Connection Middle East

Registering a Limited Şirket (LLC) in Turkey: Foreign Ownership and Capital Rules

A comprehensive practical guide to setting up a Turkish Limited Company, opening lira and foreign currency bank accounts, and trade logistics.

Registering a Limited Şirket (LLC) in Turkey: Foreign Ownership and Capital Rules

Turkey: The Strategic Bridge Across Three Continents

Connecting Europe, the Caucasus, and the Middle East, the Republic of Turkey represents a powerhouse manufacturing base and consumer market exceeding 85 million people.

Foreign founders commonly incorporate a Limited Şirket (Ltd. Şti.), benefiting from full 100% foreign equity participation under the Turkish Foreign Direct Investment Law.

Corporate Parameters of a Limited Şirket

  • Minimum Statutory Capital: The statutory minimum capital is currently 50,000 TRY, payable within 24 months of registration.
  • Foreign Ownership: Foreign natural persons and corporate entities can hold 100% of share capital without mandatory domestic Turkish partners.
  • Corporate Tax Framework: The standard corporate income tax rate is 25% (with reduced rates for export and manufacturing entities).

Strategic Commercial Utility

A Turkish entity enables international founders to manage regional assembly, source high-grade industrial components, and maintain commercial multi-currency bank accounts with leading Turkish institutions (Garanti BBVA, İşbank, and VakıfBank).

This material is for general information only and is not legal, tax or investment advice.

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