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How to open a business in Turkey.
Registration of a legal entity

STEP 7after registering the company, within 7-14 days, a tax officer and an employee of the local administration should come to you. They usually come together. Before coming, you will be called to the number indicated during the registration of the company and will be told the time and date on which they will come. That's probably how it should be. Depending on the activities of your company, a tax officer may come alone.

We didn't. They came to our office and called us from there that they were waiting for us and that we should come immediately or in half an hour. Although I was nearby, I asked for half an hour 😊 to call the second founder. It turns out that they have already called him, and we slowly approached our office. Representatives of government agencies inspected the office, wrote down the quadrature, took a few photos and that's it.

According to the tax representative, they checked the area, the number of jobs for compliance with our activities. It turns out that the area of the office should correspond to the chosen type of activity. For example: on an area of 10 sq. m. it is impossible to open a cafe, for retail premises of at least 80 square meters, and so on. In general, they have their own troubles there, I myself did not see this in the legislation of the TR (rather, I did not look, because I was interested). So these are just my guesses.

We had a large office with two floors, so there were no questions for us. At the same time, we have not yet received all the office furniture, and we were told to notify them as soon as it arrives, so that they come again and check.

In general, as I understand it, they gave us permission, taking into account the comments. No one gave us written comments, they just said in words. A few days later, a tax officer ran into our office and said that everything is in order, you can work.

 

STEP 8if I am not mistaken, within 6 months (I just don’t remember what period is prescribed in the Law), you need to contribute the authorized capital. The authorized capital cannot be contributed in any other way, except as I have described below.

IMPORTANT: you need to deposit the amount of the authorized capital to the current account of your bank. The statement and the payment document must be handed over to the accountant so that he sends it where it should be and reflects it in his accounting. In general, only such share capital contribution is accepted in Turkey.

An announcement about the opening of a company is published in the republican newspaper - resmi gazete. Now, the company has become officially registered and you can safely work.

Remember I wrote above about the pros and cons. So, all the expenses that we made before the opening of the office were not included in our expenses, since there is no way to make documents for our company. And here's the trick, for those who plan for the future. Agree with the repair team and the building materials store that they will give you documents later for the company. You can also negotiate with the seller of equipment and furniture so that you pay earlier and write out the documents later. In theory, this can be done, and the costs there are not small. Of course, we did not take this into account and learned a lesson from our own experience.

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