{"id":12549,"date":"2026-10-08T22:00:00","date_gmt":"2026-10-08T18:30:00","guid":{"rendered":"https:\/\/sayainternational.com\/en\/?p=12549"},"modified":"2026-10-07T21:28:23","modified_gmt":"2026-10-07T17:58:23","slug":"start-a-company-in-turkey","status":"publish","type":"post","link":"https:\/\/sayainternational.com\/en\/start-a-company-in-turkey\/","title":{"rendered":"How to Start a Company in Turkey as a Foreigner (2027 Guide)"},"content":{"rendered":"<p>Turkey allows foreigners to own 100% of a company, and registration is relatively fast. Whether you want to trade, run an online business, open a branch of your existing company or build a base for living in Turkey, the right structure matters. This guide explains how to <strong>start a company in Turkey<\/strong> as a foreigner in 2027.<\/p>\n<div style=\"background:#FFF8E8;border:1px solid #E9CF95;border-left:5px solid #D4A64A;border-radius:12px;padding:16px 20px;margin:22px 0;\"><strong>At a glance:<\/strong> 100% foreign ownership allowed \u2022 Most common types: limited company (LTD \/ Limited \u015eirket) and joint stock company (A.\u015e. \/ Anonim \u015eirket) \u2022 Minimum capital: TRY 50,000 for LTD and TRY 250,000 for A.\u015e. (subject to change) \u2022 Registration through the trade registry and tax office.<\/div>\n<h2>LTD or A.\u015e.: Which Should You Choose?<\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:18px 0;font-size:15px\">\n<thead>\n<tr style=\"background:#0B1F3A;color:#fff\">\n<th style=\"padding:10px;text-align:left\"><\/th>\n<th style=\"padding:10px;text-align:left\">Limited company (LTD)<\/th>\n<th style=\"padding:10px;text-align:left\">Joint stock company (A.\u015e.)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"padding:10px;border-bottom:1px solid #e5e7ef\">Best for<\/td>\n<td style=\"padding:10px;border-bottom:1px solid #e5e7ef\">Small and medium businesses<\/td>\n<td style=\"padding:10px;border-bottom:1px solid #e5e7ef\">Larger businesses, investors, future share sales<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:10px;border-bottom:1px solid #e5e7ef\">Minimum capital<\/td>\n<td style=\"padding:10px;border-bottom:1px solid #e5e7ef\">TRY 50,000<\/td>\n<td style=\"padding:10px;border-bottom:1px solid #e5e7ef\">TRY 250,000<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:10px;border-bottom:1px solid #e5e7ef\">Shareholders<\/td>\n<td style=\"padding:10px;border-bottom:1px solid #e5e7ef\">1 or more<\/td>\n<td style=\"padding:10px;border-bottom:1px solid #e5e7ef\">1 or more<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:10px;border-bottom:1px solid #e5e7ef\">Share transfers<\/td>\n<td style=\"padding:10px;border-bottom:1px solid #e5e7ef\">Notarised, more formal<\/td>\n<td style=\"padding:10px;border-bottom:1px solid #e5e7ef\">More flexible<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:10px;border-bottom:1px solid #e5e7ef\">Management<\/td>\n<td style=\"padding:10px;border-bottom:1px solid #e5e7ef\">Board of managers<\/td>\n<td style=\"padding:10px;border-bottom:1px solid #e5e7ef\">Board of directors<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"font-size:14px;color:#5b6280\">Capital thresholds are set by regulation and can be updated; confirm the current figures.<\/p>\n<figure style=\"margin:26px 0\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-12708\" src=\"https:\/\/sayainternational.com\/en\/wp-content\/uploads\/2026\/10\/start-a-company-in-turkey-photo.webp\" alt=\"Levent business district in Istanbul\" width=\"1200\" height=\"675\" loading=\"lazy\" style=\"width:100%;height:auto;border-radius:14px\" srcset=\"https:\/\/sayainternational.com\/en\/wp-content\/uploads\/2026\/10\/start-a-company-in-turkey-photo.webp 1200w, https:\/\/sayainternational.com\/en\/wp-content\/uploads\/2026\/10\/start-a-company-in-turkey-photo-300x169.webp 300w, https:\/\/sayainternational.com\/en\/wp-content\/uploads\/2026\/10\/start-a-company-in-turkey-photo-1024x576.webp 1024w, https:\/\/sayainternational.com\/en\/wp-content\/uploads\/2026\/10\/start-a-company-in-turkey-photo-768x432.webp 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption style=\"font-size:13px;color:#5b6280;text-align:center;margin-top:6px\">Istanbul is the main business hub for foreign-owned companies in Turkey.