Limited Company Establishment Costs
Setting up a limited liability company is an exciting step for entrepreneurs. However, one of the important factors that you need to consider in this process is the costs of incorporation. Limited company establishment costs are an important factor for the successful operation of your business. In this article, we will explain the limited liability company establishment costs for 2023 and discuss what you should pay attention to when planning your needs.
Commercial Register Registration Fees:
One of the primary expenses when setting up your limited liability company is the Business Registry registration fees. You have to pay a certain fee to apply to the Commercial Registry and register your company. This fee may vary depending on the amount of capital of the company and the institution involved. In this regard, the capital figure and the diversity of your activities are important issues. When you multiply your capital figure by 4 and divide it by 10,000, the figure you will find refers to the share of the competition authority, you have to pay it directly to the chamber of commerce before establishing the company. Apart from that, the more activities you have, the more details will be required to be included in your articles of association. This will change the fee per word, and you will also have to pay the fee directly to the trading room.
Notary Fees:
In the establishment of a limited liability company, notary costs are also a cost factor that you need to consider. After your company is established, you need to provide a signature circular and general accounting power of attorney. The fees here will vary according to the number of proxies, depending on whether the transaction to be made at the notary public is made with or without an interpreter.
Tax Office Procedures:
In the establishment of a limited liability company, you must apply to the tax office and make the necessary tax registration. You will not be charged any fees at the tax office, but you will have to pay stamp duty for the lease contract you signed when you established the company and for the financial advisor contract. Depending on whether the contracts are with or without a guarantor, stamp duty figures will vary.
Trade Registry Gazette Advertisement Fees:
After establishing your limited liability company, the relevant documents must be announced in the Turkish Trade Registry Gazette. You have to pay a certain fee for this posting process. The advertisement fee may vary depending on the tariffs determined by the newspaper and the size of the advertisement.
Professional Consulting Services:
In the process of establishing a limited liability company, it is important to apply for professional consultancy services. The guidance of experts ensures that the operations are carried out correctly and helps you avoid potential problems. We offer free consultancy services regarding the establishment of a limited liability company specifically for our prospective customers. We will be happy to help you take the right steps and fulfill the requirements.
You may also want to look at these: Sole proprietorship establishment, limited liability company establishment, joint stock company establishment costs and conditions.
