Foreign Companies Establishing Companies in Turkey: The Role of Istanbul Lawyers

Introduction: Turkey has become an attractive destination for foreign investors with its strategic location, dynamic economy and growth potential. As the commercial and financial capital of Turkey, Istanbul attracts a lot of attention from foreign companies. In the event that a foreign company wishes to start operations or establish a company in Turkey, the assistance of an Istanbul lawyer is quite important to comply with local legal and regulatory requirements.

Foreign Companies Establishing Companies in Turkey:

1. Legal and Regulatory Needs:

   • Turkish Commercial Code and related legislation: In order to establish a company in Turkey, foreign companies are required to comply with the Turkish Commercial Code and related laws. An Istanbul lawyer provides guidance on the company's incorporation process by advising on these legal requirements.

   • Company Types: Foreign companies can operate in Turkey as a limited liability company (Limited Liability Company) or joint stock company (Joint Stock Company). The Istanbul lawyer helps to determine the most appropriate type of company that fits the company's goals and needs.
2. Work and Commercial Permits:
   • Turkish Trade Registry: Foreign companies are required to register with the Turkish Trade Registry before starting their activities in Turkey. The Istanbul lawyer assists the company in the preparation of the necessary documents for registration and in the application process.
   • Taxes and Licenses: Foreign companies must obtain relevant tax records and licenses according to the sector in which they will do business. The Istanbul lawyer provides consultancy in the tax and licensing processes of the company.
3. Agreements :
   • Business Partnership and Contracts: Foreign companies can establish collaborations by entering into agreements with local business partners. The Istanbul lawyer assists in the preparation of business partnership agreements, the conduct of negotiations and the protection of the interests of the company.
   • Labor and Labor Law: The company must comply with the labor law and labor regulations in Turkey in order to employ its employees. The Istanbul lawyer provides advice on labor law issues and ensures that employee-company relations are carried out in accordance with the legal framework.

Conclusion:

The establishment of companies in Turkey by foreign companies requires compliance with local legal and regulatory requirements. Istanbul lawyers support foreign companies in this process, provide the necessary permits, prepare the contracts and meet the legal needs of the company. Istanbul lawyers help foreign companies to operate successfully in Turkey and provide legal protection in the process of doing business.