Last reviewed September 2026 by Julia Thompson, Corporate Client Service Specialist
Speed

  • Pre-formed Turkish Ltd. Şti. transfer filed within 48 hours
  • New Ltd. Şti. formation in 2 to 4 weeks
  • Agreed scope, confirmed in writing before we start
Banking

  • Corporate account introduction included
  • Multi-currency accounts available
  • Online banking and SWIFT setup
Address

  • Registered office in Turkey
  • Mail forwarding service
  • Local landline available
Support

  • Local accountant introduction
  • TTSG filings handled
  • Annual compliance support

Doing Business in Turkey

Turkey offers international entrepreneurs an attractive entry point: Bridge EU/Asia, manufacturing, free zones. The Turkish Ltd. Şti. (limited şirket) is the dominant corporate form for SMEs, holdings, and trading entities, and we hold a stock of pre-formed, never-traded Ltd. Şti.s ready for immediate ownership transfer through the Türkiye Ticaret Sicili Gazetesi (TTSG).

ShelfCompanies24 has been arranging company formation and the transfer of pre-registered Turkish entities since 1995. We work with a network of Turkish corporate-service providers, accountants, and banks to deliver a consolidated, start-to-finish service, whether you need your Turkey company ready in 48 hours or a brand-new one built from scratch in 5 days.

Why Turkey for Your Business

  • Bridge EU/Asia, manufacturing, free zones, the structural reason serious operators choose Turkey over neighbouring jurisdictions.
  • Predictable corporate law, Türkiye Ticaret Sicili Gazetesi (TTSG) provides public, searchable filings; ownership transfers are documented and binding.
  • 2026 corporate tax: 25%, see the detailed tax breakdown below.
  • Pre-formed Ltd. Şti. stock, clean TTSG-registered companies with no trading history, ready for a 48 hours ownership transfer.
  • Remote-friendly, most Turkey corporate procedures can be completed without travel; we handle apostille, sworn translation, and digital signature.
  • Corporate banking, introductions to local and international banks suitable for a Turkish Ltd. Şti., without the multi-month onboarding most foreign owners face when they apply alone.
  • Single point of contact, your dedicated consultant manages incorporation, banking, accounting, and ongoing compliance for the whole life of the company.

Our Core Services in Turkey

Ready-Made Shelf Companies in Turkey, buy a pre-registered Turkish Ltd. Şti. with clean history and TTSG entry. Transfer in 48 hours.

Company Formation in Turkey, register a new Turkish Ltd. Şti., A.Ş. or other Turkish corporate vehicle. End-to-end service: TTSG filing, tax registration, banking. 5 days timeline.

Bank Accounts for Turkish Companies, corporate account introduction with banks active in Turkey. Multi-currency and online banking included.

Turkey Company Types at a Glance

Legal form Typical use Liability
Ltd. Şti. Default limited Limited to share capital
A.Ş. Joint-stock Limited to share capital

Most Turkey clients choose the Ltd. Şti. (limited şirket) for the combination of limited liability, ownership flexibility, and predictable TTSG treatment.

Turkey Corporate Taxation 2026

The 2026 headline corporate tax position in Turkey is 25%.

25% CIT; EU Customs Union since 1995 for industrial goods; free-zone CIT exemptions.

VAT, withholding-tax, and treaty-network specifics are jurisdiction-dependent and best discussed in a free first call, your consultant will map your operational profile to the correct Turkish tax treatment before you commit to a structure.

Compliance and Reporting Obligations

  • Annual financial statements, prepared under Turkish GAAP and filed with the TTSG on a calendar-year or financial-year basis.
  • Beneficial ownership transparency, most modern jurisdictions, including Turkey, require beneficial-owner registration alongside the TTSG entity record.
  • Tax registration, TTSG entry typically auto-registers the company with the Turkey tax authority; VAT/sales-tax registration is separate where turnover thresholds apply.
  • Director and shareholder filings, changes to TTSG must be filed within statutory deadlines; we manage these end-to-end on retainer.
  • Audit thresholds, small Ltd. Şti.s usually file abbreviated accounts; medium-sized and large entities meet local audit requirements (typically based on balance-sheet, turnover, and headcount thresholds).

Corporate Banking for Your Turkish Company

A Turkish corporate bank account is critical to operating the company, and one of the practical bottlenecks foreign owners hit when they apply directly. Our consultant introduces you to the right banking partner for your profile (high-volume international transfers, EUR/USD/GBP multi-currency, e-commerce processing, custodial, or simple operating-account-only).

A pre-formed Turkish Ltd. Şti. with clean TTSG entry typically passes bank KYC more smoothly than a newly formed entity, which is why operators in a hurry to begin trading specifically request a shelf company.

Cross-Jurisdiction Comparisons

Operators looking at Turkey often also evaluate similar jurisdictions:

Why Choose ShelfCompanies24 for Turkey

  • 30 years of experience, operating since 1995 across Turkey and 55 other jurisdictions.
  • Licensed corporate-service provider with a dedicated Turkish desk.
  • Pre-formed Ltd. Şti. stock, clean TTSG-registered entities ready for immediate transfer.
  • Bundled service: formation, TTSG filings, virtual office and a bank introduction.
  • Remote-only, most clients never travel to Turkey; we handle apostille, courier, and sworn translation.
  • Post-formation support, accounting, VAT/tax filings, payroll, beneficial ownership filings where the jurisdiction requires them.

