How to set up a company in Turkey? | 10 Steps of starting a business in Turkey?

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  • Опубліковано 21 гру 2024

КОМЕНТАРІ • 112

  • @olivernjoku3110
    @olivernjoku3110 2 роки тому +2

    Thanks for the valuable information👍.
    I heard from an accountant that I need to employ 5 Turkish citizens if I want to setup and run a company in Turkey. Is this correct?
    However, I met foregn company owners in Isatanbul (2 people) having a company fully registered on their names.
    How does this work?
    Many thanks for helping?

    • @SerifTheBroker
      @SerifTheBroker  2 роки тому +1

      You can own your own company as foreign investor. to employ foreign citizen you need to hire 5 turkish that’s right

    • @olivernjoku3110
      @olivernjoku3110 2 роки тому

      @@SerifTheBroker Thank you very much.
      But I also met 2 african entrepreneurs in Istanbul (no emplyees, just 2 of them) owning a Turkish company. Is there a special law for special cas3s?

    • @jamilanizamani8866
      @jamilanizamani8866 2 роки тому

      Any other condition for not hiring 5 employees?

    • @noorlu5209
      @noorlu5209 Рік тому

      @@SerifTheBroker To get a work permit for myself as a foreigner, I need to first employ 5 Turkish citizens. Is this right ?

  • @pauls9711
    @pauls9711 2 роки тому +1

    Great discussion, thanks! I have a question - how common is it for startups in Turkey to incorporate in Delaware, USA? Thanks!
    Paul Swegle

    • @SerifTheBroker
      @SerifTheBroker  2 роки тому

      Most common issue is motorboat owners have their company registrations in Delaware. But not common for startups

  • @misfitmuslimah7028
    @misfitmuslimah7028 3 роки тому +2

    This video is very informative! thank you for taking the time to explain it to us. IF I want to start a company and buy farmland, do I need to register the business in the area I want to buy the land?

  • @rasalkhaimah
    @rasalkhaimah 2 роки тому +1

    Asselmu Alyekm Serif, Do you take care of all the process from A-Z? Thank You.

    • @SerifTheBroker
      @SerifTheBroker  2 роки тому +1

      Yes

    • @rasalkhaimah
      @rasalkhaimah 2 роки тому +1

      @@SerifTheBroker Thank you for your prompt reply. Do I need to hire 5 Turks in order to get a work permit if I'm the sole owner/manger of a company?

    • @SerifTheBroker
      @SerifTheBroker  2 роки тому

      @@rasalkhaimah As a sole owner you don’t need work permit

    • @rasalkhaimah
      @rasalkhaimah 2 роки тому +1

      @@SerifTheBroker OK. As soon as I arrive from The Netherlands I will contact you. Thank you.

    • @SerifTheBroker
      @SerifTheBroker  2 роки тому

      @@rasalkhaimah anytime you can whatsapp me on +902128030105

  • @ArzDigital
    @ArzDigital 3 роки тому +1

    could you help me in this process?

  • @ArzDigital
    @ArzDigital 3 роки тому +1

    Big Deal / as a youtuber I need to set up a company but there is a rule in turkey about foreigners owner. I have to employ 5 Turkish people. is there any specific rule for somebody like me who is living in turkey?

    • @SerifTheBroker
      @SerifTheBroker  3 роки тому

      You can be alone or employ people it is up to you.

    • @ArzDigital
      @ArzDigital 3 роки тому

      @@SerifTheBroker could you help me in this process?

  • @frazhassan
    @frazhassan 4 роки тому +2

    Thank you so much.
    So much valuable information and you have described it in a very clear and precise manner. 👏
    One question Which I have is below:
    Is it necessary for every expatriate living in Turkey to get a tax number?
    Highly appreciate your kind time and feedback.

    • @SerifTheBroker
      @SerifTheBroker  4 роки тому +1

      Fraz Hassan If you are going to open bank account, or having electricity or water memberships or purchasing property you need

    • @frazhassan
      @frazhassan 4 роки тому +1

      @@SerifTheBroker Thank you again so much.
      How can we reach you?

    • @SerifTheBroker
      @SerifTheBroker  4 роки тому

      Fraz Hassan +902128030105 You can whatsapp me brother.

  • @galagomara3611
    @galagomara3611 2 роки тому

    Thanks for this informative video. Is it possible to create an individual company than few months later convert it into a limited company?

  • @ozairakhtarcom
    @ozairakhtarcom 4 роки тому +1

    I want to register my IT company in Turkey. What's the cost, procedure, and timeline? It'll have remote workers.

