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Articles

Set Up a Consulting Company in Turkey

Updated on Monday 08th January 2018

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Set-up-a-consulting-company-in-TurkeyForeign citizens relocating to Turkey may find easier to start their own business instead of working for a local company, because the government encourages entrepreneurship. Skilled individuals have various options when deciding on the type of business they want to set up, however during the last few years, the consulting sector has become more popular among local and foreign investors. Moreover, the Turkish consulting market is expected to be one of the highest-growing industries in the country by the end of 2020.

Those who want to start a consulting company in this country can rely on for the Turkish company formation procedure.

Requirements for setting up a Turkish consulting business

There are no special requirements or qualifications related to offering consulting services in Turkey. However, both local and foreign investors must comply with the Commercial Code’ s company registration process for the creation of the structure used for serving clients. Among these, the sole trader and the limited liability company are preferred options for both local and foreign enterprisers who create consulting companies in Turkey.

As mentioned above, there are no special qualifications for offering consulting services, however being a specialist in the domain in which consultancy is provided will enhance the chances of success. Accountants and engineers are just two of the most successful type of specialists who can set up consulting companies.

Types of consulting companies in Turkey

There are various types of consulting companies investors can open in Turkey. Among these, there are:

  • -          IT companies which can offer various types of consulting services related to the information technology industry;
  • -          business development companies which are currently very sought by foreign investors who want to start businesses in special investment zones in Turkey;
  • -          real estate consulting companies;
  • -          financial advisory companies;
  • -          accounting and auditing companies;
  • -          legal advisory companies.

Also, during the last several years business process operators (BPOs) have become quite popular in Turkey.

If you want to open a consulting company and need assistance, do not hesitate to contact our company registration representatives in Turkey.

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