Setting Up a Company in Turkey: Legal Guide for Foreigners


Setting Up a Company in Turkey: Legal Guide for Foreigners (2025)

One of the most frequently asked questions by foreigners who want to invest in Turkey is: Can I set up a company as a foreigner?
In this guide, we explain the legal process for foreigners who wish to establish a business in Turkey, based on the 2025 legislation.

Can a foreigner establish a company in Turkey?

Yes. According to Law No. 4875 on Foreign Direct Investments, foreigners have the same rights as Turkish citizens in company formation.
You can establish a sole proprietorship, limited company, or joint-stock company.

Which type of company is recommended?

The Limited Company is the most preferred model for foreigners.
It requires only 1 partner and a minimum capital of 10,000 TRY.
For Joint Stock Companies, the minimum capital is 250,000 TRY.

Do I need a residence permit to open a company?

No, residence permit is not mandatory to establish a company.
However, for operations and documentation, it’s recommended to have a local legal representative.

What are the steps?

  1. Drafting the Articles of Association

  2. MERSIS registration

  3. Notary approval and signature declaration

  4. Tax registration and potential tax number

  5. Registration with the Trade Registry

  6. SGK (Social Security) registration if employing staff

Can I open a bank account?

Yes, after registration. You'll need your tax certificate and trade registry documents.
Banks may ask for business details and ownership structure.

Are there sectors that require special licenses?

Yes. For example: education, health, finance, mining, energy.
Prior approval from the relevant ministry is required in such cases.

Can I get a residence permit after founding a company?

Yes. If the company is active, pays taxes, and creates employment, foreigners can apply for residence and eventually work permit.

Why legal assistance is important

 

Incorrect procedures can stop your commercial activities.
Üner Law Office – Alanya Lawyer offers end-to-end legal support during company setup.

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