Setup for foreign founders

Owning a Turkish company does not require living in Turkey. It also does not, by itself, give a founder the right to work in Turkey.

Ownership and presence are different

In many sectors a foreign person or a foreign company can own the shares of a Turkish limited or joint stock company without living in Turkey. Some activities restrict foreign ownership or require a local partner. That restriction is checked against the activity before the articles are signed, not after the registry fee is paid.

The paper from home

Passports, parent-company extracts and board resolutions usually need a sworn translation and an apostille or consular legalization. Names must match across the passport, the resolution and the articles. A mismatch is a common reason a file waits.

A tax identity for the shareholder

Foreign shareholders are often asked for a Turkish tax number of their own, separate from the company’s tax number. It identifies the owner. It is not a residence permit and it is not a work permit. See tax and banking for the company’s own number and the account.

Address, and the right to work

The company still needs a registered address in Turkey even if every shareholder lives elsewhere. A founder who will work in Turkey, take a local salary, or stay long enough to need a residence basis is in a different process. Forming the company does not authorize that stay or that employment. If the founder will also be an employee or a manager on the ground, the proposal separates the company file from the permit file.

Where this sits in the filing

Choose the structure first. The steps then follow the documents you can actually obtain. Send both in the request.

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