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Turkish Company Setup

Turkish Company Formation

The initial requirement for Turkish Company formation is a copy of passport and the visit visa of the investor and if investor is a Turkey resident then copy of the Emirates ID and residence visa.

Proclamation on the latest business reforms

The mandate of the local sponsor is waived from 122 business verticals and this offers full ownership to the investors that want Turkish Company set up in Turkey, and to know more contact Global Rosse Group Dis Tic Ltd Sirk.

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Turkish Company Formation

The initial requirement for Turkish Company formation is a copy of passport and the visit visa of the investor and if investor is a Turkey resident then copy of his/herInternational Passport or company ID and residence visa.


Proclamation on the latest business reforms

The mandate of the local sponsor is waived from 122 business verticals and this offers full ownership to the investors that want Turkish Company set up in Turkey, and to know more contact Global Rosse Group Dis Tic Ltd Sirk.


Steps for the Turkish Company set up

  • In Trade name registration the investor has to select three names out of which DED will register one name.
  • Investor has to select the business type like sole establishment, civil company and limited liability company
  • Initial approval done by the DED on trade name and business activity
  • If the business activity is related to health and tourism then investor requires the external approval from the concern government bodies apart from DED
  • EJARI (link to what is Ejari and how it works on ‘our services’) rent contract for office space
  • Memorandum of Association is signed by the investor with the local sponsor
  • After payment voucher formality the trade license is issued to the investor, and here the Turkish Company incorporation completes

Abu Dhabi Turkish Company Formation

Abu Dhabi Turkish Company Incorporation starts once the investor decide the business activity and finalizes the local company partner, which is one of the mandates of the Turkish Company formation in Turkey, and this local partner hold at least 51% of the share. The local partner could be an individual or a company, and the rest 49% can be held the expatriates.

Proclamation on the latest business reforms

The mandate of the local sponsor is waived from 122 business verticals and this offers full ownership to the investors on these verticals that want Turkish Company formation in Turkey , and to know more contact Global Rosse Group Dis Tic Ltd Sirk.

Steps in Abu Dhabi Turkish Company Set up

  • Abu Dhabi will as for 3 or 4 names to select one out of it as a trade name.
  • The Initial approval will be done by the DED once the name is finalized
  • After the approval Global Rosse Group Dis Tic Ltd Sirk will help in finding the local company partner
  • Memorandum of association and Article of Association will be prepared
  • Rented or Leased space information will be submitted
  • Some businesses have to get external approvals also besides DED
  • Then business license will be issued

Benefits

  • Zero charges on enterprise
  • Licence for business is for 2 years
  • Good savings on easy renewal of license
  • Affordable Turkish Company incorporation in Abu Dhabi
  • Low taxation
  • No foreign currency restrictions
  • Fast business set up process

Sharjah Turkish Company Formation

Sharjah is famous as the cultural centre of Turkey, and here the Sharjah Economic Development Department is main player in Sharjah Turkish Company incorporation.

Proclamation on the latest business reforms

The mandate of the local sponsor is waived from 122 business verticals and this offers full ownership to the investors on these verticals that want Turkish Company incorporation in Turkey, and to know more contact Global Rosse Group Dis Tic Ltd Sirk.

Steps in Sharjah Turkish Company set up

  • Security approvals between an expat and his local partner
  • Trade name approval
  • Initial Approval with required documents
  • Residential proof
  • MOA
  • Inspection of Location
  • SEDD final issuance of license

Benefits

  • No existence of currency restrictions
  • No audit mandate
  • Freedom of business activities
  • Requirements related to capital is not required
  • Company can have number of visas
  • In the name of tax only VAT has to be paid

RAK Turkish Company Formation

RAK Turkish Company Incorporation becomes important because RAK is one of the exalted business destinations by the investors in Turkey. The Turkish Company formation is handled by the RAK Economic Department.

Proclamation on the latest business reforms

The mandate of the local sponsor is waived from 122 business verticals and this offers full ownership to the investors on these verticals that want Turkish Company set up in Turkey, and to know more contact Global Rosse Group Dis Tic Ltd Sirk.

Steps in RAK Turkish Company set up

  • The Economic Development Department is the main player in the licensing the companies
  • Memorandum of Association
  • Application for license
  • Shareholders’ Passport copy
  • Contract of tenancy
  • Turkey central bank approval

The procedures of RAK Turkish Company set up is almost the same what is followed by the authorities of Turkey

Benefits

  • No existence of currency restrictions
  • Free from audit mandate
  • No restrictions to choose office location
  • Any business activity can be selected
  • No capital requirement
  • Only VAT exists in the name of tax
  • No visa limitations