How to Register a Company in Turkey: The 5 Key Stages
Thinking about company registration in Turkey ? While the process involves specific legal steps, it can be broken down into five main stages when managed correctly. Here’s a quick overview for foreign investors: Stage 1: Strategy & Structure. The crucial first step is deciding between a Limited Liability Company (LLC) and a Joint-Stock Company (JSC) based on your capital, liability needs, and business plan. Stage 2: Documentation & MERSİS. This involves drafting the core legal document (Articles of Association) and submitting it via Turkey's online MERSİS system. Stage 3: Notarization & Capital. Key documents are notarized, and for JSCs, a portion of the capital is deposited into a bank account. Stage 4: Trade Registry Filing. All documents are submitted to the local Trade Registry Office for final approval and official incorporation. Stage 5: Post-Formation Activation. After registration, you must register with the tax office and Social Security (SGK) to become ...