HOW TO ESTABLISH A JOINT STOCK COMPANY IN TURKEY?
HOW TO ESTABLISH A JOINT STOCK COMPANY IN TURKEY?
A joint stock company is one of the most preferred types of companies in Turkey due to its high prestige and reputation, as well as its suitability for multi-partner operations. Each type of company has various advantages and disadvantages depending on its structure. One of the key features that distinguishes a joint stock company from other types of companies is its multi-partner corporate structure. It is particularly well-suited for operations with more than 50 partners.
In Turkey, joint stock companies stand out with the high corporate image they provide. In this article, we have compiled frequently asked questions about a joint stock company, including its characteristics, establishment process, costs, and monthly expenses. If you have decided to establish a joint stock company for your commercial activities, you can review the details to learn about the advantages, requirements, establishment costs, and establishment processes of a joint stock company.
WHAT IS A JOINT STOCK COMPANY?
A joint stock company is a legal entity whose capital is divided into shares, and where the partners are liable only to the extent of their subscribed capital. In joint-stock companies, shareholders are obligated to pay the capital they have committed to pay to the company. The company is liable with its own assets for debts incurred as a result of the company's operations. Partners have no legal liability for company debts with their personal assets, other than the capital they subscribe to. This form of joint-stock company structure protects the company's capital partners from debts and liabilities arising from the company's operations.
In Turkey, a joint-stock company, despite having a corporate structure, can be established by a single person. There is no restriction on the number of partners in a joint-stock company. However, if the number of partners exceeds 500, the company is subject to the Capital Markets Board (CMB) obligations. If you wish your company to be publicly traded and publicly traded, the joint-stock company structure is suitable for this purpose.
In Turkey, joint-stock companies can be established by both individuals and legal entities. Partners can include both individuals and legal entities. A joint-stock company is established with at least one partner and under a single trade name. The operating capital of a joint-stock company is recorded and registered in the company's articles of association. The company's capital consists of the total shares held by the company's shareholders. Shareholders are not liable for debts incurred as a result of the company's operations.
A joint stock company has two bodies: the "General Assembly" and the "Board of Directors." At the general assembly, all shareholders have a say in all decisions regarding the company's operations. Critical issues that will affect the company's future, such as the election of the board of directors, amendments to the company's articles of association, dissolution of the company, or the appointment of an independent auditor, are discussed and decided upon at the general assembly. The general assembly is the highest body where all shareholders participate in company management and decisions are made. The board of directors, on the other hand, is the body that makes decisions regarding the daily processes of the company's operations; in other words, it is the body that manages the company. At the board of directors, the board members authorized by the general assembly make decisions. The board of directors may be a single person, or multiple persons may be elected depending on needs and desires. The term of office of board members authorized by the general assembly is a maximum of three years. The same person may be re-elected to the board of directors after a three-year term. The general assembly may dissolve the board of directors and authorize new persons without waiting for the end of the 3-year term.
WHAT ARE THE CHARACTERISTICS OF A JOINT STOCK COMPANY IN TURKEY?
The characteristics of a joint stock company in Turkey are summarized below. You can obtain detailed information about the company structure by reviewing these articles.
1. In Turkey, a single person can establish a joint stock company and serve on its board of directors. However, it can also be established with more than one person. There is no restriction on the number of partners.
2. A joint stock company can be established by either a natural person or a legal entity. Other companies can become partners in a joint stock company as legal entities.
3. A joint stock company must be established with a minimum capital of 250,000 TL. During the establishment process, the company's capital is recorded in the articles of association. At least one-quarter of the capital must be deposited into a bank account and blocked. According to the law, the remaining capital must be deposited within 24 months of the company's incorporation. In addition, partners may, if they wish, specify the capital payment schedule in the articles of association. Or, they can add a clause to the articles of association stating, "The company's capital will be paid on the date requested by the board of directors."
4. Partners of a company are not liable for the company's debts with their personal assets. Shareholders are only responsible for the payment of the capital they subscribe to the company.
5. Joint-stock companies are established with an article of association that defines their operations. The articles of association include details such as the company's shareholders, address, capital, and field of activity. The articles of association are registered with the Trade Registry during the incorporation process and published in the Trade Registry Gazette.
6. A shareholder of a joint-stock company may sell their shares to any person under any terms they choose. There is no requirement to obtain approval from the other shareholders for this.
7. In joint-stock companies, the shareholders' shares must be recorded in the articles of association. Having the shares listed in the articles of association ensures a solid and transparent structure for the joint-stock company.
