Company type
Limited Liability Companies (LLC)
Information published relating to company officers
No public register of company owners
Accounting requirement
Accounting / reporting is mandatory
Taxation
Tax Avoidance on Corporate and Personal Income
Legislation
Modern corporate structure
Standard currency
Turkish Lira (TRY)
Time to form
Fast : 2 weeks formation time
Stability
Very stable jurisdiction
Secretary required
Yes
Paid up capital requirement
No capital required
Basis of legal system
Common Law
Minimum directors/shareholders
Minimum of 1 director and 1 shareholder.