2025 JOINT STOCK COMPANY ESTABLISHMENT COSTS 794$ IN TURKEY
2025 JOINT STOCK COMPANY ESTABLISHMENT COSTS IN TURKEY
The cost involved in the registration process of a joint stock company is one of the most frequently asked questions by those wishing to establish a joint stock company in Türkiye. Entrepreneurs who choose a joint stock company to establish a strong corporate image and a reputable start-up often need the most information when developing a suitable action plan for their company, including the cost of the company's registration and subsequent monthly operations.
After a joint stock company is officially established, organizing advertising, marketing, and sales processes—in other words, generating revenue—will take some time. Knowing the joint stock company's monthly expenses during these processes will help develop a commercial roadmap and help company owners develop a more robust business plan.
2025 JOINT STOCK COMPANY JSC SET UP COST IN TURKEY
One of the most frequently asked questions by entrepreneurs who want to establish a joint stock company in Türkiye is the total costs to be paid during the registration and registration process of the company.
Some of the most frequently asked questions by entrepreneurs are; “How much did it cost to establish a joint stock company in Türkiye in 2025? How much are the establishment expenses of a joint stock company in Türkiye in 2025? What are the total expenses for establishing a Turkish joint stock company? What are the opening expenses of a joint stock company in 2025? What is the total cost of establishing a joint stock company in Türkiye in 2025? Accounting fees of a joint stock company in Türkiye? joint stock company in Türkiye jsc. How much does it cost to establish? JSC in 2025 How much does it cost to establish? Türkiye Jsc. How much were the opening costs of ?”
We made a sample cost study for foreign entrepreneurs about the establishment of a joint stock company in Türkiye. The expenses we have mentioned in the example are the minimum expenses that an entrepreneur who is not a citizen of Türkiye will incur when establishing a company in Türkiye in 2025.
2025 JOINT STOCK COMPANY SET UP EXPENSES IN TURKEY
The main expenses encountered when setting up a joint stock company in Türkiye are; Notary charges, sworn translator charges, chamber of commerce registry and announcement charges, joint stock company formation service fee and tax office registry charges. Let's explain these charges with an example table;
2025 Joint Stock Company Sample Formaiton Cost Study;
Company name; Blue Electronic Products Trade Joint Stock Company Informations
Founder/Partner; One (1) Person - Non Turkish Citizen
Manager of the company; One (1) Person - Co-founder
Company Capital; 250.000 TL. The minimum capital required for joint stock company.
Employee ; None
Sector of the company; Electronic Products
Monthly Rent of the workplace; 30.000 TL
1- 2025 Joint Stock company formation notary fees; 232 $
Passport translation Turkish; 62 $
Signature circular of the company director; 96 $
CPA Accounting Pawor Of Attorney; 88 $
Note: Company founder should come to chamber of commerce. And founder should sign company set up documents. If the founder don’t come to the chamber of commerce for signature, there will be 88$ around additional notary fees for the company set up power of attorney.
2- 2025 Joint Stock company chamber of commerce registy fees; 262 $
In order to establish a joint stock company in Türkiye, registration is made with the chamber of commerce. Chamber of commerce registration fees start from approximately 262$.
Note; Chamber of commerce registration fees are determined according to criteria such as the number of partners of the company, the amount of capital, and the number of fields of activity.
3 – Company Formation And Sworn Translator Service Fee; 290 $
4- Tax Office Registry Charges; 10$ around (Stamp taxes of the lease agreement and accounting agreement)
2025 TOTAL COST OF JOINT STOCK COMPANY SET UP IN TURKEY $794 USD
Note 1; The total cost in the example are the minimum charges required to establish a joint stock company in 2025 in Türkiye. On the other hand, your company may have expenses such as municipality license charges, ministry permission and license charges related to its field of business, in terms of its field of activity and characteristics.
Note 2; If your joint stock company will be shopping centre and retail sales, please add avarage 145 $ cash register and pos device expenses. (Some banks may offer cash register POS device free of charge, depending on the agreement)
Note 3; Sample cost study and expense items are for one non of Turkish citizen (foreign) partner.
Note 4; During the joint stock company establishment process, at least one-quarter of the capital must be available and blocked in the bank account to be opened. The blocked capital amount can be withdrawn the same day after registration. Therefore, it is not included in the cost.
Note 5; The Sample Cost study is for informational purposes and was prepared for the establishment of a joint stock company in Istanbul in 2025. In other regions, costs may differ slightly. Request a cost quote according to the city you are in and the characteristics of your business.
Ask for a quote to get a free up-to-date cost sheet for your business.
Frequently asked questions about set up a joint stock company in Türkiye
1- Can foreigners set up a joint stock company in Türkiye?
Yes. Citizens of all countries can establish a joint stock company in Türkiye. Türkiye encourages foreign entrepreneurs. Laws have simplified the process of establishing a company for foreigners.
Foreign entrepreneurs who establish a company in Türkiye are subject to the same rights and obligations as Turkish citizens. If you come to our office with your passport, all transactions are carried out by us.
2- What documents are required for foreigners to set up a company in Türkiye?
A valid passport is enough for foreigners to set up a joint stock company in Türkiye. We are preparing other all other necessary documents. Company set up process takes three or four business days.
