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.

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.