Business Establishing Conditions

There are some important rules and regulations must be followed to establish a company. First, the foreigners who would like to establish a company should submit the memorandum and articles of association online at MERSIS, which is a central information system responsible for commercial registry processes. The second step is to execute, translate and notarize the documents of the company by Turkish notary.

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In the next step, he should get the potential tax identity number which necessary for opening a bank account to deposit a percentage of the capital of the company, according to the regulations. Then, he can apply for registration at the Trade Registry Office to certify the legal books and issue a signature circular.