According to the new law passed, the required minimum capital for establishing companies in Turkey will be increased starting from 01.01.2024
Currently, the minimum capital for Limited Liability Company (LLC), the most common type of company in Turkey, is set at 10.000 TL. And will be increased to 50,000 TL.
The minimum equity capital amount specified as 50,000 TL for joint-stock companies according to the relevant provision of the Turkish Commercial Code will be increased to 250,000 TL, the minimum initial capital amount set at 100,000 TL for non-public joint-stock companies that have adopted the registered capital system has been raised to 500,000 TL
CeydaYG Law Office in Antalya approaches our clients’ requests with an understanding of their own circumstances. By assessing clients requirements, as Company Lawyers in Antalya , we guide you to the most suitable company type that meets with your needs. We also assist our clients with providing an address for the Turkish company set up. As commercial lawyers in Antalya, we see the establishment of companies as a starting point for a lasting attorney-client relationship in the Turkish commercial life.