Closing a business in Turkey is not as simple as stopping operations. If you want a clean and legally safe exit, you must follow a company liquidation process in Turkey that properly documents the decision to dissolve, appoints liquidators, settles debts, and completes registrations and filings. Foreign shareholders often underestimate how much time and compliance […]
Yes—you can incorporate a company in Turkey with a virtual office in many cases. But whether it is a good idea depends on your business activity, banking expectations, tax inspection risk, and how much “substance” your operation needs. Foreign founders often choose a virtual office to reduce costs and move fast, only to face delays […]
If you are planning company formation in Turkey, you should budget for more than just Trade Registry fees. The true cost of setting up a company in Turkey includes incorporation expenses, foreign-document formalities, office/address costs, professional fees, banking/compliance setup, and the first months of ongoing obligations. This guide breaks down the typical cost items for […]