We carry out company establishment procedures, foreign capital company establishments and branch opening procedures of foreign companies in Türkiye on behalf of our customers. We undertake Trade Registry procedures, Tax Certificate and Social Security Institution Workplace registration and make them ready for commercial activities.
Hand in hand with our customers, we evaluate the type of company that would be more suitable for their circumstances and carry out the establishment procedures in line with their decisions.
According to the Turkish Commercial Code (TCC), Commercial Companies can be established in five different types:
- General Partnership, (Kollektif Şirket; KOLL.ŞTİ.)
- Limited Partnership, (Komandit Şirket; KOM.ŞTİ.)
- Joint Stock Company; JSC (Anonim Şirket; A.Ş.)
- Limited Liability Company; LLC (Limited Şirket; LTD.ŞTİ.)
- Cooperative Company (Kooperatif Şirket)
Upon their request, we also offer our customers the service of opening a sole proprietorship instead of establishing a company.
Sole Proprietorship or One-Person Business: It is an enterprise owned by one person. Therefore, it is suitable for small businesses. It is the easiest to establish and close. The biggest advantage is that it is established with minimal costs and procedures whereas the disadvantage is that the owner has unlimited liability for all debts and obligations incurred by the business.
