- Determination of Company Type
The first step is to determine the type of company to set up. Common types of companies in Turkey include joint stock company (A.Ş.), limited liability company (L.T.D.) and sole proprietorship. The type of company is important in terms of legal requirements and responsibilities.
- Preparation of the Articles of Association
The articles of association are one of the basic documents required for the establishment of the company. It includes information such as the company’s name, purpose, field of activity, capital structure, and the rights and responsibilities of the partners. It must be prepared as notarized.
- Trade Registry Registration
In order for the company to be officially established, it must be registered in the trade registry. This registration process is carried out at the Trade Registry Office and an announcement is made in the trade registry gazette.
- Tax Office Registration
In order for the company to become a taxpayer, it must be registered with the tax office. By obtaining a tax plate, it is ensured that the company starts its activities. Today, after the registration of the Chamber of Commerce is completed, the Chamber of Commerce notifies the tax office of the information about your company and your tax plate is prepared by the tax office.
- SSI Registration
If a staff member is desired to be employed at the time the company is opened, it is necessary to notify this through the MERSIS application at the establishment stage. If an opening is required later, a separate application must be made through the e-government application of the authorized signatory in the company.
- Municipal and Other Permits
Depending on the sector in which the company will operate, it is necessary to obtain the necessary permits from the municipality and other official institutions. Special permits and licenses may be required, especially in some sectors.
- Opening a Bank Account
A bank account must be opened to deposit the company’s capital and carry out financial transactions. The bank account is used to manage the day-to-day financial operations of the company. In addition, transactions of 7000 TL or more are required by law to be made through intermediary financial institutions such as banks.
