Based on the principle of CONSULTANT CABIN Pvt. Ltd. in helping investors from all over the world to start and expand their investments in Turkey, learn how to establish a company in Turkey from abroad. Many investors and businessmen want to establish a company in Turkey from abroad to exploit the investment opportunities in Turkey, as the Turkish economy is one of the fastest-growing and stable economies in the light of difficult times. Besides, the Turkish government makes a great effort to attract businessmen from all around the world through laws and facilities in the interest of the investor.
Some nationalities face difficulties in obtaining a visa to Turkey (Click here to read about Business Visa for Turkey), which leads them to establish a company and extract work residency in Turkey so that they can enter and exploit the investment opportunities that qualify them later to obtain Turkish citizenship. Other investors also resort to establish a company in Turkey from abroad to save time.
The company’s article of incorporation is a document that includes a set of terms and conditions that are agreed by the founding partners to be submitted to the Chamber of Commerce to register the company and extract the commercial registry for it.
The power of attorney (POA) is an official document that will be done at the notary or at the embassy of a certain country outside in which a specific entity or a person is authorized by another entity or another person to carry out specific procedures that are determined in the power of attorney (POA).
Authorization signature is an official document that will be done at the notary or at the embassy of a specific country abroad based on the extracted documents from the Chamber of Commerce, that contains company information in general in addition to the official signature of the partners or the owners of the company, and it is used in any transactions related to the company. After all these procedures, your company will be officially registered in Turkey
The procedures for opening a bank account differ from one bank to another. Some banks can open a company account through the power of attorney (POA) and others require the personal presence of the investor.
Kuveyt Turk Bank or Al-Baraka Bank is one of the excellent banks that we recommend to foreign investors due to the availability of customer service in Arabic and English, which makes it easier for the investor to communicate with the bank.
Then CONSULTANT CABIN Pvt. Ltd. will start the procedures for applying to work residency (work permit) and send it to the investors so they can enter Turkey if the residency has been accepted by the Turkish government.
It is issued by the Chamber of Commerce based on the company’s article of incorporation.
It contains all company information in addition to the company states whether the company is active or inactive.
It is issued by the Chamber of Industry and Commerce based on the commercial registry number. It contains a full explanation of the company’s activities, and a summary of the document can be issued in the English language.
It is issued after the company is registered in the Chamber of Commerce via the Internet based on the company’s documents through registration in the Tax Department.
It contains the company’s tax number, incorporation date, and the official address of the company.
It will be issued at the notary, based on the company documents, as mentioned previously.
It contains company information attached to the officially approved signature of the partners or the owner of the company.
It is preferable to be careful to have an original copy of the authorization signature for the company to be permanent with the partners or the owner of the company.
The legal accountant is the most important employee in your company, as it is a link between your company and government departments, and therefore it is preferable to choose a good accountant, as failure to any data submitted to the tax department by your company’s legal accountant may cost you a lot.
A contract must be signed between your newly established company and the accounting company to avoid such future problems.
The accounting contract is extracted by the accountant via the Internet from the Turkish accountants’ website of the Turkish government, as the company information and the accountant’s monthly salary will be determined, only.
In addition to many advantages, at the following link, you can see the advantages of establishing a company through the services of CONSULTANT CABIN Pvt. Ltd. The accounting contract is extracted by the accountant via the Internet from the Turkish accountants’ website of the Turkish government, as the company information and the accountant’s monthly salary will be determined, only.