Register Branch office in Turkey
A branch is an outbound extension of the main corporation. Businesses that seek to extend their operations in Turkey can do so by forming a separate entity or establishing a division. A subdivision of an international parent business has various perks regarding the speed of formation and establishment budget.
Our business setup experts can assist you in filing all required papers and understanding the duties that the Turkish division will be required to follow. We can assist overseas businesses in managing a local outlet in Turkey by proving accounting, taxation, and HR services.
Setup a branch office
Experts provide verified and licensed translations of all papers in the native language. The professionals also provide the appropriate documentation to the Commercial Registration Office after submitting the request to the Ministry. The following is a list of the services offered by our division office team:
- Getting approval from board directors,
- Submission of documents,
- Market analysis,
- Legal address registration,
- Consultation regarding the procedures.
Branch office registration conditions
Following are the basic requirements to open a local office in Turkey:
- It must be established on a statement approved by the original firm’s stockholders or executives,
- The agreement must be submitted to the trade authorities.
- A set of documents need to be prepared and submitted,
- The papers must be in Turkish,
- It’s also worth noting that an international person functioning as a director in the local outlet must get a residency card.
Required documents
Credentials required for registration are:
- A request that is written in the native language and approved by a representative,
- Branch establishment license acquired from the “Ministry of Industry and Trade,”
- Two validated and authorized photocopies of the “Power of Attorney,”
- Turkish document ‘Müzeyyel Beyanname ve ilanı,’
- An ID or passport copy,
- Corporation’s representative signature sample,
- Article of association,
- A statutory statement acquired from the trade registrar.
Professionals at our network evaluate and submit documents and forms for the outlet’s establishment to the Trade Registrar.
Benefits of Branch office in Turkey
Turkey is one of the best areas to promote your brand because it has one of the planet’s fastest expanding industries. For international investors that want to open a branch here, there are numerous advantages. We’ve included a few examples below:
- The initial salary and labor expenditures are reasonably low, resulting in minimal operational costs.
- Turkish domestic producers are always prepared to assist and support new entrepreneurs.
- The Turkish state provides perks like tax reductions, import duty exemptions, and interest rate assistance.
- By starting a firm in Turkey, international traders can get Turkish nationality and associated privileges.
Branch office solutions
Our business formation advisers in Turkey can assist you with the paperwork if you wish to extend the operations of your multinational enterprise via more than a single division. To make the procedure more accessible, the experts analyze the market and register the workplace site for you.
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