Essential Documents for the Formation of Companies – local shareholders
1- Pre-examination and approval of company name. Three alternative names would be determined by a client for application.
For Example: Smart Trading LTD.
2- Notarised Passport photocopy of the shareholders or original passport. Third party citizens have to notarise their passport photocopy at Turkish Republic Embassy.
3- Distribution of shares amongst shareholders (what percentage would be hold by each shareholder).
4- Notarised Passport photocopy of directors or original passport ( at least one person must be assigned as a director and he/she can be both director and shareholder). Third party citizens have to notarise their passport photocopy at Turkish Republic Embassy.
5- Notarised passport photocopy of company secretary or original passport (There must be sole company secretary and he/she can be also a shareholder). Third party citizens have to notarise their passport photocopy at Turkish Republic Embassy.
For Example: If there are two shareholders, one can be a director and the other can be a company secretary.
6- Information on the operation, scope and objects of the company
Note: If the shareholders are legal persons rather than natural persons, essential documents would be different.
Company Formation Procedure- Foreign Shareholders
• Initiation of company formation procedures
• Applying for company name registration at the Registrar of Companies
• Following the approval of name, Memorandum of Association and Articles of Association will be sent to a client
• Authorised capital of the company is required to be minimum 15.000 TL
• Finally, registration to the Tax Authority will be done and company will become operative.
Essential Documents for the Formation of Companies
1- Pre-examination and approval of company name. Three alternative names would be determined by a client for application.
For Example: Smart Trading Ltd.
2- Notarised Passport photocopy of the shareholders or original passport. Third party citizens have to notarise their passport photocopy at Turkish Republic Embassy.
3- Distribution of shares amongst shareholders (what percentage would be hold by each shareholder).
4- Notarised Passport photocopy of directors or original passport ( at least one person must be assigned as a director and he/she can be both director and shareholder). Third party citizens have to notarise their passport photocopy at Turkish Republic Embassy.
5- Notarised passport photocopy of company secretary or original passport (There must be sole company secretary and he/she can be also a shareholder). Third party citizens have to notarise their passport photocopy at Turkish Republic Embassy.
For Example: If there are two shareholders, one can be a director and the other can be a company secretary
6- Clean criminal record received from internal security bodies of the country of origin of directors and shareholders.
7- Information on the operation, scope and objects of the company
Note: If the shareholders are legal persons rather than natural persons, essential documents would be different.
For more information please contact us.