8. A joint-stock company may issue bearer and registered shares.
9. A joint-stock company may be offered to the public and traded on the stock exchange.
10. A joint-stock company may issue bonds or various debt instruments.
WHY ARE JOINT STOCK COMPANIES PREFERRED IN TURKEY?
The primary reason why joint stock companies are among the most preferred types of companies in Turkey is the commercial prestige and corporate image they provide. A joint stock company has a high commercial reputation with stakeholders such as banks, financial institutions, customers, and suppliers. A joint stock company, which can be established by a single person, offers many advantages to entrepreneurs who do not need a partner for their business activities. Furthermore, the limited liability also makes it a preferred choice by many investors.
From a tax perspective, the fact that joint stock companies are subject to corporate tax and that the taxes paid on income are flat-rate is a reason for their preference by many entrepreneurs. Compared to sole proprietorships, the income tax rate on sole proprietorships can rise to as much as 40% as income increases. However, regardless of the increase in income for a joint stock company, the corporate tax rate on income is a flat 25%. In some sectors and for exporting companies, this rate is applied at 20%. This feature makes joint stock companies particularly advantageous from a tax perspective, especially for medium- and large-scale businesses. In joint stock companies, important issues affecting the future of the company are decided by majority vote at the general assembly.
WHAT ARE THE REQUIRED DOCUMENTS FOR ESTABLISHING A JOINT STOCK COMPANY IN TURKEY?
The documents required for the establishment and registration of a joint stock company in Turkey are as follows:
1. Photocopies of the company partners' IDs. If there is a foreign partner, a passport translation and potential tax identification number. If there is a legal entity partner, a registration certificate.
2. 3 passport-sized photographs of each partner.
3. Office lease agreement
4. If the establishment process is carried out by power of attorney, a notarized power of attorney
5. Articles of association, which specify the company's name, shareholders, address, capital, shareholding ratios, directors, and other information.
6. Trade registry establishment notification form
7. Chamber registration declaration
8. Establishment application petition
NOTE: We prepare the articles of association and chamber of commerce registration documents for joint stock companies. Simply submitting the partners' IDs, photographs, and company establishment information is sufficient. All other processes are handled by our expert team.
HOW TO ESTABLISH A JOINT STOCK COMPANY IN TURKEY?
The establishment and registration process for a joint stock company is the most complicated type of company in Turkey. By following the steps below, you can easily establish your joint stock company. You should pay attention to some important requirements for establishing a joint stock company and conducting commercial activities. If you're curious about the details of the establishment process, you can learn about the requirements by reviewing the steps below.
STEP 1: Determining the Joint Stock Company Name
To establish a joint stock company, you must first determine a company name. The company name should not be the same or too similar to another registered company. The company name must include at least one sector/business field. Example business fields include: IT, medical, food, machinery, metal, consulting, education, engineering, etc. When choosing a joint stock company name, certain words are subject to the approval of the Council of Ministers. To use words such as Turkish, National, Turkey, and Republic, permission must first be obtained from the Council of Ministers.
STEP 2: Determining the Address of a Joint-Stock Company
A business address is required to establish a joint-stock company. Joint-stock companies can be established at a specific address. This address can be an office, shop, store, warehouse, workshop, etc., that you will use for your operations. If you intend to conduct your joint-stock company operations at a specific location, you must first secure the premises. If you don't need a physical office for your business, you can ALTERNATIVELY rent a virtual office address at an affordable cost. Renting a virtual office address is legal. You will receive an invoice for virtual office rental services. You will also not have to pay withholding tax, invoices, or secretary fees. You can move the company address to a different address at any time.
STEP 3: Determining the Correct Address to Receive Services for Establishing a Joint-Stock Company
The MOST IMPORTANT ISSUE for entrepreneurs establishing a joint-stock company is determining the correct address to receive support for the company's incorporation and subsequent monthly financial processes. An experienced and dynamic team in joint-stock company establishment procedures; We prepare all the necessary incorporation documents, ensure your company is properly registered, complete all legal procedures, support you in taking advantage of business incentives and discounts, guide you accurately, and always help you avoid various cost traps. Tax regulations and laws in Turkey are dynamic. In this dynamic environment, a hardworking and experienced team will always move you forward.
HOW MUCH DOES JOINT STOCK COMPANY FORMATION COST IN TURKEY?
