FOREIGN COMPANY ESTABLISHMENT
How to establish a foreign capital company in Turkey? Is a residence permit required to establish a company with foreign capital? How do foreign companies open a liaison office in Turkey? How to open a branch? How are partnership transactions carried out in companies with foreign capital?
Establishment of a New Company with Foreign Capital
According to the Turkish Commercial Code, any company establishment is free in Turkey. Foreign nationals can also engage in commercial activities by establishing a Limited or Joint Stock company in Turkey. You can also engage in commercial activity with a personal liability. They can transfer their earnings abroad, provided that their taxes have been paid.
They can employ Turkish and foreign personnel. A work permit can be obtained for foreign personnel to work, this is mandatory.
If the owner of the company will get a work permit in Turkey or if the authorized manager is a foreign national, there are important points to be considered during the establishment of the company.
Files related to the establishment of companies with foreign capital are meticulously prepared by our expert team, the procedures are followed and finalized.
You can get consultancy service from our expert team before the establishment of the company.
Opening branches of companies in different countries in Turkey
Companies established in foreign countries can open branches if they want to operate in Turkey. They can carry out all the activities of the parent company in Turkey. There is no legal obstacle to this.
They can establish factories, invest in real estate, open tourism facilities, etc.
They can transfer their earnings abroad, provided that their taxes have been paid.
They can employ Turkish and foreign personnel. A work permit can be obtained for foreign personnel to work, this is mandatory.
The files related to the establishment of branches of foreign capital companies in Turkey are prepared meticulously by our expert team, the transactions are followed and finalized.
You can get consultancy service from our expert team before the branch opening.
Share Transfer and Foreign Partnership Transactions in Companies
According to the Turkish Commercial Code, foreign nationals or companies with foreign capital can become joint-shareholders of a Limited or Joint Stock company established in Turkey. They can operate within the framework of the articles of association of the company of which they are shareholders. They can transfer their earnings abroad, provided that their taxes have been paid.
If the company partner will get a work permit in Turkey or if the authorized manager will be a foreign national, there are important points to be considered during the share transfer or partnership phase.
The files regarding the partnership-share transfer of foreign nationals or companies with foreign capital to a Limited or Joint Stock Company Established in Turkey are meticulously prepared by our expert team, and the transactions are followed and finalized.
You can get consultancy service from our expert team before the partnership or share transfer.