<\/figcaption><\/figure>\n<h2>Step-by-Step Registration<\/h2>\n<ol>\n<li><strong>Choose the company type, name and business activities.<\/strong><\/li>\n<li><strong>Get Turkish tax numbers<\/strong> for foreign shareholders and directors.<\/li>\n<li><strong>Prepare documents:<\/strong> notarised and translated passport copies (or apostilled corporate documents for company shareholders).<\/li>\n<li><strong>Draft the articles of association<\/strong> and submit them through the online trade registry system.<\/li>\n<li><strong>Deposit capital<\/strong> where required (for an A.\u015e., part of the capital before registration).<\/li>\n<li><strong>Register with the trade registry and chamber of commerce.<\/strong><\/li>\n<li><strong>Complete tax registration<\/strong>, including the tax office check of your business address.<\/li>\n<li><strong>Notarise the company books<\/strong>, open a corporate bank account and appoint an accountant.<\/li>\n<\/ol>\n<div style=\"background:#EEF6FF;border:1px solid #C9DDF5;border-radius:12px;padding:16px 20px;margin:22px 0;\"><strong>Tip:<\/strong> every Turkish company needs a registered business address and an accountant for monthly tax filings. Budget for these from day one.<\/div>\n<h2>Residence and Work Permits for Owners<\/h2>\n<p>Owning a company does not automatically give you the right to live or work in Turkey. Foreign shareholders who actively work in the company usually need a work permit, and the company may need to meet conditions such as minimum capital or turnover and employing Turkish citizens. Read our <a href=\"https:\/\/sayainternational.com\/en\/turkey-work-permit\/\">work permit in Turkey<\/a> guide. Founders of innovative projects can also look at our <a href=\"https:\/\/sayainternational.com\/en\/startup-visa-countries\/\">startup visa countries<\/a> guide.<\/p>\n<div style=\"background:linear-gradient(135deg,#0B1F3A,#163E70);color:#fff;border-radius:16px;padding:24px 26px;margin:30px 0;\">\n<p style=\"font-size:20px;font-weight:700;color:#F2C66D;margin:0 0 8px;\">Starting a business in Turkey?<\/p>\n<p style=\"color:#fff;margin:0 0 10px;\">Saya Group works with licensed accountants and lawyers to set up your company, open bank accounts and plan your residence and work permits.<\/p>\n<p><a style=\"display:inline-block;background:#D4A64A;color:#0B1F3A;font-weight:700;padding:11px 22px;border-radius:30px;text-decoration:none;margin-top:8px;\" href=\"https:\/\/sayainternational.com\/en\/startup-migration\/\">See Startup Migration<\/a><\/div>\n<h2>Ongoing Costs<\/h2>\n<ul>\n<li>Monthly accounting and tax filings.<\/li>\n<li>Office or registered address.<\/li>\n<li>Social security contributions for employees.<\/li>\n<li>Annual fees and chamber of commerce dues.<\/li>\n<\/ul>\n<h2>Sectors Popular With Foreign Founders<\/h2>\n<ul>\n<li>Import, export and international trade.<\/li>\n<li>E-commerce and software.<\/li>\n<li>Tourism, real estate services and consulting.<\/li>\n<li>Food and hospitality.<\/li>\n<\/ul>\n<p>Some sectors require additional licences (for example tourism agencies, financial services or healthcare). Check licensing before you register.<\/p>\n<h2>Tax Basics<\/h2>\n<p>Turkish companies pay corporate income tax and collect VAT on most sales, and must file regular returns through an accountant. Dividends paid to shareholders are subject to withholding tax, which may be reduced under a double tax treaty with your home country.<\/p>\n<h2>Branch, Liaison Office or New Company?<\/h2>\n<p>If you already own a business abroad, setting up a new Turkish company is not your only option. The right structure depends on whether you want to earn revenue in Turkey and how much liability you want the parent company to carry.