Taxation Istanbul
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Company Formation

Formation is not a single transaction but a chain of applications. If the order breaks, the process waits; so we run the steps in sequence and tell you where things stand at each stage.

Before formation

  • Choosing the company type — sole proprietorship, limited or joint stock — together, based on your activity, the number of shareholders and the tax burden
  • Selecting the field of activity and the NACE code
  • Deciding the capital, the shareholding structure and the management
  • Establishing in advance which authority requires what, if your activity is subject to a licence or permit

Formation steps

  1. Trade name search and reservation
  2. Drafting the articles of association and registration with the trade registry
  3. Tax office registration and the inspection visit
  4. Chamber of commerce or tradesmen's chamber registration
  5. Signature circular, bank account and, where required, blocking of the capital
  6. Opening the social security workplace file if you will employ staff
  7. Financial seal, e-invoice and e-archive applications
  8. Municipal business opening and operating licence

After formation

When formation is complete your file is opened in our tracking system: which returns you are liable for, your first filing period and the status of your ledger certification are defined. The deadlines of the first period are sent to you with a calendar. All formation documents — registry gazette, tax certificate, chamber registration, licence — are kept in your digital archive.