What to Do After Starting a Company in Türkiye in 2025
Establishing a company in Türkiye is only the beginning. To ensure smooth operations and legal compliance in 2025, business owners must follow a series of post-incorporation steps. These steps are not only crucial for operational readiness but are also mandatory under Turkish commercial and tax law.
Below is a comprehensive guide to the necessary actions after company formation in Türkiye.
Tax and Financial Obligations
- Tax Office Registration: Upon company registration, your business is automatically recorded in the relevant tax office via the Trade Registry system. Despite this automation, you may still need to deliver additional documents such as the articles of association and signature circular to the local tax office.
- Appointing a Financial Advisor: Engaging a certified public accountant (SMMM) is a legal requirement in Türkiye. Your financial advisor will manage tax filings (including VAT and corporate tax declarations) and ensure financial compliance.
Trade Registry Gazette Announcement
All newly founded companies must publish an official announcement in the Trade Registry Gazette. This step finalizes the incorporation process and confirms your company’s legal existence to third parties.
Hiring Employees and SGK Registration
- Registering Employees: If you plan to hire staff, their employment must be reported to the Social Security Institution (SGK). Employment contracts must be arranged accordingly.
- Occupational Health and Safety: Companies with more than 10 employees are required to appoint a workplace doctor and occupational safety expert by law.
Banking and Capital Deposits
- After incorporation, open a corporate bank account in Türkiye.
- For limited liability companies, at least 25% of the pledged capital must be deposited into this account within the legal time frame.
Licenses and Special Permits
Your business activity may require regulatory approvals from specific authorities:
- Restaurants and cafes need a municipal operation license.
- Construction, education, and health-related businesses may require additional permits from relevant ministries.
Make sure to check industry-specific requirements and apply for necessary licenses to avoid penalties or business disruptions.
Additional Requirements for Foreign-Owned Companies
International entrepreneurs setting up companies in Türkiye must comply with special documentation rules:
- Document Translations: Notarized Turkish translations of foreign shareholders’ passports and proof of residence are required.
- Consular Approval: For foreign legal entities as shareholders, company registration documents must be authenticated at a Turkish consulate abroad.
- Work Permits: If the company plans to employ foreign nationals, an application must be filed with the Ministry of Labor and Social Security.
Additionally, clearly outlining shareholder rights and responsibilities in the corporate charter can prevent future legal issues.
Accounting and Invoicing Procedures
- Electronic Invoicing: Registration with the Revenue Administration’s e-Invoicing system is mandatory. All subsequent invoicing must be completed through this system.
- Pre-Accounting Software: Using digital tools like Paraşüt or Mikro for internal financial tracking is highly recommended for operational efficiency.
Operational Readiness
After legal duties are fulfilled, focus on building your business infrastructure:
- Marketing Strategy: Develop a digital marketing plan, including SEO, social media campaigns, and local advertising.
- Supply Chain Setup: Identify and contract with reliable suppliers if your business entails physical goods or services.
Conclusion
Starting a company in Türkiye in 2025 involves more than just registration. From tax compliance to legal disclosures and operational planning, founders must handle multiple obligations following incorporation. Foreign investors should be especially attentive to document translations and consular validations.
By systematically addressing these post-registration steps, your business in Türkiye will be poised for success and regulatory compliance. For detailed procedures or professional support, consult a licensed financial advisor or attorney familiar with Turkish corporate law.