<\/p>\n<ul>\n<li><strong>New subsidiary (LTD or A.\u015e.):<\/strong> A separate Turkish legal entity that can trade freely, hire staff and invoice customers. Liability is generally limited to the company&#8217;s assets. This is the most flexible choice for most investors.<\/li>\n<li><strong>Branch office:<\/strong> Registered in Turkey but not a separate legal entity, so the foreign parent company remains responsible for its obligations. It can carry out commercial activity in line with the parent&#8217;s business.<\/li>\n<li><strong>Liaison office:<\/strong> Used for market research, promotion or coordination. It cannot carry out commercial, revenue-generating activity and requires permission from the relevant ministry.<\/li>\n<\/ul>\n<p>Discuss these options with a Turkish lawyer and accountant, because the choice affects tax, liability and how you can obtain work permits for foreign staff.<\/p>\n<h2>Opening a Corporate Bank Account<\/h2>\n<p>For many founders, the bank account takes longer than registering the company itself. Turkish banks run detailed compliance checks on companies with foreign shareholders. Expect to provide the trade registry gazette, articles of association, signature circular, tax certificate, shareholder and director passports, and proof of address. Banks also ask who the ultimate beneficial owners are and where the capital comes from, so keep clear records of the transfer of funds into Turkey.<\/p>\n<p>Requirements differ from bank to bank and can change, and some banks ask directors to attend in person. Approaching more than one bank, and going with your accountant or lawyer, can save time. Keep company and personal money strictly separate from the first day.<\/p>\n<h2>Common Mistakes Foreign Founders Make<\/h2>\n<ul>\n<li><strong>Choosing the wrong activity codes.<\/strong> Your registered business activities affect licences, tax and permit assessments, so define them carefully.<\/li>\n<li><strong>Assuming the company gives residence.<\/strong> Owning a company in Turkey does not by itself grant a residence or work permit.<\/li>\n<li><strong>Underestimating compliance.<\/strong> Monthly tax filings, social security declarations and electronic invoicing obligations require a reliable accountant.<\/li>\n<li><strong>Using an unsuitable address.<\/strong> The tax office checks the registered address, and some permits look for evidence of real business activity.<\/li>\n<li><strong>Forgetting exit costs.<\/strong> Closing a company involves a formal liquidation that takes time and fees, so plan your structure with the long term in mind.<\/li>\n<\/ul>\n<h2>Hiring Your First Employees<\/h2>\n<p>Once your company is registered, hiring staff brings its own obligations. Every employee must be registered with the Social Security Institution (SGK) before they start work, and you must pay at least the legal minimum wage, withhold income tax and pay social security contributions each month. Written employment contracts, clear job descriptions and proper payroll records protect both you and your team.<\/p>\n<p>Hiring local staff also matters if you plan to bring in foreign employees, including yourself as an active owner. Work permit assessments commonly look at how many Turkish citizens the company employs and at its capital or turnover. Planning your first hires with these criteria in mind can make later permit applications much smoother. A good payroll provider or accountant will keep you up to date as contribution rates and the minimum wage change.<\/p>\n<h2>Is Starting a Company in Turkey Right for You?<\/h2>\n<p>A Turkish company can be a good fit if you want to trade with Turkey and nearby markets, hire local talent at competitive cost, or build a long-term base in Istanbul. It is less suitable if you only need a residence permit without running an active business, as other routes may be simpler. If residence is your main goal, compare options such as <a href=\"https:\/\/sayainternational.com\/en\/immigration-through-investment\/\">immigration through investment<\/a>. Company and tax rules, as well as capital thresholds, change regularly, so confirm the current requirements with official sources or licensed professionals before you start a company in Turkey.