  • @zinebmandouch3410
    @zinebmandouch3410 4 роки тому +1

    Am thinking to set up a company about estetik danışmanlık. Ne tavsiye edersiniz. İndividual company mi olsun yoksa limited company mi. Ve genellikle whats the minimum i should have to set the company up. Thank you

  • @mohmedl-oubeid9976
    @mohmedl-oubeid9976 3 роки тому +1

    hello, can you please explain the VAT Tax if I want to sell a product to outside turkey? i,m not Turkish

    • @SerifTheBroker
      @SerifTheBroker  3 роки тому

      When you are exporting product outside Turkey, you are going to sell 0% vat this is advantage.

  • @saifwhynotme
    @saifwhynotme 3 роки тому +1

    Very useful and detailed video. I have been living here in Turkey for the past 4 months but still have not received my residence permit. In this case would there be any issues if I set up a company?

    • @SerifTheBroker
      @SerifTheBroker  3 роки тому +1

      Mohammed Saif you can establish your company will not affect your business

  • @Neveshtaneh
    @Neveshtaneh 2 роки тому +1

    Hi Serif,
    Thank you for the video.
    I am planning to establish an online language institute in Turkey. I have no partners and there is only me with the idea and financial support.
    Do I have to set up a Limited company for this? And can you please tell me a rough estimation of the amount of money I need from A to Z?

    • @SerifTheBroker
      @SerifTheBroker  2 роки тому +1

      Yes one limited company would be fine

    • @SerifTheBroker
      @SerifTheBroker  2 роки тому +2

      Rough cost I don’t want to tell exact numbers but couple thousand dollar will be fine for everything

    • @Neveshtaneh
      @Neveshtaneh 2 роки тому

      @@SerifTheBroker Thanks for the information Serif.

  • @fayzabasty6496
    @fayzabasty6496 Рік тому

    After opening limited company in which visa i can stay there to look after my business?

  • @ruun3234
    @ruun3234 3 роки тому +1

    Thanks serif bey for the info, i may ask you,does health coverage include the taxes or one should be paying separately for health insurance?
    And can someone setup an idivitual company in turkey if they've already a one year residence permit

    • @SerifTheBroker
      @SerifTheBroker  3 роки тому +1

      health insurance is a separate issue that you should pay for it , for the company question yes you can set up your individual company

  • @deestinykitchen4622
    @deestinykitchen4622 3 роки тому +1

    How much money can you earn each year before getting taxed thanks

  • @bahmirhodzic9092
    @bahmirhodzic9092 4 місяці тому

    Merhaba,moźete li na Bosanskom jeziku objasnit ovaj postupak otvaranje firme ? Hvala.

  • @shehmirjavaid2292
    @shehmirjavaid2292 3 роки тому

    Thank you so much. The video answered all my questions!

  • @williammccoy9340
    @williammccoy9340 3 роки тому +1

    As Salaamu Alaikum, brother. Thank you for reaching out. I appreciate your time. I will try to contact tomorrow (Wednesday) if that is alright with you?

    • @SerifTheBroker
      @SerifTheBroker  3 роки тому

      Yes of course

    • @williammccoy9340
      @williammccoy9340 3 роки тому

      @@SerifTheBroker as Salaamu Alaikum, brother. Sorry I missed you today. Tried calling. I think this is an office? If so, I can try to call earlier, during business hours. Feel free to reach me directly: william.joseph.mccoy@gmail.com, 001-202-868-7971, Wasalaam.

  • @S1VR1-HMK
    @S1VR1-HMK 4 роки тому +1

    Öz güvenli olmanız sizi her zaman başarılı gösteriyor bende gayrimenkul danışmanlığı yapıyorum ve sizi izledikçe hep bişeyler öğreniyorum.
    Bunun için size teşekkür ederim
    Şerif The Broker

    • @SerifTheBroker
      @SerifTheBroker  4 роки тому +1

      Can Kayıkçı çok teşekkür ederim, gelecekte anlatmamı istediğiniz konular olursa plana almayı çok isterim.

  • @shamilabdullah5514
    @shamilabdullah5514 3 роки тому +1

    Really so much helpful for me ❤️

    • @SerifTheBroker
      @SerifTheBroker  3 роки тому

      Thank you so much, any questions more than welcome

  • @tansukurtoglu3019
    @tansukurtoglu3019 4 роки тому +1

    Very good information, thank you the Broker :)

  • @rishi4071
    @rishi4071 4 роки тому +1

    Thank you bro for your valuable informations.

