FOREIGN COMPANY FOUNDATION IN TURKEY


                            FOREIGN COMPANY FOUNDATION IN TURKEY

Establishment of a company by foreigners in Turkey is one of the most curious subjects by foreigners in practice. It is actually quite advantageous for foreigners to establish a company in Turkey. Moreover, government support to foreign investors is increasing day by day. In order for foreigners to establish a company in Turkey, certain steps and procedures must be taken. There are many important parts about establishing a company in Turkey by foreigners, such as how the company should be established and what type of establishment it should be. In these matters, legal advice from a lawyer who is expert and experienced in his field is important for the process to progress better and for the transactions to be completed without errors.

 

                         CAN FOREIGNERS SET A COMPANY IN TURKEY?

Foreigners can establish a company in Turkey by completing the required legal procedure. In this case, there is a law that regulates the process of establishing a company in Turkey by foreigners. Provisions related to this process are mentioned with the Foreign Direct Investors Law No. 4875. Within the scope of this law; Along with the issues such as freedom of investment, encouragement of foreign investors and equal treatment, some guarantees were given to foreigners with some provisions.

The first thing to be mentioned about foreigners establishing a company in Turkey; The provisions and rules regarding company establishment and commercial activities of foreigners are regulated by the Foreign Direct Investors Law No. 4875, the Turkish Commercial Code No. 6102 and the Turkish Code of Obligations No. 6098. In addition to the aforementioned laws, supporting regulations have been established with the Regulation on the Implementation of the Law No. 4875. For these reasons, it is extremely important to be familiar with the aforementioned laws or to get legal assistance from a lawyer who is a foundation in the legal process regarding companies that are desired to be established in Turkey by foreigners.

 

             WHAT ARE THE COMPANIES THAT FOREIGNERS CAN FOUND IN TURKEY?

There are different companies prepared under the Turkish Commercial Code. Each of these companies has different names, features and legal regulations. Regarding which companies foreigners can establish in Turkey, it has been mentioned that in accordance with the equality principle of Law No. 4875, Turks can establish all companies that they have the right to establish. While the old law was in force, foreigners did not have such a right. Foreigners only had the right to establish limited liability and joint stock companies. However, with the new law, the restriction that foreigners are exposed to in the process of establishing a company has been lifted and they have the right to establish all types of companies stated in the Turkish Commercial Code.


What are the commercial companies that foreigners can establish in Turkey?

In terms of sole proprietorships;

Unlimited company,

Limited Company,

Ordinary Company,

Cooperative Company,

 

It has the right to establish, in terms of capital companies;

Incorporated company,

Limited company,

They can establish a limited partnership company whose capital is divided into shares.

The conditions for establishing a company in Turkey for foreigners vary according to which type of company the foreign citizen will establish.

Alanya If you need legal services related to the subject of establishing a company for foreigners in Turkey, we are pleased to serve you as our LAW AND CONSULTING OFFICE. You can contact us on 0555 887 7007 in the Alanya region if you need legal services related to the establishment of a company by foreigners in Turkey.


Establishment of a company by foreigners in Turkey, alanya law, alanya lawyer

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