Business Setup

Business Setup in Turkey

Nowadays, businesses are no longer exclusive to domestic markets, as they operate on an increasingly global scale. The development of a contemporary company often includes the establishment of overseas branches and subsidiaries. Recently, Asia has become home to one of the most dynamic and competitive markets, which prompted many companies to establish branches on the continent.

Tokyo Consulting Firm is composed of highly experienced professionals who specialize in establishing and registering offices and parent companies in Turkey. Moreover, our adept professionals are well-versed with market trends and provide every service to help our clients in setting up business in Turkey and fulfill the customers’ requirements in a proper & immediate manner. We are here to help you when you want to start a business in Turkey.

Ever since its inception in 1998, Tokyo Consulting Firm, Turkey continues to keep its rigorous and up-to-date knowledge base through market R&D. Owing to our approach and ability to furnish best quality services to our clients, we have been able to earn recognition as one of the best Consulting Firms for business set up in Turkey.

When starting business in Turkey, every aspect of the incorporation must be considered, such as Turkish law, regulations, customs, and so on. The different types of business organizations in Turkey according to Turkish law are as follow:

Corporate Structure                                              Features
Representative Office                         Primarily to collect and survey information
Branch                                                Operating activities, physical sales allowed
Local Corporation                              Subjected to specific industry regulations
Alliance                                              Equipment and machinery for manufacturing may be borrowed.

Furthermore, our partner company’s multilingual professional staff has experience from several companies, with credentials such as CPA and USCPA, which enables us to create financial statements under GAAP or IFRS. We strive to provide business set up services with highest level of professionalism at the most competitive prices. Our global strategy and implementation services team provides:

1. Business Planning and Initiation

• Promotion Formation and Incorporation of Companies (LLP/ Private/Public/WOS) and matters related therewith including choice of type of company, name availability, drafting of MOA, AOA and other related documents.

2. Financial Services and Raising of Issues

• Registration of Charges, Preparation of Search and Status Reports
• Adviser/ Consultants in issue of shares (Equity/Preference) and other securities
• Private placement of shares and other securities

3. Change of Company Information

• Change in Name of the Company
• Change of Objects of the Company
• Change of Registered Office of the Company

4. Corporate Legal and Advisory Services

• Filing, registering, representing, attesting, verifying documents including forms, returns, and applications by or on behalf of the Company as an Authorized Representative
• Pre- Certification of Forms and Documents
• Maintenance of Secretarial Records, Statutory Books and Registers
• Filing of petitions before NCLT

5. Foreign Exchange Management Act

• Advising on Legal and Procedural matters
• Filing of Annual Return on Foreign Liabilities & Assets Reporting by Turkey Companies
• Opening of Branch/Project/Liaison Office in Turkey

6. Registrations

• Value Adds Tax (VAT)
• Service Tax Registration
• Shops & Establishment Registration
• Professional Tax Registrations