Company Formation in Turkey 2026: Remote Setup & CPA

2026 UPDATE: The New "Wealth Amnesty" & Tax-Free Fund Transfer

Under the newly enacted Law No. 7582 (June 4, 2026), foreign investors establishing a company in Turkey can now benefit from the "Wealth Amnesty" (Varlık Barışı). This unique incentive allows you to transfer your offshore funds, cash, or gold into Turkish corporate bank accounts with zero tax investigations and extremely low (0% to 5%) fixed tax rates, making Turkey the ultimate safe harbor for global capital restructuring.

Company Formation in Turkey for Foreigners (2026 Guide)

100% Foreign Ownership Allowed

3-5 Days Setup Time

Remote Setup Available

Corporate Bank Account Support

Establish your corporate presence in Istanbul without bureaucratic friction. We provide a full-suite financial service for foreign investors: from remote LLC (LTD) setup and Potential Tax IDs to corporate banking and virtual office compliance.

Executive Summary (FDI Law & Structuring)

Under the Turkish Foreign Direct Investment Law, foreign nationals have the exact same commercial rights as local investors. The structural roadmap involves:

The Structure: You can establish a Limited Liability Company (LTD) with a minimum share capital of 50,000 TRY (approx. $1,500). The old rule requiring pre-registration bank blockage for LTDs has been abolished; you have 24 months to deposit the capital.

Remote Execution: Through an apostilled Power of Attorney (PoA), Istanbul Mali Musavirlik (IMM) executes the entire establishment, tax registration, and accounting setup remotely, eliminating the need for physical travel to Turkey.

Wealth Amnesty Integration: If you plan to inject large foreign funds into your new company, we structure your setup to comply with the 2026 Wealth Amnesty law, securing your funds legally within the Turkish banking system.

4 Core Services for Market Entry

Navigating a foreign tax system requires a trusted partner. Our CPA board acts as your outsourced CFO in Istanbul, handling the complete lifecycle of your investment.

Corporate Registration

We handle the drafting of the Articles of Association, MERSIS system registration, and Istanbul Chamber of Commerce (ITO) approvals.

Potential Tax ID

Foreign shareholders must obtain a Turkish Potential Tax ID before any commercial action. We secure this instantly from the central tax registry.

Virtual Office Compliance

We provide legally compliant virtual office addresses in Istanbul to receive government notices, exempting you from high rental withholding taxes (Stopaj).

Bank Account Setup

We leverage our institutional banking network to help you activate multi-currency (USD, EUR, TRY) corporate bank accounts seamlessly.

The Process: How to Form a Company Remotely?

Step 1: Power of Attorney (PoA) & Passport
You do not need to fly to Turkey. Simply visit the Turkish Consulate in your home country (or a local notary with an Apostille) to issue a specific PoA to our certified CPAs, along with a notarized passport copy.
Step 2: Articles of Association
Based on your business model, we draft the company’s structural document, determine the required NACE (activity) codes, and translate everything for your approval.
Step 3: Registration & Chamber of Commerce
Our team registers the company with the Istanbul Chamber of Commerce (ITO). Within 48 hours, your company officially becomes a legal entity.
Step 4: Tax Office & e-Invoicing
We activate your corporate Tax Plate (Vergi Levhası), order your electronic signature (Mali Mühür), and set up the mandatory e-Invoice (e-Fatura) infrastructure.

COMPLIANCE WARNING

Mandatory E-Transformation & Accounting

The Turkish Revenue Administration operates on a strict, 100% digital tracking system. Failing to comply with e-Invoice (e-Fatura) or e-Ledger (e-Defter) mandates leads to severe financial penalties. Furthermore, having a certified local accountant (SMMM) is a legal requirement for every company in Turkey. As your corporate tax advisors, we implement robust digital accounting architectures from day one and provide monthly tax filings and payroll services in English.

Frequently Asked Questions (FAQ)

Do I need a Turkish partner to start a business?

No. Under Turkish FDI laws, you can own 100% of the shares in a Turkish Limited Liability Company (LTD) or Joint Stock Company (A.Ş.). There is no legal requirement to have a local shareholder or a local director. You can be the sole director of your company.

What is the minimum capital requirement?

The minimum share capital for an LTD is 50,000 TRY. Fortunately, the law requiring you to deposit this amount in a bank account before registration has been abolished. You have 24 months to deposit the capital after the company is officially formed.

How does the 2026 Wealth Amnesty work for my new company?

If you establish a company and declare your offshore funds (cash, gold, securities) to a Turkish bank before July 31, 2027, you can transfer these funds into your corporate account with a very low fixed tax rate (or 0% if kept in certain funds). The government guarantees no tax inspections regarding the source of these funds.