Turkey is a popular international jurisdiction and a strategic destination for company formation and ready-made shelf company acquisition. With a population of 85 million and ranking as G20 economy, EU-Turkey Customs Union, Turkey offers a compelling business environment for both local and international entrepreneurs.
Key advantages of establishing a business in Turkey include: G20 economy, EU Customs Union, bridge between Europe and Middle East, young and growing population, Free Trade Zones, Technopark incentives.
| Feature | Details |
|---|---|
| Capital | Ankara |
| Currency | TRY (Turkish Lira) |
| Corporate Tax Rate | 25% |
| VAT Rate | 20% |
| Company Types | Limited Şirketi (Ltd. Şti., LLC), Anonim Şirketi (A.Ş., JSC), Branch, Liaison Office |
| Minimum Capital | 10,000 TRY for Ltd. Şti., 50,000 TRY for A.Ş. |
| Formation Time | 3-5 business days |
| Major Banks | İş Bankası, Garanti BBVA, Akbank, Yapı Kredi, Ziraat Bankası |
ShelfCompanies24 provides comprehensive company formation and corporate services in Turkey. Whether you need a ready-made shelf company for immediate business operations, a newly formed entity tailored to your specific requirements, or assistance with opening corporate bank accounts — our team of experienced specialists is here to help.
Turkey stands out among business jurisdictions for several important reasons. The corporate tax rate of 25% is competitive within the region, and the available company types (Limited Şirketi (Ltd. Şti., LLC), Anonim Şirketi (A.Ş., JSC), Branch, Liaison Office) provide flexibility for various business structures and investment strategies.
Company formation in Turkey typically takes 3-5 business days, with minimum capital requirements of 10,000 TRY for Ltd. Şti., 50,000 TRY for A.Ş.. The country’s banking sector includes major institutions such as İş Bankası, Garanti BBVA, Akbank, Yapı Kredi, Ziraat Bankası, ensuring reliable access to financial services for your business operations.
Explore company formation and shelf company services in related jurisdictions:
In Turkey you can form the following company types: Limited Şirketi (Ltd. Şti., LLC), Anonim Şirketi (A.Ş., JSC), Branch, Liaison Office. The most popular structure for foreign investors is the limited liability company equivalent.
The corporate tax rate in Turkey is 25%. The standard VAT rate is 20%.
Company formation in Turkey typically takes 3-5 business days, including registration with all relevant authorities.
The minimum share capital required in Turkey is 10,000 TRY for Ltd. Şti., 50,000 TRY for A.Ş..
