Main Company Types Under Turkish Law

There are four types of companies in Turkey as shown below

The Joint Liability company

It is a company established to operate a business under a specific trade name, The liability of any of the shareholders is limited only to the capital subscribed and paid by the shareholders. There is no minimum capital requirement.
All contributors need to be real people. Shareholders’ equity and obligations are determined through the Statutes.

This type of company has to be established by at least one real person or a legal entity and fifty people at the most, and the liability of shareholders is limited to the capital subscribed and paid by the shareholders.
The capital of such company shall be not less than 10,000 Tl minimum for the establishment of the company per person, and 12.500 for two persons.

The Limited Liability company

This company has to be established by at least one real person or a legal entity and fifty people at the most, and the liability of shareholders is limited to the capital subscribed and paid by the shareholders.
The capital of such company shall be not less than 10,000 Tl minimum for the establishment of the company per person, and 12.500 for two persons.

The Limited Partnership corporations

The Limited partnership corporations is a company established to run a business under a specific brand name. As the liability of some shareholders is limited to the capital subscribed and paid by the shareholders (financiers), there are no limits on liability for some shareholders. Only legal entities funded. There is no minimum capital requirement. Shareholders’ equity and obligations determined through the Statutes.

The Joint Stock company

At least five shareholders are needed to incorporate this company type (Real persons or legal entities), and the requirements for the minimum share capital is 50,000 Tl The management of the company is also foreseen by a board of directors, together with a supervisory board.
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6 Comments

  1. Hello there i from pakistan i got visa and have next week plan to come in turkey istanbul i visted last year and now i have complete plan to settled in Turkey and open company so basic i want to start import export so i want to open company in turkey
    which is best for import export i have a in pakistan PVT.LTD
    so what i have a plan i show you
    i want to open company i want to import rice in turkey 🇹🇷 so you Suggest me which company is best for import export so and please tell me expence how much money i required tell me detail via email i will contacg yoh
    thank you

  2. Dear Mr hope you will be fine, i from Pakistan i have a plan to come in turkey Istanbul in January i have visa, i visited in 2020 turkey and now i have plan to settled in Turkey and want to open a company for import and export.
    I have the export company in Pakistan so how can i start business in Turkey.
    I want to open company i want to import rice in Turkey from Pakistan so what you can help me which company is best for import and export.
    Also i need to know all expenses of company.
    Thanks and best Regards
    Mobin

  3. Hello my name is Bushra Naeem and I belongs to Pakistan, I am a Master graduate student from Kadir Has University in Marketing located in Istanbul. I also have an experience of doing work in Real estate for one year here in Istanbul/ Turkey.
    I want to know the process of starting a Business now here in ‘Istanbul. please I would be so grateful if you reply my query
    Thank you

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