  • @stevenfew6610
    @stevenfew6610 3 роки тому +1

    Salaam
    How much will the process cost for TRC & formation of company in turkey (25k)
    Also set up for office rental & documentation, hiring of one worker .
    The amount we need to show in the bank for 1 year.

    • @SerifTheBroker
      @SerifTheBroker  3 роки тому

      Around 5000 TL set up cost. Other costs vary but for 2 thousand dollar you can sort it out evertything my opinion

  • @dogannadivarli
    @dogannadivarli 4 роки тому +1

    Very useful information , thank you for the video

  • @avivasanta1379
    @avivasanta1379 4 роки тому

    Very reliable and profitable investment to open a company in Turkey. We re looking for a place on your website for our new office☺️

  • @MertKalafat
    @MertKalafat 4 роки тому +1

    Kaleminiz guzelmis 👌

    • @SerifTheBroker
      @SerifTheBroker  4 роки тому

      Teşekkürler Mert bey, kalemden anlıyorsunuz

  • @mdnazmulislamkhan2402
    @mdnazmulislamkhan2402 3 роки тому +1

    Assalamualaicum Serif, Thank You very much for this nice informative video. Very good job! Now I need to know an information - as a foreigner if I want to act as a Manager/Managing Director in my Limited Company then do I need to deposit 100,000 TL as Paid Capital? Thank you again. Maassalam

  • @mohammedazeemi7568
    @mohammedazeemi7568 4 роки тому +1

    As a foreigner, is it compulsory to hire Turkish citizens to work in my company?
    I heard I need to hire minimum of 4 people.
    Thank you

    • @SerifTheBroker
      @SerifTheBroker  4 роки тому +1

      Mohammed Azeem for each 1 foreigner staff you are planning to hire, you need to hire 5 Turkish

    • @mohammedazeemi7568
      @mohammedazeemi7568 4 роки тому +1

      I really appreciate your reply!
      So if I as a foreigner open a Ltd company and I’m the director/Owner myself, do I have to still hire 5 Turkish citizens.
      Thank you

    • @SerifTheBroker
      @SerifTheBroker  4 роки тому +1

      Mohammed Azeem No you don’t need to. you can still be 100% owner and director of the company.

    • @noorlu5209
      @noorlu5209 Рік тому

      @@SerifTheBroker I believe you misunderstood his question. In order to work with his own company and GET A WORK PERMIT, does he need to first hire 4 turkish citizens ? Because the ikamet alone does not allow us to work in Turkey...

  • @aymanbakir
    @aymanbakir 4 роки тому +1

    Hi, thank you for the information.
    I have couple of questions as I am getting my turkish nationality soon:
    - what is the company setup cost for Turkish National is it similar to what you mention in the video ?
    - what are the facilities that turkish owners will get for their companies ?

    • @SerifTheBroker
      @SerifTheBroker  4 роки тому +1

      Thank you Ayman,
      Company setup costs are same for everybody. Only difference for Turkish nationality you don't need passport translation. If you can be more specific about facilities you are looking for I can be helpful. 👍

    • @sardarumairanwar7871
      @sardarumairanwar7871 4 роки тому

      Can I have your WhatsApp number please? Need to contact for setting up a company. I am in Turkey be would be grateful if you could assist please.
      Regards

    • @SerifTheBroker
      @SerifTheBroker  4 роки тому +1

      Sardar Umair Anwar +902128030105

  • @coolcaglar
    @coolcaglar 4 роки тому

    Thank you for the detailed explanation. I really like your videos 👍 Keep going👏

  • @mohamedalhebri8045
    @mohamedalhebri8045 4 роки тому +1

    How I can make an export medical company
    İn Istanbul

    • @SerifTheBroker
      @SerifTheBroker  4 роки тому

      Mohamed Alhebri you need to establish company

  • @musababdulkareem7666
    @musababdulkareem7666 4 роки тому +1

    Very good video , keep it up 👍🏻

  • @scherryltduk2224
    @scherryltduk2224 3 роки тому +1

    I want to open a company for e commerce business. I am fro Pakistan. How may you help me ?

    • @SerifTheBroker
      @SerifTheBroker  3 роки тому

      Shehriyar Khalil you can contact me on +902128030105 by whatsapp

  • @omarjuma9463
    @omarjuma9463 2 роки тому +1

    Hi , I am a British National of Arab origin , I would like to set up a servixe company engaged in digital marketing and graphic design , this is mainly to service my company in Uk , this way i can tap into proffessional servixe at a reasonable price . plan is to have a small office with 2 employees . can you advise and help

    • @SerifTheBroker
      @SerifTheBroker  2 роки тому

      Are you currently in Istanbul? Or will you be coming soon?
      Yes sure if you can write on our whatsapp +902128030105 I can answer your questions.

