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How to Register Your Business in Turkey

Turkey’s strategic location at the crossroads of Europe, the CIS, the Middle East, and North Africa, along with the country’s existing potential, the increase in per capita income, and its large, young, and growing population have positively impacted the development of the business services sector in Turkey. Turkey has significant experience in a wide range of business service lines, such as engineering and architectural consulting, technical testing, and call centers. The country also boasts expertise in knowledge-based services, such as auditing and accounting, legal advisory, and consulting.

The number of companies in Turkey with foreign capital has quintupled in the last decade, from 11,700 in 2005 to 58,422 in 2017. This increase, together with the improved business environment, has resulted in the growth of various business services in Turkey.

International treaties, the FDI Law, and the Regulation on the Implementation of the FDI Law are the main legal sources governing foreign direct investment in Turkey. The FDI Law, which entered into force on 17 July 2003, has brought extensive changes in favor of foreign investors and liberated the foreign investment climate by, in particular, abolishing the approval system and introducing a more liberal system based on the principles of equal treatment and the free expatriation of proceeds. Increase of share capital and change in the scope of activity or shareholding structures were also subject to the prior written consent of the Undersecreteriat of the Treasury.

Required Documents for Business Registration

Request for obtaining a commercial register, which is available at the commercial registry office,

A copy of the tax card or a document proving the opening of a tax file.

A copy of a valid personal or family national ID card for the owner of the facility and their partners, if any.

A notarized lease contract by the real estate registry with the date or title deed of the real estate for the building the company is established and operates.

A notification from an established Electricity Company stating that proper equipment and connections have been installed.

Criminal status sheet (criminal file from the Ministry of Internal Affairs).
A paid application from the Chamber of Commerce to obtain a certificate to practice the profession.

A copy of an official power of attorney.

A copy of the company contract.