The costs of establishing a joint stock company in Turkey vary annually. This is due to changes in trade registry and notary fees at the beginning of the year due to inflation. The minimum capital requirement for a joint stock company is limited by law to a minimum of 250,000 TL. In other words, joint stock companies are established with a minimum capital of 250,000 TL. There is no upper limit on the capital requirement. At least one-quarter (25%) of the capital must be deposited into a bank account when establishing the company.
In addition to the capital to be blocked, registration costs also arise. The main expenses incurred for establishing a joint stock company are: Chamber of Commerce registration and announcement fees, Competition Authority fees for the company's capital, notary expenses, service fees for preparing the company's incorporation and articles of association, company stamps, and stamp duty on lease agreements. These costs may vary slightly depending on the city where you wish to establish your joint-stock company. This difference is primarily due to the differences in registration fees between chambers of commerce in each city. The cost of establishing a joint-stock company is a one-time expense. Once the company is established and receives a tax certificate, you will not need to pay the same expenses again. The costs for establishing a joint-stock company are approximately as follows, based on the minimum requirements.
Joint-stock company registration and announcement fee and competition authority fee: $280. Approximately. Determined according to needs.
Joint-stock company establishment notary fees: $300. Approximately. Determined according to needs.
Joint-stock company establishment and articles of association preparation service fee: $220
Sworn translation service fee: $180
Company stamps: $7
Stamp duty on contracts: $5
TOTAL COST OF ESTABLISHING A JOINT-STOCK COMPANY IN TURKEY: Approximately $992.
Note: This cost is the minimum cost to establish a joint-stock company in Istanbul, based on 2025 data. All establishment costs are included. The cost will be determined based on the number of partners, areas of activity, number of directors, and the company's needs.
To receive a FREE, up-to-date and detailed cost table tailored to your business, please send us a message via WhatsApp or email with the following information:
• Number of partners in the joint-stock company
• Are there any foreign or legal entity partners?
• Area of activity and scope of work to be undertaken
• Company address
• What will the company's capital be?
• If you don't have a physical workplace, would you like us to provide a virtual office?
• Will you be hiring? (If yes, how many people?)
• Will you be importing?
• Will you be exporting?
• How many average monthly invoices will you issue?
• Please explain any special information you would like to add.
Once you provide this information, we will send you a detailed and up-to-date table that includes all establishment costs.
THE MOST FREQUENTLY ASKED QUESTIONS ABOUT JOINT STOCK COMPANIES IN TURKEY:
The most frequently asked questions about the characteristics, establishment process, and costs of joint stock companies in Turkey are as follows.
1- Can a Single Person Establish a Joint Stock Company in Turkey?
A joint stock company in Turkey can be established by a single person. The sole shareholder can also be a member of the board of directors and manage the company. It is not mandatory to find a partner or employ employees to establish a joint stock company. This feature allows entrepreneurs who do not need a partner for their commercial activities to operate with a corporate image by establishing a joint stock company on their own.
2- How Much Capital is Required to Establish a Joint Stock Company in Turkey?
The minimum capital required to establish a joint stock company in Turkey is limited by law. In 2025, this limit is 250,000 TL. In other words, a joint stock company can be established with a minimum capital of 250,000 TL. To establish a joint-stock company, the company's capital is specified in the company's articles of association. At least one-quarter of the company's capital must be blocked in a bank account during the incorporation phase.
3- Can Foreigners Establish a Joint-Stock Company in Turkey?
There are no legal restrictions on foreign citizens establishing a joint-stock company in Turkey. Foreigners, regardless of their nationality, can establish a joint-stock company in Turkey with a valid passport. They can become managers of the company they establish. Foreigners have the same rights and obligations as Turkish citizens regarding the establishment and management of a joint-stock company. If the foreigner does not speak Turkish, the procedures must be carried out with the assistance of an authorized, sworn translator.
The most important aspect foreigners should pay attention to when establishing a joint-stock company in Turkey is the bank account opening process. A bank account is opened for the company during the joint-stock company establishment process. At least one-quarter of the company's capital is deposited into the account. Therefore, it is important to contact the bank and agree on the opening of the account before beginning the company's incorporation process. If a bank account is not opened for any reason, the company's capital cannot be paid. In this case, the establishment of a joint-stock company cannot be completed.
Foreigners who cannot open a bank account in Turkey for any reason can alternatively establish a limited liability company. A limited liability company is a capital company. Depositing capital into a bank account is not required to establish a limited liability company. Foreigners can establish a limited liability company without a bank account. Within months of establishing the company, they can open a bank account for the company and pay the company's capital into the bank account.
