Company Formation: Your First Step to Success in Türkiye

Starting your business in Türkiye begins with Company Formation, a foundational step that sets your business on the path to success. At ETITAX, we offer Company Formation as part of all our plans at no additional charge, ensuring a seamless and efficient process for entrepreneurs. While we provide this service for free, we strongly recommend combining it with other essential services for a fully compliant and operational business setup. It’s important to note that obtaining an ITIN (Individual Taxpayer Identification Number) is mandatory for all foreign partners before proceeding with company registration.

What is Company Formation?

Company Formation is the legal process of registering your business with the Turkish Trade Registry Office, establishing it as a recognized entity. This process involves multiple steps, including preparing required documents, submitting applications, and complying with local regulations. A properly formed company allows you to operate legally, open bank accounts, hire employees, and engage in business activities in Türkiye.

Why Choose ETITAX for Company Formation?

At ETITAX, Company Formation is included in every plan at no extra cost. This ensures that you can access our expertise without worrying about additional fees for this essential service.From preparing documents to liaising with authorities, we handle every aspect of the Company Formation process, ensuring a smooth and hassle-free experience. We recommend combining Company Formation with services like ITIN application, virtual office setup, bookkeeping, and tax filings for a complete business solution.

The Company Formation Process

Before starting the registration process, all foreign partners must obtain an ITIN. This is a critical requirement for compliance with Turkish regulations. ETITAX assists in preparing all necessary documents, including articles of association, notarized power of attorney, and application forms. We submit your application and required documents to the Turkish Trade Registry Office, ensuring all details meet regulatory standards.  Once approved, your company is officially registered, and you receive your company registration certificate.

Key Benefits of Our Company Formation Service

With ETITAX, you benefit from our extensive experience in Company Formation, ensuring every step is handled accurately. We simplify the process, reducing delays and allowing you to focus on launching and growing your business. Our team ensures that your company adheres to all Turkish laws and regulations, avoiding potential penalties.

Why ITIN is Mandatory for Company Formation

The ITIN is a crucial document required for foreign partners to participate in the Company Formation process. It identifies you for tax purposes and allows you to complete registration with the Trade Registry Office. Without an ITIN, your company cannot be legally formed in Türkiye. ETITAX assists in obtaining your ITIN quickly and efficiently, ensuring you’re ready to proceed with registration.

Frequently Asked Questions

• Is Company Formation free with all ETITAX plans?
  • Yes, Company Formation is included at no additional charge in all our plans.
• Can I use only the Company Formation service?
  • While you can, we do not recommend it. Combining it with other services ensures a complete and compliant setup.
• Why do I need an ITIN for Company Formation?
  • An ITIN is mandatory for foreign partners to register their company with the Turkish Trade Registry Office.
• How long does the Company Formation process take?
  • It typically takes 5-10 business days once all documents are prepared.
• What documents are required for Company Formation?
  • You will need a notarized power of attorney, articles of association, and an ITIN, among other documents.
• Can ETITAX assist with document preparation?
  • Yes, we handle all aspects of document preparation to ensure compliance.
• Is a virtual office required for Company Formation?
  • A business address is required. Many clients opt for our virtual office service as a cost-effective solution.
• What happens if I don’t have an ITIN?
  • Without an ITIN, you cannot complete the Company Formation process. ETITAX helps you obtain one quickly.
• Do I need to be in Türkiye for Company Formation?
  • No, ETITAX can handle the entire process remotely with a notarized power of attorney.
• Can I add other services later?
  • Yes, you can upgrade your plan or add services like bookkeeping, tax filings, or virtual office solutions at any time.