Establish a joint-stock or limited company in Türkiye with Workhy.
Easily set up your limited or joint-stock company in Türkiye with the help of Workhy's expert team. With our end-to-end services, you can manage all financial processes of your company digitally on a single platform.
What is a Joint-Stock Company?
A joint-stock company is a type of legal personality, the capital of which is divided into shares.
1
The liability of the shareholders is limited to fulfilling the capital they have committed. The shareholders' personal finances and assets are not intertwined with the company's assets, and the company is responsible for its own assets.
2
Being registered in the trade registry is a prerequisite of establishing a joint-stock company.
3
As per Article 329 of the Turkish Commercial Code, the shareholders are only liable to fulfill the capital they have committed.
What is a Limited Company?
A limited company is a legal personality established by one or more real or legal persons for the purpose of achieving economic gain.
1
In a limited company, the amount of registered capital is fixed. The registered capital consists of the sum of the capital shares.
2
Being registered in the trade registry is a prerequisite of establishing a limited company.
3
The shareholders are not responsible for the company's debts as they are only obliged to fulfill the capital they have committed.
Which Company Type Should I Choose in Türkiye?
| Joint-Stock Company | Limited Company | |
|---|---|---|
| Minimum Capital | $50,000 | $10,000 |
| Number of Shareholders | Minimum 1 - Maximum 500 | Minimum 1 - Maximum 50 |
| Share Transfer | Not subject to registration. | Should be notarized, subject to registration. |
| Share Sales | Offers tax benefits 2 years after the establishment. | No tax benefits. |
| Shareholder Liability | To the Board of Directors | To the Shareholders |
| Requirement to Hire a Lawyer | Mandatory when capital amount exceeds $250,000. | Not mandatory. |
Requirements for Establishing Limited and Joint-Stock Companies in Türkiye
- ID front-side photo or passport photo of the shareholder(s)
- Title deed or lease agreement
- Photo of the shareholder(s)
- Company’s title
- Company’s field of activity
- Company’s executive information
- Amount of capital
- Phone number and email address
Learn about Workhy from entrepreneurs.
‘’Thanks to Workhy, the processes related to the formation of my joint-stock company were completed online and quickly. I am proud to be a member of the Workhy family and would like to thank their team for quickly setting up my company without me having to deal with complex procedures.’’
Sertaç Taşdelen
Let Workhy Help You Set Up a Joint-Stock or Limited Company in Türkiye
The articles of association are prepared by Workhy according to the type of company you want to launch, which starts the process of setting up your joint-stock or limited company in Türkiye. Your company will be established shortly and ready to operate.
