Company Establishment
ESTABLISHMENT OF A COMPANY WITH FOREIGN CAPITAL
How to establish a company with foreign capital in Turkey? Is residence permit required to establish a company with foreign capital? How can companies in foreign countries a liaison bureau in Turkey? How to open a branch? How to make partnership transactions in companies with foreign capital?
Establishment of a New Company with Foreign Capital
In Turkey, according to Turkish Commercial Code, any company establishment is free. Foreign nationals can also be in commercial activity by establishing Limited company or Incorporated company in Turkey. It is also possible to be in commercial activity with the obligation of the individual. They may transfer their earnings abroad provided that the taxes have been paid.
Turkish and foreign personnel can be employed. It is compulsory to obtain a work permit for foreign personnel to be employed.
If the company owner obtains a work permit in Turkey or if the authorized director is a foreign national, there are important points to be considered during the establishment of the company.
The files related to the establishment of companies with foreign capital are prepared by our expert team, the processes are followed and finalized.
You can get consultancy service from our expert team before the establishment of the company.
Opening Branch Office in Turkey
If the companies established in foreign countries want to be active in Turkey, they can open branches. In turkey, they can do all the activities that the parent company does. There is no legal obstacle to this.
- They can establish factories, invest in real estate, open tourism facilities and so on.
- They may transfer their earnings abroad provided that the taxes have been paid.
- Turkish and foreign personnel can be employed. It is compulsory to obtain a work permit for foreign personnel to be employed.
- The flies related to the branch openings of the foreign companies are prepared by our expert team, the processes are followed and finalized.
- You can get consultancy service from our expert team before the opening of the branch.
- Transfer of Shares in Companies and Foreign Partnership Transactions
According to the Turkish Commercial Law, foreign persons or companies with foreign capital may be co-shareholders to the Limited companies or incorporated companies established in Turkey. They can be active under the article of the company which they have a partnership. They may transfer their earnings abroad provided that the taxes have been paid.
If the partner of the company obtains a work permit in Turkey or if the authorized director is a foreign national, there are important points to be considered during the share transfer or partnership.
The files related to the partnership or share transfer of foreign national persons or companies with foreign capital to the Limited or Incorporated companies established in Turkey are prepared by our expert team, the processes are followed and finalized.
You can get consultancy from our expert team before the partnership or transfer share.