2025 LIMITED LIABILITY COMPANY ESTABLISHMENT COST IN TURKEY
One of the most frequently asked questions by entrepreneurs who want to establish a limited liability company in Turkey is the total costs to be paid during the registration and registration process of the company.
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We made a sample cost study for foreign entrepreneurs about the establishment of a limited liability company in Turkey. The expenses we have mentioned in the example are the minimum expenses that an entrepreneur who is not a citizen of Turkey will incur when establishing a company in Turkey in 2025.
2025 ESTABLISHMENT EXPENSES OF A LIMITED COMPANY IN TURKEY
The main charges encountered when establishing a limited company in Turkey are; Notary charges , sworn translator charges, chamber of commerce registry and announcement charges, limited company formation service fee and tax office registry charges. Let's explain these charges with an example table;
2025 Limited Liability Company Sample Cost Study;
Company name; Example Tecnology Limited Company Establishment Informations
Founder/Partner; One (1) Person - Non Turkish Citizen
Manager of the company; One (1) Person - Co-founder
Company Capital; 50.000 TL. The minimum capital required for limited liability company.
Employee ; None
Sector of the company; Tecnology services
Monthly Rent of the workplace; 5.000 TL
1- 2025 Limited liability company formation notary fees; 132 $
Passport translation Turkish; 40 $
Signature circular of the company director; 45 $
CPA Accounting Pawor Of Attorney; 47 $
Note: Company founder should come to chamber of commerce. And founder should sign company formation documents. If the founder will not come to the chamber of commerce for signature, there will be 65$ around additional notary charges for the company establishment power of attorney.
2- 2025 Limited liability company chamber of commerce registy fees; 161 $
In order to establish a limited company in Turkey, registration is made with the chamber of commerce. Chamber of commerce registration fees start from approximately $161.
Note; Chamber of commerce registration fees are determined according to criteria such as the number of partners of the company, the amount of capital, and the number of fields of activity.
3 - Certified Public Accountant And Sworn Translator Service Fee; 249 $
4- Tax Office Registry Charges; 10$ around (Stamp taxes of the lease agreement and accounting agreement)
2025 - TOTAL COST OF ESTABLISHMENT A LIMITED COMPANY IN TURKEY $552 USD
Note 1; The total cost in the example are the minimum charges required to establish a limited liability company in 2025 in Turkey. On the other hand, your company may have expenses such as municipality license charges, ministry permission and license charges related to its field of business, in terms of its field of activity and characteristics.
Note 2; If your limited company will be shopping centre and retail sales, please add avarage 126 $ cash register and pos device expenses. (Some banks may offer cash register POS device free of charge, depending on the agreement)
Note 3; Sample cost study and expense items are for one non of Turkish citizen (foreign) partner.
Note 4; When establishing a limited liability company, the obligation to open a bank account and block a part of the capital has been abolished. So, when setting up a limited company, you do not need to open a bank account and have the capital blocked in Turkey.
Note 5; The Sample Cost study is for informational purposes and was prepared for the establishment of a limited company in Istanbul in 2025. In other regions, costs may differ slightly. Request a cost quote according to the city you are in and the characteristics of your business.
You can always contact us to get the current cost table for your business free of charge.
Frequently asked questions about establishing a limited company in Turkey
1- Can foreigners set up limited liability company in Turkey?
Yes. Citizens of all countries can establish a limited liability company in Turkey. Only a passport is sufficient for foreigners to establish a company in Turkey.
Foreigners who establish a company in Turkey are subject to the same rights and obligations as Turkish citizens. When you come to our office with your passport, all transactions are carried out by us.
2- What documents are required for foreigners to establish a company in Turkey?
A passport is sufficient for foreigners to establish a limited company in Turkey. In other words, a limited company can be established in Turkey with a passport. All other necessary documents are prepared by us. The company is ready in a few days.
3- What is the total cost of establishing a limited company in Turkey?
The total cost of establishing a limited company in Turkey for foreigners is around $552. Official establishment expenses are included in this cost. It is the total cost.
4- Is a workplace required to establish a limited company in Turkey?
A workplace address is required to establish a company in Turkey. If you do not need a physical workplace for your commercial activities, you can use a virtual business address. Using a virtual business address is legal in Turkey. It is a very cost-effective option for those who do not need a workplace.
5- How much does it cost to establish a limited company in a virtual business address in Turkey?
Virtual office costs vary depending on the features of the virtual office to be preferred. You can think of the cost of establishing a limited company in a virtual business address as around $580. In other words, when you bring $580 and your passport, your company is established. All official procedures are carried out by us.
6- How much capital is required to establish a limited company in Turkey?
In order to establish a limited company in Turkey, the legal capital is at least 50,000 TL. In order to establish the company, the capital amount is written in the company agreement. In other words, the capital does not need to be ready to establish the company. After establishing the company, you can open a bank account for the company. And you can deposit the company capital into the company's bank account within 2 years.
7- How many days does it take to establish a limited company in Turkey?
The establishment of a limited company in Turkey is completed within an average of 3-4 business days. This is the average time. Unless there is a special situation, we usually complete the process within 3 days. Depending on the conditions, the period may be extended by a few days.
8- Can I open a bank account when I establish a limited company in Turkey?
A limited company to be established in Turkey is a legal entity separate from its owner. As a legal entity, a limited company can always open a bank account. It can conduct banking transactions. In other words, there is no legal restriction for opening a bank account.
On the other hand, each bank has different procedures and conditions. Some banks may restrict or demand additional obligations for opening bank accounts for companies established by foreigners. Or, bank employees may not be very willing to open bank accounts for foreigners due to communication problems. Our recommendation for opening a bank account is to work with a bank branch where there will be no communication problems. There are more than fifty different and reliable banks in Turkey.
9- Can a single person establish a limited company in Turkey?
Yes. A limited company can be established in Turkey by a single person. There is no requirement to have a partner or a Turkish citizen as a partner. A foreign person can establish a limited company in Turkey. He/she can be the legal representative of the established company.
10- Can foreigners establish a limited company in Turkey and be a company representative?
Yes. A foreign person can establish a limited company in Turkey. He/she can be the legal representative of the established company. There is no restriction for this.
11- Is it necessary to obtain a residence permit or work permit to establish a limited company in Turkey?
A residence permit or work permit is not required to establish a limited company in Turkey. A limited company is a separate legal entity. This legal entity (company) registered in Turkey can engage in commercial activities. It can do business. In other words, only a passport is sufficient to establish a limited company in Turkey.
12- Can a person who establishes a limited company in Turkey get a work permit?
Yes. After establishing a limited company in Turkey, the company owner can apply for a work permit if they wish.
13- Is it easy for foreigners to establish a limited company in Turkey?
Yes. It is very easy for foreigners to establish a company in Turkey. All you need to do is have a passport. The important thing is to get support from an experienced consultant on establishing a company for foreigners.
If you come to our office with your passport, we prepare all the documents. We complete all the registration procedures within 3 or 4 business days.
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