How to Start a Business in Turkey

The Turkish government issues laws which are very comfortable to foreign investment. There are many government programs for the development of small and medium enterprises, and the use of these programs not only locally owned firms, but also foreigners. Today in Turkey there are more than 15,000 companies with foreign capital. Here there are great companies of the world market: the Toyota, Honda, Ford America, P & G, Philip Morris, the French Renault, cement Francaise, German Bosch, Mercedes, Siemens, Italian Pirelli, Fiat and other Japanese.
Moreover, while opening business abroad get the same rights, privileges and subsidies as a Turkish counterpart: just remember that the responsibility is the same as that of a Turkish citizen.
To open a Company Ltd at least one foreign national is required, registration lasts for approximately 2 weeks:
1. 2-3 days are needed for the collection of primary documents translation of documents from an authorized translator, a notary, obtaining a certificate of registration of a foreign citizen in the place of residence.
2. 2-3 days LTD Registration at the Chamber of Commerce.
3. Within eight days the response of the Registrar of Trade after application with the required documentation arrives.
Types of businesses:
stock companies, such as: (. Ltd. Sti) • Joint Stock Company (A.Ş.) • Limited Liability Company • • • commandite joint venture company Sociedad Cooperativa


Anonymous society
the share capital of the company is divided into shares, the liability of members is limited to the paid-in capital to shareholders. At least one shareholder (natural or legal person) and a minimum capital of 50,000 Turkish liras are required. A prerequisite for the company is the general meeting and the board of directors.
Limited liability company
This is a company in which there is at least one shareholder (natural or legal person) and the liability of shareholders is limited to the subscribed and paid shareholders capital. minimum capital of 10,000 YTL is imperative.
limited company
This is a company organized for the implementation of business management under the brand name. Responsibility for certain shareholders is defined as a dedicated and pays its share of the capital, and some shareholders limitation of liability is provided. It requires minimal capital. Rights and obligations of shareholders are determined by the statutes.
The partnership
This is a company organized for the implementation of business management under the brand name, and the responsibility of all shareholders is not limited only by the size and dedicated to its capital stock. It requires minimal capital. All shareholders must be individuals. Rights and obligations of shareholders are determined by the statutes. Procedures for the establishment of the company
You need to prepare three copies of the notarized articles of the company (the original copy). No later than 15 days after the company Notarized letter must submit an application to the appropriate representation of the Registrar with such further document set.