Sole Proprietorship Formation

What is a sole proprietorship company? A sole proprietorship is a business owned and managed by a single individual who is personally responsible for all debts and liabilities. Although the business may operate under a distinct name, all transactions are conducted in the owner's name.

Ordinary Partnership Formation 

What is Ordinary Partnership Formation? An ordinary partnership, or simple partnership, is a basic business model without separate legal personality, established by individuals with joint ownership. Governed by Articles 620-645 of the Turkish Code of Obligations, these partnerships do not require registration and are typically straightforward to form. All partners must act jointly in legal actions related to the business and its assets.

Limited Liability Company (LLC) Formation 

What is Limited Liability Company (LLC) Formation? An LLC is a company established by one or more individuals or entities to conduct business. It has a set capital, which is divided into shares that constitute the company's total capital.

Limited Partnership Formation 

What is Limited Partnership Formation? A limited partnership has two types of partners with differing levels of liability. General partners, known as komandite partners, have unlimited liability and manage the business, while limited partners, or komanditer partners, have restricted liability and do not participate in management.

Joint-Stock Company (JSC) Formation 

What is Joint-Stock Company (JSC) Formation? A joint-stock company has a specified capital divided into shares and is responsible for its debts only up to its total assets. Shareholders’ liability is limited to their investment in the company’s shares.

General Partnership Formation

What is General Partnership Formation? A general partnership is a business formed among individuals under a common trade name. Unlike other structures, none of the partners have limited liability, meaning all partners share full responsibility for the company's debts and obligations toward creditors.

Foreign-Owned Company Formation

What is Foreign-Owned Company Formation? Foreign-Owned Company Formation allow non-resident investors to establish a company in Turkey with the same rights as local entities. No Turkish shareholder is required, and companies can be fully owned by foreign investors, with almost all sectors open to foreign investment.