Start by drafting a comprehensive business plan outlining your business goals, strategies, and financial projections. A well-thought-out plan will serve as a roadmap for your company's success.
Select a unique and suitable name for your company. Check the availability of the chosen name and register it with the Trade Registry Office.
Define the partners of your company and determine the ownership shares. Shares represent the capital invested in the company by each partner.
Prepare the Articles of Association, which outlines key aspects of your company such as management, partners' rights and responsibilities, and other important details.
Submit your company registration application to the Trade Registry Office. Prepare the required documents and follow the procedures for registration.
Register your company as a taxpayer. Obtain a tax identification number to fulfill your tax obligations.
Complete the registration process with the Social Security Institution for both company owners and employees.
Notify the relevant municipality when opening or closing your business premises.
Open a bank account in the name of your company. This account will be used for your business transactions.
Ensure compliance with specific laws and regulations related to your industry and business activities.
By following these steps, you can successfully establish a Limited Liability Company in Turkey. However, it's crucial to stay informed about local regulations and seek professional advice, such as from a business consultant or lawyer, to navigate the process effectively.
What is a Public Limited Company (PLC)? A Public Limited Company (PLC) is a type of trading company that raises its capital through the issuance of shares, limiting the liability of shareholders to the amount invested. It is recognized as an independent legal entity, and the liability of shareholders is typically limited to the capital they contribute.
Budget planning is a crucial element for companies aiming at successful financial management and sustainable growth. This process plays a vital role in strengthening a company's financial health and preparing it for future uncertainties. Here are key points explaining the significance of budget planning for companies:
It's important to note that while you can draft a partnership agreement on your own, it is advisable to seek legal advice to ensure that the document complies with local laws and adequately protects the interests of all parties involved.
