The country of Turkey is a trans-continental one and it is a hot favorite with foreign capitalists and investors. People who are looking for an international destination to run and operate their businesses often find Turkey to be a wonderful choice. Needless to say, the country has a lot to offer foreign investors and business people. If you are considering starting a company here, knowing the company registration fees in Turkey can be a good starting point.
Why is Company Registration in Turkey a Smart Idea?
Stable Economy: The stability that the Turkish economy has shown itself for the past few years and is expected to show in the upcoming future which makes it a safe place to do business in. The economy is booming at the moment and is rising at a steady pace. This is reason enough to start a business here.
Customs Union: Since Turkey is not a member of the European Union, it still gets to give investors and business people several exemptions and tariff cuts when they do business in the country. This is good news for any international investor looking for a place to set up shop.
Business-Friendly Atmosphere: The ease of doing business makes Turkey a top destination for foreign investors. If you choose a company registration service from a reputed consultancy, you will find the process of setting up a company easy and stress-free. The government views business people and investors as a boon and wants to make the process easy for them.
Turkish Free Trade Zone: There is a Free Trade Zone in Turkey that is a boon for foreign and domestic investors. This is a zone where companies get a lot of benefits as long as they meet certain obligations laid down by the Turkish government. It is a place where business is rampant and there is a huge number of international; businesses here. An investor can repatriate the funds back to his home country from the Turkish Free Trade Zone, which is one of the biggest benefits it offers.
Capital Required for Company Registration in Turkey
Any investor will wonder what kind of funds it takes to register a company in this land. Depending on the type of company you are planning to start, the funds required will be likewise.
For Joint Stock Company: 50,000 Turkish Liras
- Non-Public Joint Stock Company: 100,000 Turkish Liras
- Limited Liability Company: 10,000
This is the minimum funds that will be required to register a company. Starting the company will require more money. If you choose to hire a quality consultancy for this purpose, you will have to pay them as well. But that is just about all the capital investment you are going to have to make.
As you can see, starting and operating a business in Turkey is really not that difficult, nor does it require a huge amount of funds. It is thus necessary to find a reputed consultancy with expertise in helping companies register themselves in Turkey. This way, a lot of the paperwork and delays can be avoided and you can get a company registered with ease and convenience here.
