How can a foreigner open a company in Turkey?

A foreigner can open a company in Turkey by following these general steps:

1. Choose the type of company: There are several types of companies that can be established in Turkey, such as a limited liability company, a joint stock company, or a sole proprietorship.
2. Obtain a Tax number: All companies in Turkey are required to have a tax number, which is obtained from the local tax office.
3. Register the company: The company must be registered with the Trade Register Office, where the company’s articles of association, the shareholders and the board of directors must be submitted.
4. Obtain necessary licenses and permits: Depending on the type of business, the company may need to obtain various licenses and permits from the relevant government agencies such as Ministry of Industry and Technology, Ministry of Energy and Natural Resources.
5. Open a bank account: The company will need to open a bank account in Turkey in order to handle financial transactions.

It’s important to note that the specific requirements and process may vary depending on the type of company and the industry it operates in. It’s advisable to seek legal and financial advice before starting the process and also check for any recent changes in the regulations, as the laws and regulations of opening a company in Turkey may change from time to time.