12 steps to incorporating a company in Turkey in 2024

Since 2003, Healy Consultants Group helps out multi-national Clients’ timely accurately and completely register an entity in Turkey. Within 2 weeks, we will email you a certificate of incorporation. Within 2 months, you will be able to legally conduct business in Turkey. This web page will help you visualize the company registration process:

Pre-incorporation steps
1. Our Client i) settles Healy Consultants Group fees ii) signs and returns our Client engagement letter iii) provides us all the required due diligence documents;
2. Healy Consultants Group drafts a detailed engagement plan, mapping out by week each step to engagement completion, optimizing transparency and setting Client expectations;
3. Our Client confirms and approves the i) draft corporate structure and ii) NACE code that best describes their intended business activity in Turkey;
4. Our Incorporation Team drafts the Power of Attorney and emails the same to our Client for i) review and signature, ii) apostille or legalization at the Turkish embassy and iii) courier back to Turkey;
Incorporation steps
1. Healy Consultants Group submits a preferred company name application to Central Trade Registry System (MERSIS) and reserves our Client company name;
2. Healy Consultants Group receives the apostilled/legalized POA and Client due diligence documents and proceeds to i) translate the same to Turkish language and ii) notarize the same with a Turkish Public Notary;
3. Our Incorporation Team then collates all the documents and submits an incorporation application to the Trade Registry and obtains i) certificate of registration ii) memorandum and articles of association and iii) temporary tax and VAT registration number;
Incorporation steps
1. If required, Healy Consultants Group to assist our Client appoint a local tax agent (CPA) and submit the same to the Tax Office for activation of the tax & VAT number. A POA will be required;
2. If required, Healy Consultants Group assists our Client to secure an office space in Turkey and updates the office address details with the Trade Registry;
3. Healy Consultants Group Banking Team assists our Client to open a corporate bank account with a local or international bank;
4. If our Client intends to have local employees, Healy Consultants Group assist with i) obtaining the workplace opening and operations permit from the local Municipality and ii) registering employees for Social Security with Social Security Institution (Sosyal Güvenlik Kurumu);
5. Following engagement completion, Healy Consultants Group couriers a full company kit to our Client, including original Turkey corporate documents, unopened bank correspondence and a Client feedback survey.