4- What are the Tax Rates for Joint-Stock Companies in Turkey?
The fact that joint-stock companies in Turkey are subject to corporate tax is a significant factor for many entrepreneurs. The corporate tax rate is 25% in 2025. For export and manufacturing companies, this rate is reduced to 20%. Regardless of how much a joint-stock company's income increases, the corporate tax rate remains constant. It is fixed. If joint-stock companies were subject to income tax, they would be subject to income tax. In this case, as income increases, the income tax rate would also increase. In this respect, joint-stock companies are advantageous because of their fixed tax rate as income increases. Joint-stock companies stand out from other types of companies because the tax rate on income is fixed. According to 2025 data, if your annual income exceeds 200,000 TL, opting for a joint-stock company will be advantageous in terms of tax costs. This advantage increases as your income increases.
5- What Taxes Do Joint-Stock Companies Pay in Turkey? 
The legal obligations and tax duties of joint-stock companies are not limited to corporate tax. Joint-stock companies generally pay the following taxes:
STAMP DUTY: Like every company, joint-stock companies are required to pay stamp duty. Stamp duty is paid when workplace lease agreements, service agreements, employment agreements, and many other transactions are prepared. Stamp duties are declared and paid monthly.
VAT: Value-added tax is paid by every company engaged in commercial activities. On sales of goods or services, the company collects a certain amount of VAT from customers on behalf of the government. VAT rates are calculated as 1%, 10%, and 20%, depending on the type of products sold. VAT collected from customers is declared monthly. After deducting any deductible VAT, the remaining amount is paid the following month.
CORPORATE TAX: Joint-stock companies are subject to corporate tax. The company is obligated to pay corporate tax calculated on net profit. The corporate tax rate is 20%. The corporate tax rate for joint-stock companies engaged in manufacturing and export activities is calculated at a reduced rate of 20%.
PROVISIONAL CORPORATE TAX: Provisional taxes are not a separate type of tax. They refer to the advance collection of annual corporate tax in quarterly installments. A joint-stock company declares and pays the corporate tax on its income for each quarter.
WITHOILDING TAX: Joint-stock companies declare and pay the taxes they withhold and the workplace withholding tax deductions they deduct as responsible through a withholding tax return. If the joint-stock company has employees, the withholding tax return is filed monthly. If the company has no employees, the return is filed and paid quarterly. Items such as income taxes deducted from employees' salaries, workplace rent withholding tax deductions, or service expenses are declared on the withholding tax return.
Unless there are specific circumstances, these are generally the taxes paid by joint-stock companies. In addition, companies may have different tax liabilities depending on their sector and field of activity. For example, special consumption tax, special communication tax, and banking and insurance transaction taxes are among the types of taxes companies operating in that sector are liable for. The amount of tax payments will be determined based on various criteria, such as the company's profit and loss status, the number of employees, and the workplace rental fee.
6- How Much Tax Does a Joint-Stock Company Pay in Turkey?
The taxes paid by a joint-stock company can vary depending on various criteria, such as the company's business volume, income and expense status, the number of employees, its main field of activity, imports, or exports. Furthermore, the tax rates companies are liable to are clear and fixed. Sample tax payments based on these tax rates are as follows:
CORPORATE TAX: For example, if a joint-stock company's net profit in a year is 1,000,000 TL, the corporate tax rate payable on this profit will be 25% = 250,000 TL. If a joint-stock company is engaged in exporting or manufacturing, the corporate tax it must pay for a net profit of 1,000,000 TL will be 20% = 200,000 TL.
PROVISIONAL TAX: Provisional tax is a declaration in which corporate tax is paid in advance on a quarterly basis. A joint-stock company earning a net profit of 200,000 TL in a quarterly period must pay a provisional tax of 25% = 50,000 TL. These provisional taxes are then deducted from the annual corporate tax.
VALUE ADDED TAX: For example, if a joint-stock company sells 200,000 TL worth of products subject to 20% VAT, the customer must pay 40,000 TL in VAT. The VAT liability for this sale is 40,000 TL. If, within the same month, a company purchases goods worth 120,000 TL + 20% VAT (24,000 TL) to supply the products it sells, the deductible VAT will be 24,000 TL. The deductible VAT will be deducted from the VAT collected on sales. In this case, the company must pay 40,000 TL - 24,000 TL = 16,000 TL VAT.
