The Preparation Process for Foreign Individuals and Legal Entities Establishing Capital Companies

an overview of the preparation process for foreign individuals and legal entities to establish capital companies in Turkey. The conditions for establishing companies and transferring shares are the same for international and local investors, with all types of companies specified in the Turkish Commercial Code available to be established. Prior to establishment, the company’s name, activities, location, management, capital, and shares must be determined, with a focus on advising on capital. Commercial registry and tax office procedures are required, with a power of attorney and parental information also necessary. A partnership structure and a list of required documents should be determined for the establishment process.