Structural Choice
JSC vs LLC by investment round, tax efficiency, and exit readiness.
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
Foreign-investor company formation in Türkiye has two timelines: MERSİS and Trade Registry filing, then post-registration bank KYC/AML and operational setup. An A.Ş. has minimum capital of TRY 250,000 and at least 25% of cash commitments is paid before registration; a Ltd. has minimum capital of TRY 50,000 and its cash capital may be paid within 24 months after registration. Apostille or consular authentication for foreign founder documents depends on the country and issuing authority. A bank account is not created automatically with registration and no fixed bank-completion date is promised. Law No. 4875 provides equal treatment while sector-specific permissions remain applicable. Technopark, Qualified Service Center and free-zone benefits are not automatic; each requires an activity and eligibility review. The Sistem Global Danışmanlık network can be coordinated where the scope calls for it, while Turkish registry and tax-accounting steps follow a licensed CPA control plan.
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 Qualified Service Center conditions and who can qualify?
- Which sectors require additional foreign capital permits?
Service scope for this profile
Formation Operation
Tax number, MERSİS, capital and Trade Registry dossier, managed separately from the bank KYC timeline.
Bank Account Opening
KYC + UBO file prepared, right commercial segment selected.
Incentive Architecture
Technopark, R&D centre, Qualified Service Center and IFC — compared against their eligibility conditions.
This page is for general information and does not replace professional advisory. Taxpayer-specific situations should be assessed in light of current legislation and your company’s circumstances.