Turkey Company Formations - Limited Sirket (LS)

Our standard Turkey Company incorporation package includes all necessary documents to get your company up and running.

Turkey LS Company Formation

Company Incorporation: Limited Sirket (LS)

Our Complete Incorporation Service includes

File the incorporation notice at the Trade Registry Office

We will submit the incorporation notice form, commitment letter and chamber registration statement to the Trade Registry Office. For each individual shareholder who is not a Turkish citizen a copy of the shareholder’s passport is notarised by a Turkish notary.

Require for the Trade Registry Office:

The Commercial Registry Office will notify the Tax Office and District Employment Office regarding the company incorporation. The Registry arranges for an announcement in the Commercial Registration Gazette within 10 days of company registration.

The accountant will apply for the tax identification plaque from the local tax office and a social security number from the relevant Social Security Administration office. Two months accountancy service are included in our service to enable Tax Registration.

Turkey Company Name

We check that your company name is acceptable and is not already incorporated with the Turkish Companies Registry.

Registered Office

Your Turkish company must have a registered office, which must be a physical address in Turkey. The registered office is where documents may be legally served on the company. We provide this registered office service in Turkey.

Company Directors and Shareholders

To start the incorporation of your Turkish company we initially only require the proposed company name, details of the company directors, details of the shareholders and the proposed activities.

Turkish LS Company Incorporation

Company establishment procedures in Turkey have recently been simplified to a great extent, eliminating unnecessary procedures for both local and foreign investors.

A Private Limited Company - Limitet Þirket - Ltd. Sti. - is the most common form of business entity in Turkey and can be incorporated in 10 days with only one director and a single shareholder.

Company Name

The trade name of the company has to be determined in accordance with Article 45 of TCC so as to indicate the business activity of the company.

The presence of foreign words in the trade name of a company may be permitted in cases where these words do not contradict the law or national, cultural and historical benefits.

Share Capital

Once the company is established legally, the share capital should be transferred to a Bank in Turkey. The minimum share capital is TL 5000 (€1,700). Capital amounts to be put in by shareholders should be TL 25 or multiples thereof.

25% of the initial capital must be deposited within 3 months of company incorporation and the remaining balance of the subscribed capital must be paid within 3 years of incorporation.

Directors / Shareholders

In case the director or shareholder is an individual we require:

In case the shareholder is a corporation we require:

The Articles of Association relating to the company will be prepared and notarised by us.

Registration Requirements

We will submit the following documents to the Trade Registry Office (Türkiye Ticaret Sicili):

Registration to Tax Office

Turkish regulations require an office space for the company. Accordingly you either need to obtain an office lease contract yourself or use our services. This office address should be registered with the tax office on the same day or before the registration date. A tax registration number is received and legal books are certified by a Public Notary.

The rent contract certified by the Notary Public as well as the notarised Circular of Signatory will be submitted to the related Tax Office.

Two months Accountancy service are included in our service to enable Tax Registration.

Incorporation Procedure

We will carry out:

The company can start to operate its business upon approval and registration at the Trade Registry.

Turkey Company Formations

We can incorporate your Turkey company, according to your specifications, please complete our enquiry form below:

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Alternatively contact us by telephone on +44 1372 750809