- Business Idea and Plan Development
The first step is to identify your business idea and create a detailed business plan. Your business plan should include your business goals, market analysis, financial projections, and operational strategies.
- Choice of Legal Structure
It is important to choose the type of company. The most common types of companies in Turkey are joint stock companies (A.Ş.) and limited liability companies (L.T.D.) is. It is important in terms of legal structure, taxation and responsibilities.
- Company Name and Address
You need to determine the name of your company and obtain an official address. Make sure your company name is unique and descriptive.
- Preparation of the Articles of Association
The articles of incorporation are one of the company’s incorporation documents and must be notarized. It includes details such as the purpose and activity of the company, its capital structure, and the rights and responsibilities of the partners.
- Trade Registry Registration
In order for your company to be officially established, it must be registered in the trade registry. This registration process is carried out at the Istanbul Chamber of Commerce.
- Tax Office Registration
In order for your company to become a taxpayer, it must be registered with the tax office. At this stage, the tax plate is taken.
- Social Security Institution (SSI) Registration
You must register with SSI for the personnel who will work in your company. This process is mandatory for employees to benefit from social security rights.
- Opening a Bank Account
To deposit your company’s capital and carry out financial transactions, you need to open a bank account.
- Licenses and Permits
Depending on the industry in which you will operate, you may need to obtain the necessary licenses and permits. Especially in some sectors, it is mandatory to obtain permission from the municipality or other official institutions.