    • @lenapehokingstate2634
      @lenapehokingstate2634 2 роки тому +1

      @@SerifTheBroker what city are you based out of?

    • @SerifTheBroker
      @SerifTheBroker  2 роки тому

      @@lenapehokingstate2634 istanbul

  • @4kGroup
    @4kGroup 3 роки тому +1

    Your content is excellent. Our property investment page is in Turkey

    • @SerifTheBroker
      @SerifTheBroker  3 роки тому

      thank you , you are welcome to contact me through WhatsApp +902128030105

  • @williammccoy9340
    @williammccoy9340 3 роки тому +1

    As Salaamu alaikum Serif. Thank you for sharing this video, I have gained a lot of insight in the working of doing business in Turkey. I am an American living in the Washington DC area and I am interested in organizing a business in Turkey. I am just finishing up a proposal and would love to hsare it with you. Let me know if you are interested. Take care, Wasalaam.

    • @SerifTheBroker
      @SerifTheBroker  3 роки тому

      Aleykum Es Selam. You can whatsapp me on +902128030105. Will be happy to hear details.

  • @onurozdemir4674
    @onurozdemir4674 3 роки тому +1

    Türkiyede yatırım yapılacak gelecek vadeden sektörlere ve yatırımcı,ortak arayan şirketlere yönelik de bir çalışma yapabilirsiniz başarılarınızın devamını dilerim

    • @SerifTheBroker
      @SerifTheBroker  3 роки тому +1

      Güzel fikir üzerinde çalışacağız. Teşekkürler

  • @UmarZargar01
    @UmarZargar01 3 роки тому

    i will Registration limited (Garnal )partnership
    How i will registration in Turkey

    • @SerifTheBroker
      @SerifTheBroker  3 роки тому

      you can register with an accountant or lawyer help

  • @Anees0049
    @Anees0049 4 роки тому

    How Many vat Tax goods import Tax duty form India

  • @enesyldrm8361
    @enesyldrm8361 4 роки тому +1

    Afiyet olsun Şerif bey :))))

  • @s.sarefin2437
    @s.sarefin2437 3 роки тому

    Would you please arrange Visa for me and my wife? Please let me know.

  • @nayabhaider978
    @nayabhaider978 2 роки тому +1

    Merhaba Abi

  • @lihi837
    @lihi837 3 роки тому +1

    made me laugh when you said İf you make profit “”hopefully”” LOLLLL
    Thank you for the useful info 👍

  • @nayabhaider978
    @nayabhaider978 2 роки тому

    ben istanbula gelmak istiyorum bana istdi yapan adim lazim

  • @nayabhaider978
    @nayabhaider978 2 роки тому

    Abi ben pakistandan gursyorum

  • @ghostofathens6600
    @ghostofathens6600 4 роки тому +3

    It’s not worth opening a company in turkey better in other counties

    • @basharalzoubi2522
      @basharalzoubi2522 4 роки тому

      ده انا-شننىةىك٧ذذ.و»(""

    • @defenderofdecency7218
      @defenderofdecency7218 3 роки тому

      Please give example/explanation on why it’s not worth it so we can have an informed info.

    • @MuneebKhan
      @MuneebKhan Рік тому

      Don't Just talk bullshit without any strong reason

  • @parstondar1583
    @parstondar1583 2 роки тому +1

    I intend to register a limited liability company in the field of engineering. I have gathered all the necessary information so that I can use the fact that I am registering a company in Turkey and I am working with a job manager If I do this , I will have to pay a fine of 10,000 liras to the labor administration every month
    My main question is that at the end of the year I spent 60,000 liras in one of the institutions of the Turkish state and the capital of the first company limited is not more than 10,000 liras Does the company ask me to do the same in terms of work or tax administration that is a government institution and is dependent on the state or do I have to pay the remaining 50,000 pounds and receive it from my personal bank account?

    • @SerifTheBroker
      @SerifTheBroker  2 роки тому

      I didn’t understand at all. What is this fine about

    • @parstondar1583
      @parstondar1583 2 роки тому +1

      @@SerifTheBroker hi my main quastion is if my llc have debt to goverment , is limitet to initial capital or i must pay by my self

    • @SerifTheBroker
      @SerifTheBroker  2 роки тому

      @@parstondar1583 you both liable on debts

    • @parstondar1583
      @parstondar1583 2 роки тому

      @@SerifTheBrokerthank you