The procedure of incorporating a company in Istanbul is no different than in other cities in Turkey and it lasts approximately one week, if you submit the necessary documents at the local Trade Register. You will need the following documents:
- articles of association, after they have been notarized;
- the prove for the payment of 0.04% of the share capital to the Competition Authority;
- the signatures of the directors and other persons authorized to represent the company;
- the founders’ declaration;
- a certificate from the bank proving the payment of the minimum capital share;
- photos of the founders of the company.
You won’t have to go in person to Istanbul in order to register your company because you can contact our agents in company formation and they will help you with the incorporation. You will give them the power of attorney in order to act on behalf of you at the local Trade Register and take care of all the documents you need for opening your company.
In Istanbul, you may start four major types of companies:
- limited liability company
- joint stock company
- commandite company
- collective company.
You may choose the appropriate type of company according to your business. The most common type, chosen by many investors, is the limited liability company which is suited for small and medium businesses, while the joint stock company is more appropriate for large businesses.
If you need a virtual office for your company incorporated in Istanbul, you may contact our specialists in company formation and they will offer you the tailored solution for your business, no matter if you need a prestigious business address or a common one. Additionally, you will benefit from professional services, such as:
- a local fax number,
- sending/receiving mails for your company,
- incoming/outgoing faxes,
- a local phone number etc.
Istanbul is the largest Turkish city and an important economic and cultural center. The city has a population of over 14 million inhabitants and represents one of the most crowded cities in the world. Istanbul has a total area of 5,343 square kilometers and lies between two continents: Europe and Asia. The city is very well connected to the main European towns and it is an attractive destination for tourists all over the world.
In 2010, Istanbul was the European Capital of Culture and it was visited by over 11 million of foreign citizens in 2012. The economy in this city has grown year after year in a fast rhythm and many important Turkish companies have the headquarters located there.
Istanbul produced 27% of GDP in Turkey and it is the residence of 37 billionaires.