how to establish a company in turkey
DESCRIPTION
www.companyformationturkey.com is a part of BridgeWest team which is situated in Turkey. CompanyFormationTurkey provides all necessary information regarding how to set up a company in Turkey. www.bridgewest.eu is an international company wich provides services in company registration throughout the Europe and offshore jurisdictions. Our specialized team will help clients with all required information regarding how to establish a company in Europe.TRANSCRIPT
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How to start up a business in Turkey
A presentation brought to you by Bridgewest
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Types of companies in Turkey• Limited Liability Company
• Joint Stock Company
• Partnership
• General Commercial Partnership
• Limited Commercial Partnership
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Limited Liability Company
• This company can be established by at least one person
• The minimum share capital for this company is 10.000 YTL
• ¼ of minimum share capital must be deposited upon the registration of the company
• This company cannot release stock certificates
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Joint Stock Company
• This company can be established by at least five persons
• The minimum share capital of 50.000 YTL is required to establish this company
• This type of company can provide stock certificates
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Partnership • This company can be formed by at least two
persons, but the partners must sign an agreement
• The partners have the same rights and obligations in this company
• The company do not require the minimum share capital to de registered
• The company does not have any legal entity
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General Commercial Partnership
• This type of company has a legal entity
• This company can be formed by at least two partners
• The company should have one limited partner and one general
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Steps for company formation in Turkey
• Providing the company denomination
• Providing a set of identification documents
• Drafting the registration documents
• Opening a bank account
• Submitting the company registration documents at the Commercial Registry Office in Turkey
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Necessary documentation and information
• providing utility bills as proof of address
• providing passport copies of the shareholders and directors
• setting-up a bank account for the injection of the share capital
• submitting the company registration file at the Commercial Registry Office in Turkey
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Requirements for Company Formation in Turkey
• Any person of any nationality or residence can be a shareholder in a Turkish company
• The company can have one director
• The company must hold a local registered office
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Services Provided for Company Formation in Turkey
• drafting the Articles of Association
• offering a Registered Office in Turkey
• setting up a share capital bank account
• recommending a Turkish accountant
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Thank you for your attention
Please contact us for more information at
www.companyformationturkey.com
Ph./Fax: (+44)203-287 0408