WITHOILDING TAX; For example, if the net monthly rental fee for a workplace used by a joint-stock company is 50,000 TL and the rental fee is paid to a natural person, one-quarter of the net rental fee, 12,500 TL, will be paid as withholding tax each month. If the leasing party is a company, an invoice will be issued for the rental fee. In this case, the rental fee and VAT stated on the invoice will be paid. No additional WITHOILDING tax will be paid for rent paid by invoice. In addition, tax deductions from the salaries of employees in the business and withholding tax deductions for service purchases are declared and paid with a summary tax return.
7- What expenses are recorded as expenses in a joint-stock company? Which expenses are tax deductible in Turkey?
There are many expenses incurred in order for a joint-stock company to operate. All expenses and costs related to the company's activities are recorded as expenses and deducted from the taxes to be paid. The most common expenses in joint-stock companies are as follows:
• Business administration expenses. All expenses necessary for the company's operation, such as fixtures, furniture, stationery, and computer supplies.
• Office rent payments.
• Electricity, water, natural gas, internet, and telephone bills used in the workplace.
• Fuel expenses, repair and maintenance expenses, and insurance costs for vehicles used for company business.
• All printing materials, including business cards, letterheads, printed pens, and promotional items used for company activities.
• Airfare, bus, and train tickets, hotel accommodations, and meal expenses related to business travel by company executives and employees.
• Purchasing costs or production costs of products sold. Expenses include all types of transportation, logistics, storage, and insurance costs incurred during the purchasing or production process.
• Services purchased for company operations, such as legal services, engineering, architecture, IT, and web design.
• Salaries of company personnel, insurance premiums, travel and meal expenses, overtime payments.
• Workplace cleaning supplies, repair and maintenance products, and customer refreshments.
8- Can Foreigners Become Managers of Joint-Stock Companies in Turkey?
Foreigners can be managers and legal representatives of joint-stock companies they establish in Turkey. They can manage the company and manage its operations.
9- What is the Total Cost of Establishing a Joint-Stock Company in Turkey?
The main costs incurred in establishing a joint-stock company in Turkey include chamber of commerce registration fees, notary fees, the service fee for preparing the company's incorporation and articles of association, company stamps, and stamp duties on company agreements. There are also certified translation fees for foreigners who do not speak Turkish. According to 2025 data, the total cost of establishing a single-partner joint-stock company in Turkey for foreigners starts at $992. This is the total and minimum cost. All establishment expenses are included. Furthermore, the total cost will be determined based on various criteria, such as the number of partners, capital, field of activity, foreign partners, legal entity partners, and employee employment. Furthermore, costs may vary slightly across cities. You can always contact us to receive a detailed cost table specific to your business.
10- How Many Partners Can a Joint-Stock Company Be Established in Turkey?
A joint-stock company can be established in Turkey by a single person. A single partner can also manage and manage the company as a company manager. Finding a separate partner is not required. However, a joint-stock company can be established with more than one partner. There is no restriction on the number of partners in a joint-stock company.
11 – How to Choose a Joint-Stock Company Name? 
The first thing to consider when determining a joint-stock company name is to verify whether another company with the same name is registered. Names that are identical or very similar to registered companies cannot be used. By "very similar," especially if the first three words are the same, that name cannot be adopted. The company name must include the phrase "Joint-Stock Company" at the end. The company name must include at least one field of activity. Example fields of activity include: Food, Machinery, Textiles, Consulting, Automotive, and Electronics. Furthermore, the use of certain words, such as Turkey, Turkish, National, and Republic, in the company name is subject to the approval of the Council of Ministers. The title of a joint-stock company must be in Turkish.
12- Is it possible to establish a joint-stock company online in Turkey?
Joint-stock companies can be established online to a certain extent. However, the partner must personally visit the bank to open a bank account and block capital. All other processes can be managed online. Regardless of your city or country, you can choose ICG PARTNERS to establish and manage a joint-stock company. All transactions are completed turnkey with a power of attorney sent to us. A joint-stock company is established within a few days. You can benefit from the integrated solutions provided by ICG PARTNERS for all your needs, such as renting a virtual office address, income and expense tracking, tax returns, reporting, payroll, trademark registration, e-invoicing, and e-transformation integrations. Our expert team provides rapid support whenever you need it via communication channels such as phone, WhatsApp, and email.
13- How Long Does It Take to Establish a Joint-stock Company in Turkey?
Preparing joint stock company incorporation documents and completing all incorporation procedures is a process that takes an average of 3-4 business days, unless there are special circumstances. Registration is required at the Chamber of Commerce to complete the joint stock company incorporation process. Chambers of Commerce handle these procedures by appointment. During busy periods, this process can take 1-2 days.
