Do you want to establish a business in Turkey as a foreigner? At ER&GUN&ER Law Firm, we provide comprehensive legal assistance for foreign investors and entrepreneurs looking to set up a company in Turkey. Our English-speaking Turkish lawyers help you through each stage — from company type selection and registration to tax number issuance and residency planning.
Why Establish a Company in Turkey?
Turkey is a strategic hub between Europe and Asia, offering access to international markets, favorable tax regimes, and strong government incentives for foreign investors. Foreigners can establish 100% foreign-owned companies without local partners.
Types of Companies in Turkey
- Limited Liability Company (LTD): Most common structure. Requires 1–50 shareholders and a minimum capital of 10,000 TRY.
- Joint Stock Company (A.Ş.): Preferred for large-scale or publicly traded businesses. Requires a minimum capital of 50,000 TRY.
- Branch Office: Extension of a foreign company operating under Turkish Commercial Law.
- Liaison Office: Cannot engage in commercial activity, used for representation and market research.
Our Legal Services for Company Formation
- Choosing the right company type and legal structure
- Drafting and notarization of articles of association
- Company registration with the Trade Registry
- Obtaining potential tax number and MERSIS number
- Opening corporate bank accounts and capital deposit guidance
- Address registration and rental contract review
- Application for residence permits and work permits for shareholders
- Ongoing legal consultancy for operations, contracts, and compliance
Post-Incorporation Services
- Customs registration and E-TUYS notifications
- Employment contracts and social security registration
- Legal consultancy for VAT, invoicing, and trade operations
- Amendments, share transfers, and liquidation procedures
Supporting Legal Services
- Residence Permit in Turkey
- Turkey Work Permit
- Citizenship for Investors
- Office Leasing Legal Support
Frequently Asked Questions (FAQ)
Can a foreigner establish a company in Turkey?
Yes. Foreign individuals can fully own a company in Turkey without requiring Turkish partners.
What is the best company type for small businesses?
Limited Liability Company (LTD) is ideal for SMEs and startups due to low capital requirements and flexible structure.
How long does the company registration process take?
On average, 3 to 7 business days. Our firm expedites the process through pre-prepared documentation.
Do I need a residence permit to open a company?
No. However, you will need a residence or work permit if you want to act as director or receive a salary.
Can I apply for Turkish citizenship through company investment?
Yes. If your investment meets the minimum threshold (e.g. capital, employment), you may qualify under the Citizenship by Investment program.
Is there a minimum number of employees I must hire?
No obligation initially. However, to sponsor work permits, the company must employ 5 Turkish citizens per foreigner.
Can I get tax incentives as a foreign company owner?
Yes. Turkey offers regional, R&D, and export-based incentives to local and foreign investors.
