Akkas CPA is a globally recognized Turkish Accounting Firm with a long record of excellence and professionalism for your free zone company establishment in Turkey. Our accountants provide all kinds of accounting services in Turkey required to run your company in Turkey.
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Akkas CPA offers the best accounting services, at competitive prices to foreign businessmen who already established or getting ready to establish a company in Turkey.
After the free zone company establishment in Turkey, you will need to hire an accountant & CPA to manage the financial issues and offer solutions to lower the costs for your business. A good accountant will help you save money and make your company more efficient in terms of costs. If your company is managed well from all points of view, the profit will increase in a short time.
Free Zone Company Establishment in Turkey
We Can Finish Free Zone Company Establishment in Turkey within 20-30 Days
We can complete free zone company establishment in Turkey within 3 weeks, we have established more than 260 companies for our foreign clients from Spain, UAE, Ukraine, Russia, UK, Morocco, Lebanon, Syria, S. Korea, Germany, Italy, Jordan, Vietnam, Poland, France, Pakistan, China, Hong Kong, USA, Malaysia, Iran, Portugal, Norway, Canada, Saudi Arabia, Iraq, and Kuwait.
If Partners are not in Turkey, We Can Complete the Free Zone Company Establishment Remotely
We can complete the free zone company establishment in Turkey remotely if you are not present in Turkey, however, the setup process will be longer and cost more.
Moreover, we have established more than 260 companies for our foreign clients including Spain, UAE, Ukraine, Russia, UK, Morocco, Lebanon, Syria, S. Korea, Germany, Italy, Jordan, Vietnam, Poland, France, Pakistan, China, Hong Kong, USA, Malaysia, Iran, Portugal, Norway, Canada, Saudi Arabia, Iraq, and Kuwait.
Steps for a Free Zone Company Establishment in Turkey?
According to the Turkish Commercial Code, a joint stock company requires a minimum of one partner and it can be a legal entity or a real person. The partner/partners can be Turkish or foreign as well. Foreigners can own 100% of a company and transfer their profit out of Turkey without any problems.
The minimum required capital for a Joint Stock Company is 250,000. -TL (Turkish lira). 25% of the capital of the company shall be paid in advance and the remaining shall be in two years and up to three installments.
Roadmap for Free Zone Company Establishment in Turkey
- Partners’ passport translation and notarization
- Obtaining tax ID numbers for the partners
- Getting Power of Attorney from the partners for company formation before the Notary Public
- Determining and reserving the company title
- Signing a lease contract for the company address
- Preparing online company establishment procedures
- Filing company details at the Istanbul Chamber of Commerce online
- Filing company Articles of Incorporation online and getting it approved
- Filing all the documents at the Istanbul Chamber of Commerce and paying official company registration fees
- Obtaining a company registration certificate from the Istanbul Chamber of Commerce
- Getting signature circular notarized at Notary Public
- Giving Power of Attorney to an accountant on behalf of the company
- Opening company bank account
There is a 5.000 USD application fee for free zone companies and it will be refunded if the application is refused by the Ministry of Trade. However, if the application is accepted and a free zone operating license is issued, the application fee will be kept by the Ministry. After that, we continue establishing the company and it can be a limited company, a joint stock company, or a branch of the mother company.
How many Free Trade Zones are in Turkey?
A Turkish Free Trade Zone is a specially designed production site that aims at increasing export-oriented investment and production in Turkey, accelerating the entry of foreign capital and technology into Turkey. Enhancing productivity and economies of scale and increasing the utilization of external financial sources and trade opportunities.
Although a Free Trade Zone is within the boundaries of the Republic of Turkey, it is treated as if it were a territory abroad. National regulations relating to foreign trade, and financial and economic areas are partially applicable to Free Trade Zones. There are 18 Free Trade Zones in Turkey and their annual trade volume amounted to more than $ 23 billion in the year 2022.
Reach us for a Free Zone Company Formation in Turkey
Akkas CPA & Turkish Accounting Firm is one of the globally recognized Turkish Accounting Firms with a long record of excellence and professional leadership in Istanbul, Turkey.
Thanks to its nationally recognized accounting services, our accounting firm is now one of the leading accounting firms in Istanbul, Turkey. You may reach our accountants for free zone company establishment in Turkey by sending an email to us.
