Can Foreigners Set Up a Company Online in Turkey?

Foreigners can partially complete the company formation process online, but some steps require in-person procedures. Here’s a detailed breakdown:

Online Steps for Company Formation

  1. Application via MERSIS (Central Registry Recording System)

    • The initial registration can be done online through MERSIS, where the company’s articles of association and incorporation documents are submitted digitally.
    • The Trade Registry Office processes the application, and the company registration number is issued online.
  2. Tax ID & Bank Account

    • A provisional tax number can be obtained online, but foreign partners may need to submit notarized translations of their passports and other documents in person.
    • Some banks allow online account opening, but foreigners may need to provide additional documents (passport, residence permit) at a branch.
  3. Document Preparation

    • The company’s articles of association and signature circulars can be prepared digitally but require notarization in person.
    • Foreign-language documents must be apostilled (if applicable) and submitted with a notarized Turkish translation.

In-Person Requirements

  1. Notary & Trade Registry Office Submission

    • Founders must sign documents in front of a notary and submit them to the local Trade Registry Office.
    • Foreign partners must provide original or certified copies of passports and proof of address.
  2. Work Permit & Licenses (If Applicable)

    • Foreign directors/shareholders may need a work permit, requiring an application to the Ministry of Labor and Social Security (in person or via a legal representative).
    • Certain business activities require additional permits from municipalities or government agencies.
  3. Capital Deposit

    • For limited companies (Ltd. Şti.), at least 25% of the capital must be deposited in a Turkish bank (not required for joint-stock companies).

Summary:

Partially Online: MERSIS registration, tax ID application, and document drafting can be done digitally.
In-Person Steps: Notarization, Trade Registry submission, work permits (if needed), and bank procedures require physical presence.

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