AUDIENCE 2 · OPERATIONAL + PRACTICAL

Turkey for Foreign Investors

For those considering Turkey operations: structure decision, tax-efficient setup, banking, capital flow — end-to-end.

TL;DR — in 1 minute

Setting up a company in Turkey as a foreign investor takes approximately 5-7 business days: potential tax ID (VKN), passport apostille and notarised translation, MERSIS application, capital deposit, Trade Registry filing, tax office opening and bank account. Startup cost is USD 5-10k for an LLC and USD 10-25k for a JSC. Law No. 4875 on Foreign Direct Investments grants equal treatment — no prior permission or minimum investment requirement. Investment notification through E-TUYS within one month is mandatory. The Sistem Global network of 15 country partners supports the structure, while we handle the Turkish operational subsidiary under a licensed CPA signature. In this process, sub-regime selections — family office, RHQ or Technopark — shift the tax burden between 0-100%, and the right structural advice means 12-30% annual savings.

Frequently asked

  • What are the 7 critical steps to set up a foreign company in Turkey?
  • JSC vs LLC for foreign investors — what is the difference?
  • How does a foreign legal entity register through MERSIS?
  • How long does capital deposit and bank account opening take?
  • What is the E-TUYS investment notification form?
  • What rights does Law No. 4875 grant foreign investors?
  • What are the 2026 RHQ status criteria (Turkey Century Investment Package)?
  • Which sectors require additional foreign capital permits?

Service scope for this profile

Structural Choice

JSC vs LLC by investment round, tax efficiency, and exit readiness.

Formation Operation

VKN, MERSIS, capital deposit, Trade Registry — 5-7 business days end-to-end.

Bank Account Opening

KYC + UBO file prepared, right commercial segment selected.

Incentive Architecture

Technopark, R&D centre, RHQ, IFC — which regime suits you.

Newsletter

Monthly notes from Istanbul

Once a month — regulatory updates, foreign-investor briefings and case notes. No spam, single click to unsubscribe.

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