Frequently asked questions

Frequently asked questions

Can a foreign investor form a company in Turkey?
Yes. Under Law No. 4875, foreign individuals and companies can form a capital company on a footing close to local investors. Documents, translation and registration depend on the company type.
What is the practical difference between a limited and a joint-stock company?
Both are capital companies. A limited company suits simpler ownership; a joint-stock company suits structures that track share transfers and a board. The choice follows the activity and the number of shareholders.
Does incorporation automatically grant a work permit?
No. Trade-registry registration does not give a foreign shareholder or manager the right to work in Turkey. If someone will actually work, a work permit or an exemption is planned separately.
Does a liaison office trade?
A liaison office is opened for market research, representation and information gathering. It is not the model for trading and issuing invoices in its own name. If you will trade, consider a company or a branch.
Do foreign company documents need an apostille?
For corporate shareholders, a certificate of incumbency and registry extract are usually apostilled or consularised and enter the file with a sworn translation. Practice can vary by country, so the list is closed before filing.
Can a foreign-owned company use investment incentives?
A company formed as foreign direct investment has the status of a Turkish company, and incentive programmes consider it on the same conditions as a local investor. Eligibility depends on the project and the incentive rules.
What is a potential tax number for?
It is a temporary tax identity used for the bank and some filings before incorporation is complete. The permanent tax registration is opened at the tax office after registration.
Which decision does the consultancy not make?
Registration, work permits, residence and citizenship are decided by the trade registry, the Ministry of Labour and Social Security and the Migration Authority. We prepare the file in the form those bodies ask for.

Leave a consultation request for your formation or permit file.

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