Starting a Business in Turkey as a Foreigner

Starting a business in Turkey as a foreigner can be complex, as it involves navigating the country's legal and regulatory framework. Here are some steps you can take to get started:

Choose a business structure: You can establish a limited liability company (LLC) or a joint stock company (JSC) in Turkey. An LLC is suitable for small- to medium-sized businesses, while a JSC is suitable for larger enterprises.

Obtain a tax number: You will need to obtain a tax number from the Turkish Tax Authority (Vergi Dairesi) to conduct business in the country.

Register your company: You will need to register your company with the Trade Registry Office (Ticaret Sicil Müdürlüğü). This process involves completing a registration form, submitting supporting documents, and paying the necessary fees.

Obtain necessary licenses and permits: Depending on the nature of your business, you may need to obtain specific licenses and permits to operate legally in Turkey. For example, if you plan to sell goods or services, you must get a business license from the Chamber of Commerce.

Hire employees: If you plan to hire employees in Turkey, you must register with the Social Security Institution (SGK) and obtain employee insurance.

It is advisable to seek the assistance of a local lawyer or professional service provider to help you navigate the process of starting a business in Turkey.