Turkey has an impressive energy market which is made of both medium and large-sized players offering various services. It is possible to set up companies in the energy and connected sectors in Turkey by registering a business with the Trade Register and obtaining the necessary licenses for operating.
Foreign investors can also open companies in Turkey in the energy sector by registering businesses on electricity, gas, steam and air conditioning supply. In order to do that, one must comply with several legal requirements which are explained below by our company formation specialists in Turkey.
You can rely on us for assistance in opening a company on electricity, gas, steam and air conditioning supply in Turkey.
The main law which governs the energy market, and which extends to Turkish companies offering electricity, gas, steam and air conditioning supply services is the Electricity Market Law which was recently harmonized with the EU regulations.
All activities of Turkish companies in this sector are supervised by the Energy Market Regulatory Authority.
The other laws which need to be respected when opening a business on electricity, gas, steam and air conditioning supply in Turkey are:
Our Turkish company formation agents can guide foreign entrepreneurs on the regulations they need to comply with when opening a business on electricity, gas, steam and air conditioning supply.
There are several types of companies which can be set up with the purpose of offering electricity, gas, steam and air conditioning services in Turkey. The law recognized electricity generating companies, distribution companies and transmission companies.
In order to supply electricity, gas, steam and air conditioning in Turkey, one must register a distribution company for which a specific license must be obtained.
In order to obtain a distribution or supply license for offering electricity, gas, steam and air conditioning in Turkey, a company must first obtain a preliminary license. The following aspects needs to be considered when setting up a business on electricity, gas, steam and air conditioning supply:
It is good to know that when it comes to the supply of air conditioning services, Turkish companies do not need to obtain such a license.
Our company registration advisors in Turkey can offer more information on the licenses required with setting up a business on electricity, gas, steam and air conditioning supply.
There are several services which can be offered when starting a business on electricity, gas, steam and air conditioning supply in Turkey. Among these are:
In numbers, the energy market in Turkey looks like this:
If you need help in establishing a company electricity, gas, steam and air conditioning supply, do to not hesitate to contact our Turkish company formation consultants.
Call us now at +90 532 351 66 77 to set up an appointment with Cagatay Altunsoy, one of our specialists in company formation in Istanbul, Turkey. Alternatively you can incorporate your company without traveling to Turkey.
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