Have you examined our founder Dr. Soner Altaş’s book, “Joint-Stock Company Law“?
How to Establish a Company in Turkiye : Complete 2026 Guide
🧩 Turkish Company Formation For Foreign Investors (2026 Guide) – Aliens (residents and citizens of other countries) can establish a company in Turkiye by choosing a company type (usually a Limited Liability Company), preparing articles of association, registering through MERSIS, notarizing documents, depositing capital, and completing Trade Registry registration. The process typically takes 1-2 days if documents are properly prepared.
🎯 Turkiye has become a strategic hub for international business thanks to its dynamic economy, strategic location, and investor-friendly regulations. If you are considering expanding into emerging markets, understanding the company establishment process in Turkiye is essential.
📌 Can Foreigners Open a Company in Turkiye?
Yes. aliens have the same rights as local investors under Turkish law. There are no restrictions on ownership, meaning a foreigner can own 100% of a company.
🏢 Most Preferred Types of Companies in Turkiye
Foreigners typically choose:
1.Limited Liability Company (LLC)
- Most preferred structure
- Minimum capital: 50,000 TRY
- Suitable for SMEs
2.Joint Stock Company (JSC)
- Required for larger investments
- Minimum capital: 250,000 TRY
⚙️ Step-by-Step Company Establishment Process in Turkiye
- Choose Company Type and Name
Select a unique company name and legal structure.
- Prepare Articles of Association
Drafted electronically via the MERSIS system.
- Obtain Tax Number
Foreign shareholders must obtain a Turkish tax ID.
- Open a Bank Account
Deposit the required capital.
- Notarization of Documents
Signatures and documents must be notarized.
- Trade Registry Registration
Register the company officially.
- Social Security & Tax Office Registration
Complete legal obligations to operate.
⏱️ How Long Does It Take?
Company establishment in Turkiye typically takes:
- 1-2 business days (with proper documentation)
💰 Cost of Company Establishment in Turkiye
Estimated costs include:
- Registration fees
- Notary fees
- Translation costs
- Consultancy fees
👉 Total estimated range: $500 – $2,000 depending on structure and services.
📊 Advantages for Foreigners
- Strategic location between Europe & Asia
- Customs Union with EU
- Young and skilled workforce
- Tax incentives in certain sectors
- Equal treatment with local investors
⚠️ Key Legal Requirements
- At least one shareholder
- Registered office address in Turkiye
- Local accountant required
- Compliance with Turkish Commercial Code
❓ FAQ
- Can a foreigner fully own a company in Turkiye?
Yes, aliens can own 100% of a company without needing a local partner.
- What is the easiest company type in Turkiye?
The Limited Liability Company (LLC) is the easiest and most commonly preferred structure.
- Do I need to be in Turkiye to open a company?
No, you can authorize a lawyer via power of attorney to complete the process remotely.
- Is there a minimum capital requirement?
Yes. 50,000 TRY for LLC and 250,000 TRY for Joint Stock Company.
- Do I need a Turkish partner?
No, Turkish law allows full foreign ownership.
- Is Turkiye good for foreign investment?
Yes, due to its location, incentives, and growing economy.
🧲 Work With Experts
Looking to establish your company in Turkiye?
Work with experienced legal consultants to ensure a smooth and compliant setup process.
Turkish company formation for foreign investors is very easy, fast and cost-effective. Please feel free to contact us on any business issue and our services, With over 25 years of expertise, knowledge, and experience in Business Law, we are here to help you. Additionally, you can explore the books of our Founder, Dr. Soner Altaş, in the field of Commercial Law, or take a closer look at Tacirsoft Legal Information System — Turkiye’s first and only legal database dedicated to Turkish Corporate Law and Organized Industrial Zones Law.