واتساب 
How to establish a company in Türkiye, types of companies and their procedures.
The establishment of a company in the Turkish state allows the investor, especially the foreigner, to benefit from the great facilities and privileges granted by the Turkish government to the owners of companies, especially the new ones.
The Turkish government has set many laws for companies that are in the interest of investors and bring them many benefits.
What are the types of companies in Türkiye?
These companies are established to operate a commercial project under a specific trade name, and the responsibility of all shareholders in that company is limited, and there is no minimum capital required for its establishment.
The capital in this type of company is divided into shares that are distributed to shareholders according to the percentage of their shares in the capital of the company in which he is considered a contributing partner. In addition, the number of founding companies must be (5) people, with a minimum capital of no less than 50 thousand Turkish liras.
In most cases, the issue of licensing is difficult in such companies due to the difference in the administrative authority that issues the license and the differences in its conditions. Such as private banks and financial institutions. Financial leasing companies. Insurance companies. Diwan collection companies, foreign exchange company and holding companies.
This type of company is considered one of the typical types of companies, especially for owners of medium and small projects.
What are the steps required for you to establish your company in Türkiye?
1- In order to establish a company in Turkey, the articles of association shall be prepared and ratified by the notary (a notary), and a statement of the company’s address shall be attached.
2- 25% of the value of the capital must be deposited in the bank, and the capital must be greater than the amount specified in Turkish law in order to benefit from other powers obtained by companies with large capital. Therefore, we advise you that the capital be at least 100 thousand liras. Turkish .
3- Submit the original copy of the company’s articles of association, in addition to two certified copies, and they are placed in the commercial registry office within 15 days from the date of authentication by a notary.
4- As for limited liability companies, they must be compatible with Article 279 of the Turkish Commercial Code.
How are health insurance and work permits issued for workers in Turkish companies?
All workers and employees in these companies, including managers and administrators, are registered with the Ministry of Social Security. The companies must pay insurance premiums to their employees periodically. The company’s accountant prepares all legal papers for the employees, workers, and managers as well, and pays the insurance amount in full.
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