paid every three months.
A company that does not operate, VAT is done by submitting blank statements at the end of the year.
Types of companies in Türkiye
You can register 7 types of companies in Turkey, two types of ANONIM and LIMITED are the most widely used types.
Enterprise companies
Anonymous company
Company Limited
Cooperative company: depending on the company's statutes
Non-organizational companies: depending on the company's statutes
Collective company: no minimum capital
Limited company: no minimum capital
Procedures for company registration in Türkiye in 2024
To register a company in Türkiye, you must go through the following steps:
Official translation of passports of company members into Turkish
Determining the physical location of the company or shared office
Choosing an official Turkish accountant for the company
Drafting of the company's articles of association in Istanbul Turkish according to the laws of Turkey
Obtaining the tax number of company members from the Turkish Tax Office
Completing the special form for company registration in Türkiye
Refer to the Turkish Chamber of Commerce and complete the relevant forms
Arrangement of commitment form (chamber of commerce)
Official registration of the CEO's signature in the document registry office
Official confirmation of the statutes in the registry office
Opening a personal and corporate account to deposit the initial capital (note: never do this in an account other than your own)
Confirmation of a quarter of the company's capital in the bank account
Printing the official newspaper of the company
Obtaining a corporate tax number from the Turkish Tax Office (in Turkish it is called Vergi Lohasi)
Obtaining a company registration card or a company business card
Obtaining the license of accounting offices and opening them
Company documents must be registered in the central registry system (MERSİS) and some of the above documents must be sent to the business registry office.
Before any action, you should see what is your purpose of registering a company in Turkey?
Obtaining Turkish residence is one of these goals.
By registering the company, you can get one-year short-term residence for the CEO and his family.
This residence request depends on many parameters, including the capital of the registered company, the amount of tax payment and the life of the company, and having a business plan and invitation, etc.
It is recommended to enter Turkey through a business visa to obtain residency through company registration, so that you can apply for residency with this visa.
Otherwise, it is almost impossible to get business residency in Türkiye.
Then you register your company through this invitation.
Also, company registration can lead to Turkish citizenship, which can be one of the main goals.
The number of Turkish employees in the company is one of the important parameters in obtaining Turkish citizenship through company registration.
Trading with the world by having a bank account in Turkey and having a legal personality can be one of the goals of registering a company in Turkey.
Of course, there are other ways to obtain residency in Türkiye:
Recruitment of Turkish forces
You do not need to hire a Turkish force to register the company and receive the company's documents, including the activity license
You can advance your company registration process so that you don't need to hire Turkish personnel.
Turkey allows you to operate legally with this company registration.
The most important advantage of the work permit is the possibility of obtaining residence for the CEO and family members.
We do not recommend this method if you want to register the company only to get residence.
Because it is not economical from the economic point of view and the need to hire a Turkish employee in the company.
Contrary to what you see in the advertisements of obtaining residence by institutions, obtaining residence for companies that do not have any activity and are newly established is impossible.
Advantages of company in Türkiye
1- Obtaining Turkish residence for the CEO and his wife and children (in case of hiring Turkish workers or having a business visa)
2- Obtaining a work permit, which after 5 years leads to Turkish citizenship and receiving a passport. (in case of job creation and hiring at least 5 Turkish workers)
3- Opening a bank account in Turkey and using its benefits (read the post on opening a bank account)
4- The possibility of concluding international contracts by the company in a legal manner
5- Setting up your own business legally
6- Obtaining a business card from Turkey
7- Insuring the company manager
8- The possibility of establishing a branch in European countries and using the benefits of a European corporate bank account
9- Very reasonable cost of maintaining the company
10- Calculation of taxes based on the company's net income
11- No need for a physical office
12- There is no need for a Turkish partner and you can register alone.
13- The possibility of receiving a permanent Turkish SIM card without residence
Provision of a permanent corporate SIM card in Türkiye
These SIM cards are issued in unlimited number and in the name of the company.
Business card acquisition service
After registering your company, you can obtain your company's business card from the Turkish Chamber of Commerce.
Corporate insurance
One of the advantages of the company that we mentioned above is the insurance of the company manager.
This insurance is called bağkur in Turkish.
By paying your monthly insurance premium, you can use the benefits of SGK insurance, which is a government insurance.
This insurance has the best coverage in the field of health and you can benefit from medical services for free in Turkey.
You can also benefit from Turkish pension services after 25 years by continuously paying this insurance every year and renewing it.
Corporate tax in Türkiye
After registering the company, it is time to set the tax payment period.
This period can be one month or three months.
The method of payment is that the accountant of the company must check your income and expense invoices.
After checking the invoices, the company's net profit is determined and between 20 and 25% of your net income must be taxed.
It should be noted that it is not necessary to pay taxes for the amounts that enter the company's account.
And your financial advisor will determine your company's tax rate based on your performance and invoices.
Also, the payment of stoppage, which we checked earlier, is one of the mandatory and important taxes in Turkey, which must be paid to the tax office every 3 months.
Registration of trading companies in Türkiye
One of the popular companies for Iranians in Türkiye is the trading company.
You can import and export in Turkey with these companies.
If the articles of association of your company are set up correctly, you can legally import and export to Turkey after obtaining a business card.
Due to the credibility of this company and having a license to operate in other countries, it is possible to enter into international contracts.
By obtaining international standards and international trade honors, Mehran Group has been able to take an important step in the field of international trade. This company provides the best international affairs services in the field of company registration in Turkey by using high-ranking and educated experts. .