Company formation in Turkey
Turkey offers a natural gateway to three of the world’s largest and most dynamic markets: Europe, Asia and the Middle East. No wonder its economy is booming, up 34% over the four years to 2005, and still growing more than 5% per annum.
- The minimum share capital for a limited liability company is between 5,000 and 10,000 TL (US 3,200 – US6,400). However the recommended amount is 50,000 TL for non-Turkish Directors
- At least 25% of the authorized share capital must be paid up after the company is established.
- Minimum of one sharehol