How to Open a Company in Turkey

Opening a Turkish company means registering it with the Ticaret Sicil Müdürlüğü, the Trade Registry attached to the local chamber of commerce, and having it published in the Türkiye Ticaret Sicili Gazetesi. You settle the legal form, almost always the Ltd. Şti., obtain a Turkish vergi numarası for every foreign shareholder and müdür, agree the merkez and the business activity, have the esas sözleşme notarised by a Turkish noter, and file with the Trade Registry. Tax registration and the MASAK beneficial-owner filing follow, then the accountant and the bank account. A new Ltd. Şti. is ready in 5 days on this route, while a pre-formed one from our stock transfers in 48 hours.

Starting a Business in Turkey as a Foreigner

Turkey puts foreign investors on the same footing as Turkish ones under Foreign Direct Investment Law No. 4875, so a Ltd. Şti. can be owned entirely by non-residents, with no local partner and no residency or work permit condition on the shareholders or the müdür. The one prerequisite is a Turkish vergi numarası for each foreign principal, which we obtain through a Turkish consulate or a tax office without you travelling. Founders in the United Kingdom, Italy, the United States and the Gulf all sign the same way: at a Turkish consulate, with a Turkish e-imza, or by vekaletname to our Istanbul attorney.

Frequently Asked Questions about Turkish Companies

How quickly can I start trading with a Turkish company?

With a pre-formed Turkish Ltd. Şti. the share transfer is documented and the TTSG update filed within 48 hours; the register amendment completes in 5 to 10 working days; you can sign contracts in the company’s name from day one. A newly formed Ltd. Şti. takes 5 days end-to-end because the Türkiye Ticaret Sicili Gazetesi and the tax authority each add their own processing time.

What is the difference between a Ltd. Şti. and a A.Ş. in Turkey?

Both are Turkish corporate vehicles registered with the TTSG. The Ltd. Şti. is the standard SME limited-liability form chosen by most operators. The A.Ş. is typically used for larger, capital-raising or listed structures. Most foreign owners arriving in Turkey pick the Ltd. Şti. unless they have a specific reason, listing plans, multiple investor classes, or a partner-structure preference, to choose otherwise.

What do I need to open a company in Turkey?

Six things: a legal form, in practice the Ltd. Şti., a Turkish vergi numarası for every foreign shareholder and müdür, a merkez, a stated business activity, an esas sözleşme notarised by a Turkish noter, and the share capital the chosen form requires. The Trade Registry then registers the company and publishes it in the Türkiye Ticaret Sicili Gazetesi. Tax registration, the MASAK beneficial-owner filing and a mali müşavir follow immediately afterwards.

What taxes will my Turkish company pay in 2026?

The 2026 headline rate in Turkey is 25%. 25% CIT; EU Customs Union since 1995 for industrial goods; free-zone CIT exemptions. VAT/sales-tax, withholding-tax on dividends, and treaty-network impact depend on your operating profile, a free first call with our consultant maps your business model to the correct Turkish tax treatment.

How do I start a business in Turkey as a foreigner?

Start with the vergi numarası, the Turkish tax number every foreign shareholder and müdür needs before the company can be registered, which we obtain through a Turkish consulate or a tax office. After that the route is the same as for a Turkish founder: a notarised esas sözleşme, Trade Registry registration, tax registration, the MASAK beneficial-owner filing and a mali müşavir. A residence permit is a separate immigration matter and is not needed to own or manage the company.

Can a foreigner own 100% of a Turkish company?

Yes. Foreign Direct Investment Law No. 4875 puts foreign investors on the same footing as Turkish investors, so a Ltd. Şti. or an A.Ş. can be wholly foreign owned, with no local partner and no Turkish resident required on the board. A small number of regulated sectors set their own ownership conditions, so tell us the activity at the scoping call and we confirm the position before you commit to a structure.

Is a Turkish shelf company really ‘clean’?

All ShelfCompanies24 shelf entities in Turkey were incorporated solely to be held in reserve. They have never traded, never opened a customer-facing bank account, never invoiced a third party, and never accumulated tax losses, so the TTSG record shows pure dormancy. This avoids the loss-utilisation and beneficial-owner-disclosure complications that a real ex-trading company would carry.

Should I buy a shelf Ltd. Şti. or form a new one in Turkey?

Choose a shelf Ltd. Şti. when you need to be trading immediately, when banking onboarding speed matters, or when a counterparty insists on dealing with an established legal entity. Choose new formation when you want to design the constitution, share classes, or registered name from scratch and you can wait 5 days for the TTSG entry. Both options come with the same service, banking introduction, and post-formation support.

What is an off the shelf company in Turkey?

An off the shelf company, hazır şirket in Turkish, is a Ltd. Şti. or A.Ş. that was registered with the Trade Registry in advance and held dormant so it can be handed over complete. It carries an active vergi numarası, its paid-up capital and a Revenue Administration record showing nil declarations only, and it has never invoiced or employed anyone. Buying one is a notarised share transfer and a Trade Registry amendment rather than a formation.

Ready to discuss your Turkey corporate setup? Contact our Turkish desk, we reply within one working day with a service tailored to your needs. Specify whether you want a pre-formed Ltd. Şti. ready in 48 hours or a fresh formation taking 2 to 4 weeks.

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