Necessary steps and procedures for the establishment of foreign capital companies
Basically, as in every company establishment, the title of the company, the scope of the activity, the center, who the manager / representative should be, capital and shares should be determined. Opening a bank account via the Potential Tax ID (depending on the type and capital amount of the company) 1/4 of the New Partnership capital (25%) s required. The notarized copies of the Company's documents must be registered in the central registry system and the documents listed below should be submitted to the trade registry office:
the original of the documents at this point having the citizenship of foreign countries can be seen to be submitted built on private legal entities in these countries with real people bought the apostille annotation of these documents to be arranged outside Turkey, it must be approved by the consulate or notarized translations. A potential tax number must be obtained from the relevant tax office for non-Turkish citizens.
After the completion of all these transactions, the company will gain legal personality from the registration of the trade registry office. Subsequent actions such as issuing signature circulars to the manager or representative, book certificates, and obtaining a tax plate may be carried out.
In addition, a copy of the "Company and Branch Establishment Notification Form and Petition" filled out at the establishment stage of Trade Registry Office, the company shall send a copy of any amendments to the articles of association which are subject to registration and announcement to the Ministry of Economy.
In addition, the information regarding the capital and activities of foreign capital companies is annually based on the "Activity Information Form for Foreign Direct Investment" and at the latest by the end of May every year. information regarding the payments made to the capital account "Within the framework of the" Capital Data Form for Foreign Direct Investment ", within 1 month following the payment and for the local or foreign shareholders' share of the share transfer to any domestic or foreign investor among them or outside of the company. Within the frame of "Share Transfer Information Form" and within the period of one month following the share transfer, the General Directorate of Incentive Application and Foreign Capital is obliged to notify.