14- Is Renting a Business Premises Required to Establish a Joint Stock Company in Turkey?
A business address is required to establish a joint stock company. If you intend to operate from a physical workplace, you can use locations such as offices, shops, stores, or warehouses as your business address. If you don't need a physical workplace for your business activities, you can alternatively rent a virtual business address at a reasonable cost. Renting a virtual business address is legal and a very cost-effective solution.
15- Can a Joint Stock Company Be Established at a Home Address in Turkey? Can a Home Office Inc. be opened?
It is possible to establish a joint stock company by designating one room of your home as your home office. However, if your home is rented, you should remember that after incorporating the company, you will pay monthly rent withholding tax of one-quarter of the net rent. For example, if you establish a joint stock company in a house where you pay 50,000 TL net rent, the company will pay 12,500 TL in rent withholding tax each month. Furthermore, if you live in an apartment, the law requires you to obtain written permission from the other apartment owners to establish the company. To avoid paying rent withholding tax or the hassle of obtaining written permission from other apartment owners, you can establish a joint stock company with a virtual office address.
16- Do Joint Stock Companies Pay Withholding Tax in Turkey?
Withholding tax is a tax deducted at source, declared, and paid by the taxpayer for a tax liability arising from commercial activities. If a joint-stock company requires a tax withheld at source due to its commercial activities, it is obligated to pay it. The most common types of withholding tax are withholding tax for workplace rent, withholding tax withheld from employees' salaries, and withholding obligations arising from service purchases. For example, if the joint-stock company operates in a rented workplace and the property owner is a natural person, it will pay a monthly rent withholding tax of one-fourth of the net rent paid.
17- Who Has Management and Representation Authority in a Joint-stock Company?
There are two bodies responsible for management and representation in joint-stock companies. The first body is the General Assembly. The General Assembly consists of all shareholders. The company is managed by the General Assembly. The second body is the Board of Directors. The Board of Directors consists of members authorized by the General Assembly. One or more individuals may be authorized as board members. The Board of Directors legally represents the company in all transactions and operations.
18- Who is Responsible for the Debts of a Joint-stock Company in Turkey?
Partners are liable for debts arising from the commercial activities and actions of a joint-stock company, up to the extent of the capital they have committed to pay to the company. If partners pay the capital they have committed, they are not liable for any other unpaid debts. The company is liable for all debts with the assets it owns.
19 – Is a Joint-Stock Company Larger or a Limited Company in Turkey?
There are many criteria used to measure a company's size. Some of these criteria include the company's capital amount, number of employees, income and expense status, operating volume, annual net profit, and number of branches. Because both joint-stock companies and limited companies are capital companies, the company's size is evaluated based on these criteria. When considering the partnership structure, a limited company can have a maximum of 50 partners, while a joint-stock company has no limit on the number of partners. Therefore, for larger structures with more than 50 partners, a joint-stock company is more suitable.
20- Can a Joint-Stock Company Go Public in Turkey? Are Joint-Stock Companies Traded on the Stock Exchange?
Joint-stock companies can be publicly traded as a structure. They can be traded on the stock exchange under capital market regulations.
21- Can One Person Establish a Joint-Stock Company in Turkey?
It is possible for one person to establish a joint-stock company on their own. In a joint stock company established as a sole shareholder, the sole shareholder can also be the company manager. He or she can manage and manage the company.
22- Is it Mandatory to Employ a Lawyer in a Joint Stock Company in Turkey? 
According to 2025 data, it is a legal requirement for joint stock companies established with a capital of 1,250,000 TL or more to employ a lawyer or work with a lawyer under contract. The 1,250,000 TL capital requirement is revised annually.
23- Where Should I Start to Establish a Joint Stock Company in Turkey?
To establish a joint stock company, you must first determine your workplace. If you will be using a physical workplace, we recommend renting it first. You can contact us for support in all other matters.
If you do not need a physical workplace for your joint stock company activities, we can also provide a virtual business address in Istanbul. Regardless of your city or country, we will establish your company turnkey with a power of attorney you send us. We prepare all the incorporation documents. We'll have your joint-stock company ready in just a few days. We offer comprehensive solutions for all your legal and financial needs, helping you with every step of the way.
If you're considering establishing a joint-stock company, don't hesitate to contact us to receive a detailed cost plan tailored to your business. We'll initially prepare an up-to-date and detailed cost plan free of charge.