3- What is the total cost of establishing a joint stock company in Türkiye?
The total cost for foreign entrepreneurs to establish a company in Türkiye starts at 794$. This is the total cost. All expenses incurred for establishing the company are included. The total cost is determined based on criteria such as the number of partners, amount of capital, and the language to be translated.
4- Is a workplace required to set up a joint stock company in Türkiye?
A workplace address is necessary to set up a company in Turkey. But, if you do not need a workplace for your company, you can use a virtual business address. Company set up at a virtual business address is legal in Turkey. It is a very cost-effective option for those who do not need a workplace.
5- How much does it total cost to set up a joint stock company at a virtual business address in Türkiye?
Virtual office fees vary depending on the features of the virtual office to be preferred and needs. You can calculate of the cost of set up a joint stock company in a virtual business address start from 850$.
If you don't need a workplace for the company you want to establish in Türkiye, you can establish your company with just your passport, including the virtual office rental, for a total cost of around $850.
6- How much capital is required to set up a joint stock company in Türkiye?
To set up a joint stock company in Türkiye, the legal capital is at least 250.000 TL. The capital amount should written in the company main contract.
To officially establish a joint-stock company, at least one-quarter of the company's capital must be deposited into the company's bank account. Therefore, opening a bank account is important during the incorporation process.
7- How many days does it take to set up a joint stock company in Türkiye?
Joint Stock company set up process in Türkiye is completed within an average of three or four business days. This is the approximately time. Unless there are special circumstances, joint stock company establishment procedures are generally completed within four business days. The company is ready on the fourth day.
8- Can I open a bank account If I set up a joint stock company in Türkiye?
A joint stock company to be established in Türkiye is a legal entity separate from its owner. As a legal entity, a joint stock company can always open a bank account. It can conduct banking transactions. There is no legal restriction for opening a bank account.
However, banks are different institutions. Each bank has different rules and conditions. Some banks may impose restrictions on the banking transactions of companies with foreign partners, based on their own internal practices. And employees at some banks may be reluctant to open bank accounts for people who do not speak Turkish due to communication problems.
Our recommendations for opening a bank account for a company to be established in Türkiye are as follows:
-Apply to bank branches in the areas where your company is located.
-Choose branches that are not overcrowded.
-Some banks have employees who speak languages other than Turkish. Your transactions will be handled more easily at a bank branch with an employee who speaks your language.
-Explain your business carefully to the bank employee.
-If possible, keep the company's capital with you in cash. Tell the bank employee that you want to deposit company capital into the company's bank account. Having cash with you will make the bankers more positive.
We assist our clients with opening a bank account if they wish. We help identify suitable banks and facilitate effective communication with the bank.
9- Can a single foreign person set up a joint stock company in Türkiye?
Yes. A joint stock company can be established in Türkiye by a single foreign person. There is no requirement to have a partner or a Turkish citizen as a partner. A foreign person can establish a joint stock company in Türkiye. He/she can be the legal representative of the established company.
For a foreigner to establish a joint stock company, the most important step is to open a bank account during the company's incorporation process.
10- Can foreigners be the legal representative/manager of a company they establish in Türkiye?
Yes. Foreign entrepreneurscan be the legal representative of the established company. They can manage the company they established alone. They can conduct business with this company. There is no restriction for this.
11- Is it necessary to obtain a residence permit or work permit to set up a joint stock company in Türkiye?
A residence permit or work permit is not compulsory to establish a joint stock company in Türkiye. A joint stock company is a separate legal person. This legal entity (company) registered in Türkiye can engage in commercial activities. It can do business. In other words, only a passport is sufficient to set up a joint stock company in Türkiye.
On the other hand, if you are going to reside in Türkiye, obtaining a residence permit is beneficial. We also assist our clients in obtaining residence and work permits if they need the
12- Can a person who set up a joint stock company in Türkiye get a work permit?
Yes. After set up a joint stock company in Türkiye, the company owner can apply for a work permit if they wish.
There are two options for applying for a work permit:
Option 1:
-A residence permit must be valid for at least 6 months.
-The company's paid-in capital must be at least 500.000 TL.
-At least 5 Turkish workers must be employed in the years following the first year.
Option 2:
-A residence permit must be valid for at least 6 months.
-The company's paid-in capital must be at least $100.000 USD.
-Employing Turkish workers is not mandatory.
13 - Is it easy for foreigners to set up a joint stock company in Türkiye?
Foreigners establishing a company in Türkiye is made easier by law. Foreigners can establish a company and conduct business with their passports. The most important thing for establishing a company in Türkiye is to seek the help of the right team with experience in company establishment procedures for foreigners.
As a foreigner, the most significant challenge you may encounter when establishing a joint-stock company is opening a bank account and depositing the company's capital. If, for any reason, a bank account is not opened during the company establishment process, the company cannot be officially established.
We have established more than a thousand companies in Türkiye for foreigners to date. We offer all the services foreigners need to do business in Türkiye, including company establishment, virtual office rental, bank account opening, accounting consulting, company secretarial services, and residence and work permit applications, all packaged at affordable prices.
At first, we prepare a daily cost table specific to your business, FREE of charge. You can always contact us for your questions and support.
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