<\/p>\n<h2>Frequently Asked Questions<\/h2>\n<h3>How long does it take to open a company in Turkey?<\/h3>\n<p>With documents ready, registration can often be completed in a few days to a couple of weeks.<\/p>\n<h3>Do I need to be in Turkey to register a company?<\/h3>\n<p>Not always; a notarised power of attorney lets a representative complete most steps.<\/p>\n<h3>Can I get residency through my company?<\/h3>\n<p>Company ownership alone is not enough. Most owners obtain a work permit, which also serves as a residence permit.<\/p>\n<h3>Can a foreigner be the only shareholder and manager?<\/h3>\n<p>Yes. Both LTD and A.\u015e. companies can have a single shareholder, and a foreign national can own 100% of the shares and be appointed as manager or director, subject to the usual registration documents.<\/p>\n<h3>Can I use a virtual office as my registered address?<\/h3>\n<p>Many small companies use shared or virtual offices, but the tax office must be able to verify the address, and permit assessments may look for real activity. Check with your accountant before signing.<\/p>\n<h3>Can investing in my Turkish company lead to citizenship?<\/h3>\n<p>Possibly. One route to <a href=\"https:\/\/sayainternational.com\/en\/turkish-citizenship-by-investment\/\">Turkish citizenship by investment<\/a> involves a capital investment of at least $500,000 held for three years, approved by the relevant authority. Strict conditions apply, so take legal advice first.<\/p>\n<div style=\"background:#F4F6FB;border:1px solid #E3E7F2;border-radius:14px;padding:18px 22px;margin:30px 0\">\n<p style=\"font-weight:700;margin:0 0 8px;color:#0B1F3A\">Related guides<\/p>\n<ul style=\"margin:0;padding-left:20px\">\n<li><a href=\"https:\/\/sayainternational.com\/en\/moving-to-turkey-checklist\/\">Moving to Turkey: The Checklist<\/a><\/li>\n<li><a href=\"https:\/\/sayainternational.com\/en\/buying-property-in-turkey\/\">Buying Property in Turkey<\/a><\/li>\n<li><a href=\"https:\/\/sayainternational.com\/en\/health-tourism-in-turkey\/\">Health Tourism in Turkey<\/a><\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A step-by-step guide for foreigners starting a company in Turkey: choosing between LTD and A.\u015e., minimum capital, registration, tax and banking, and residence and work permits.<\/p>\n","protected":false},"author":2,"featured_media":12707,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-12549","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category----fa"],"_links":{"self":[{"href":"https:\/\/sayainternational.com\/en\/wp-json\/wp\/v2\/posts\/12549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sayainternational.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sayainternational.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sayainternational.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sayainternational.com\/en\/wp-json\/wp\/v2\/comments?post=12549"}],"version-history":[{"count":5,"href":"https:\/\/sayainternational.com\/en\/wp-json\/wp\/v2\/posts\/12549\/revisions"}],"predecessor-version":[{"id":12927,"href":"https:\/\/sayainternational.com\/en\/wp-json\/wp\/v2\/posts\/12549\/revisions\/12927"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sayainternational.com\/en\/wp-json\/wp\/v2\/media\/12707"}],"wp:attachment":[{"href":"https:\/\/sayainternational.com\/en\/wp-json\/wp\/v2\/media?parent=12549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sayainternational.com\/en\/wp-json\/wp\/v2\/categories?post=12549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sayainternational.com\/en\/wp-json\/wp\/v2\/tags?post=12549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}