How to Establish a Company? Step by Step Guide (Updated 2025)

The first step for anyone who wants to embark on an entrepreneurial journey is to establish a company. A properly established company provides a solid foundation for growing your business while fulfilling legal obligations. In this article, we will discuss the company establishment process , types, required documents and points to consider in detail.

Why is it necessary to establish a company?

Establishing a company is essential to conduct commercial activities, issue invoices, obtain a tax certificate, conduct business on a legal basis, and achieve growth targets. At the same time, a corporate structure is also necessary to obtain loans from banks, attract investors, and participate in public tenders.

Most Preferred Company Types in Türkiye

1. Sole Proprietorship

   • It is easy to install and low cost.

   • Tax rates rise as income increases.

   • It can be installed by a single person.

2. Limited Company (LTD)

   • The number of partners can be between 1 and 50.

   • The capital must be at least 10,000 TL.

   • The tax rate is fixed (20% Corporate Tax).

3. Joint Stock Company (Joint Stock Company)

   • It can be established with at least 1 real or legal person.

   • The minimum capital is 250,000 TL.

   • Transferring shares is easier.

   • Suitable for large-scale businesses and investor entry.

Documents Required for Company Establishment

• Copies of the IDs of the founding partners

• Notarized signature declaration

• Residence certificate

• Articles of Association

• Chamber registration declaration

• Copy of lease agreement or title deed (for business address)

• Company name and field of activity information

Company Establishment Process Steps

1. MERSIS Registration

Company establishment procedures are initiated through the Central Registry System (MERSİS).

2. Preparation of the Articles of Association

Depending on the type of company, the articles of association are prepared and uploaded to the system electronically.

3. Chamber of Commerce Application

An application is made to the Chamber of Commerce with the prepared documents and the company is registered.

4. Tax Office Registration

The company is registered with the tax office and a tax certificate is obtained.

5. Signature Circular and Ledger Certification

Signature circulars are issued at the notary and legal books are certified.

6. Social Security Registration (For Personnel, If Available)

If there is personnel to be hired, registration is made to the Social Security Institution.

Is it necessary to establish a company to do e-commerce?

Yes. An official company must be established and an invoice must be issued for all commercial activities such as online sales, digital services, and product sales via social media.

Cost of Establishing a Company (2025)

• Sole proprietorship: Average 3,000 – 6,000 TL

• Limited company: Average 10,000 – 20,000 TL

• Joint stock company: Average 25,000 – 35,000 TL

These amounts include accountant fees, notary and Chamber of Commerce fees.

Things to Consider When Establishing a Company

• Choosing the right type of company

• Clearly define the field of activity

• Working with a reliable financial advisor

• Knowing tax liabilities

• Being careful when choosing an address (is a home office possible?)

Conclusion

Establishing a company is the first and most important step in achieving commercial goals. A properly structured company provides legal compliance, tax advantages and corporate prestige. Receiving professional support at every stage of the process minimizes the legal and financial risks you may encounter in the future.