In fact, there is nothing mysterious or difficult about this.

    As a rule, a lot depends on the goals of starting a business. With this in mind, I am unlikely to be able to fully disclose this issue on this site right away, but I will try to explain the basic principles by which Turkish legislation differs from, for example, most CIS countries. Please forgive me for the inaccuracy and / or confusion in the presentation of the material, since I am not a super specialist in writing instructions, and even more so when writing this material, I write in my own words without using materials from other sites. Everything is done on a whim and in simple words.

   Everything that I present here, I write based on personal experience and the legislation of the Republic of Turkey. Perhaps my experience will be different from that of my readers. I will try to give examples, although for specific examples, specific questions from my readers are needed, which I still have not enough. But I undertake, in case of interesting questions, to supplement the material presented here.

   The complexity of presenting this topic is also due to the fact that I am writing this material a year and a half after opening my company. And what at the beginning seemed interesting and incomprehensible, now for me is “for granted”. That is why, to the uninitiated reader, it will seem that I am skipping some points. But I will try to write in detail, clearly and in simple words.

   So what forms of legal entities exist in Turkey. I won’t add anything new to you here, everything is the same as everywhere else:

• commercial and non-commercial,

• LLP and JSC,

• open and closed type,

• large - medium and small.

 

   Here is an approximate list of legal entities that can be opened by foreign citizens, and their names in Turkish:

1. Individual Entrepreneur (Gerçek Kişi Tacir)

2. Liaison Office / Contact Office / Representation (İrtibat Bürosu)

3. Branch of a foreign company (Yabancı Şirket Şubesi)

4. Simple partnership (Adi Ortaklık)

5. Cooperative (Kooperatif)

6. Limited partnership (Komandit Şirket). General partners carrying out entrepreneurial activities on behalf of the partnership bear unlimited personal liability, contributor partners (commanders) cannot participate in the management of the partnership

7. Joint Stock Company (Anonim Şirket)

8. The Limited Liability Partnership (Limited Şirket), as in most countries, is the most common formation.

9. Limited Liability Company.

   Who in the topic of starting a business in their homeland did not see anything new here, so let's move on.

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