How Much Does It Cost to Set Up a Company in Turkey in 2025?

One of the most common questions from entrepreneurs and investors is: how much does it actually cost to establish a company in Turkey? The answer depends on several factors including the type of company, the services you hire, and whether you operate in a special zone. This guide breaks down all the costs you need to consider.

Initial Registration Costs

The cost of setting up a company for a standard Limited Liability Company (LLC) in Turkey includes notary fees (approximately 1,000–2,000 TRY), Trade Registry fees (approximately 500–1,000 TRY), and capital requirements (minimum 10,000 TRY for an LLC).

For a Joint Stock Company (A.Ş.), the minimum capital requirement is 50,000 TRY, and setup costs are generally higher due to more complex documentation requirements.

Professional Service Fees

Most businesses hire legal counsel for company formation. legal advice for company setup typically costs between $500 and $1,500 depending on the complexity of the business structure.

Ongoing accounting is mandatory in Turkey. A reliable tax accountant in Turkey will charge monthly fees ranging from 1,500 to 5,000 TRY depending on transaction volume.

Tax Registration and Ongoing Costs

After registration, you must comply with VAT (KDV) in Turkey obligations, corporate income tax (currently 25%), and social security contributions for employees. These recurring costs should be factored into your annual budget.

For businesses looking to reducing tax costs, there are several legitimate strategies available through tax incentive programs and investment zones.

Hidden Costs to Consider

Many investors underestimate indirect costs such as office rent (required for company registration), bank account setup fees, and translation and apostille costs for foreign documents. Budget an additional 20–30% above estimated direct costs to cover these expenses.

Special Economic Zones

Establishing your company in one of Turkey's free zones can significantly reduce costs. These zones offer tax exemptions, reduced customs duties, and simplified procedures. This is particularly relevant for businesses targeting expanding into European and Asian markets.

Workforce and Employment Costs

If you plan to hire foreign nationals, obtaining a work permit for foreigners involves additional fees and processing time. Factor these into your HR budget from day one.

Protecting Your Brand

Don't forget to budget for trademark registration in Turkey. A standard trademark application costs approximately 1,500–3,000 TRY, and professional assistance is recommended to avoid application errors.

Summary

For a complete walkthrough of all setup requirements and costs, refer to our complete company setup guide. With proper budgeting and professional support, setting up in Turkey is both affordable and rewarding.