Frequently asked questions

No. With a notarized power of attorney, we handle registration, tax ID, chamber, and e-signature entirely remotely. You may need one visit for bank account opening — or we coordinate a bank that supports remote opening.

Typically 10 business days once we have complete documents. This covers tax ID, chamber of commerce registration, notary authentications, and e-signature setup.

LTD (Limited Şirket) is the most common — minimum €500 capital, 1 shareholder minimum, lower setup cost. AŞ (Anonim Şirket) requires €1,500 capital and is preferred for larger operations or IPO paths. Şahıs (sole proprietorship) is the simplest and cheapest but personal liability is unlimited — good for freelancers.

10,000 TL minimum (~€300 at current rates). It doesn't need to be deposited upfront — you have 24 months to commit it to the company.

No. Since 2003, Turkey allows 100% foreign ownership across all sectors (with a few minor restrictions like broadcasting and maritime). You can be the sole shareholder and sole director.

Yes — for an LTD, a single person can be both sole shareholder and sole director. For AŞ, the same applies.

Passport copy (notarized/apostilled if not EU/US), proof of address (bank statement or utility bill, translated), and a signed power of attorney. We handle notary translations in Istanbul.

The standard corporate tax rate is 25% (effective 2026). A 5-point reduction applies to manufacturing and export-oriented companies, bringing it to 20%.

No. Service exports to foreign clients (where the service is consumed abroad) are VAT-exempt under Article 11 of the VAT Law. Proper documentation is required to prove it.

Standard VAT is 20% (since 2023). Reduced rates of 10% and 1% apply to specific goods (food, books, agriculture).

Tax deducted at source on certain payments — salaries (15-35%), rent to individuals (20%), freelancer invoices (20%), dividends (10%). The payer withholds and remits it to the tax office.

Monthly: VAT and withholding. Quarterly: provisional corporate tax (for LTDs/AŞs). Annual: corporate tax return (filed in April for the previous year).

If you're in Turkey more than 183 days in a calendar year, you become a tax resident and are taxed on worldwide income. Under 183 days, you're taxed only on Turkish-source income.

Only if you're a Turkish tax resident (183+ days). Double taxation treaties with 90+ countries typically prevent being taxed twice — we credit foreign tax paid against Turkish tax liability.

Revenue from Amazon is business income — subject to corporate tax (25%). Goods sent to FBA warehouses are exports, so VAT is 0%. You can reclaim Turkish VAT on domestic purchases (suppliers, shipping). We handle the entire accounting workflow including Payoneer/Wise reconciliation.

Yes. Issue e-Arşiv (electronic archive) invoice in your client's currency (USD/EUR). The income is VAT-exempt as service export. We set up your e-Arşiv system during company formation.

Legitimate income received via Payoneer or Wise must be invoiced and declared. We reconcile your payment statements monthly, match to invoices, and report properly. Ignoring this is a common mistake that causes tax audits.

Yes, all companies must use e-Arşiv since 2020. It's electronic and integrates with the tax authority automatically. We handle setup during company formation (typically included in the base fee).

Duties depend on HS code and country of origin. For EU goods, most duties are 0% under Customs Union. For China/US goods, rates vary (typically 5-20%). We work with customs brokers we trust.

Yes. You need your passport, Turkish tax ID number (we get this on day 1), and — for most banks — proof of address. We coordinate appointments at expat-friendly banks (Garanti BBVA, DenizBank, ING Turkey).

Owning a Turkish company with active business can support a short-term residence permit. After holding it for 5+ years, long-term permit becomes possible. We work with immigration lawyers we trust — not a DIY path.

Individual rental income is taxed as "Gayrimenkul Sermaye İradı" — progressive rates 15-40% after a standard deduction. Annual declaration filed in March. Corporate tenants withhold 20% at source, offset against your tax.

Investment-based citizenship requires $400K real estate investment or $500K fixed capital. Company ownership alone isn't enough — but we coordinate with citizenship lawyers if this is your path.

The company continues independently. We can continue managing it remotely. If you want to wind it down, we handle the liquidation (3-6 months process).

Fixed monthly retainers: €200-500/mo for sole proprietorships and simple LLCs, €500-1,500/mo for LLCs with imports/exports or multiple revenue streams, €800-2,500/mo for subsidiaries of foreign companies.

Email and WhatsApp: within 4 business hours. Urgent issues (tax deadlines, audit letters): same-day. Working hours are 09:00-18:00 GMT+3 (Istanbul), Monday-Friday.

Yes. 80% of our international clients communicate entirely remotely. Video calls replace in-person meetings. Document signing happens via notarized PDF or power of attorney.

English (professional) and Turkish (native). For Arabic or other languages, we coordinate with trusted partners.

International wire transfer (EUR/USD), Wise, or Revolut. Monthly retainers billed in advance. Setup fees: 50% to start, 50% on completion. All invoices include full breakdown, no surprise charges.