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Question :Are There any Shops or Restaurants to Rent ?
Answere :Yes there are some

Question :If I wish to rent a Shop , what sort of price range are they in ?
Answere :Starts from 2000 Euro and goes upto 20-25 thousand euro

Question :Is it seasonal Contracts ?
Answere :Payments are Per Year

 

BUSINESS PARTNER NEEDED ?
Why not shout out loud here , or Join the Forum...

 

 

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HOW TO START A BUSINESS IN TURKEY ?

 

STANDARDIZED COMPANY
Legal Form: Limited liability com
Minimum Capital Requirement: 5,000

 

Registration Requirements:

Procedure 1. Execute and notarize Articles of Association of the Company (“AoA”), signature declaration of the managers of the Company and certified copies of each manager's identity card or passport
Time to complete: 1 day
Cost to complete: YTL 440
Comment: Three original copies of the notarized AoA and one of which must be original. 2 notarized signature declarations and identity cards or passport copies of the managers need to be notarized as well. The documents with respect to the incorporation of a company are exempt from the payment of stamp tax and notary public charge by the changes which have been enacted in the Stamp Tax Law on January 01, 2004. The certification fee will be paid only to the Notary Public for the execution of the AoA.
Procedure 2. Deposit 0.04% of capital to the account of Competition Authority at the Central Bank, paid to any Ziraat Bank branch.
Time to complete: 1 day
Cost to complete: 0.04 of capital
Comment: Original of the receipt of Ziraat Bankasi or Turkish Central Bank evidencing that 1‰ of the capital of the Company has been paid to the account of Consumer Protection Fund is required for registering the Company at the Commercial Registry.
Procedure 3. File the Incorporation Notice Form, Commitment Letter and Chamber Registration Statement the Trade Registry Office
Time to complete: 2 days
Cost to complete: YTL 170 (registration fee of Chamber of Commerce) + YTL 180 for the first manager's signature and YTL 139.80 for each additional manager + YTL 395
Comment: The formation of a LS does not require application to the court, thus, registration proceedings may be commenced once the documents are gathered.
Documents to be filed include: Application form; Two copies of the Partnership ContracArticles of Associationt; Signature circular; Copies of certificate of birth of the shareholders; Copies of passports of the shareholders; Bank slip related to the payment to the Consumer Fund (2/1000 of the capital); Declaration form of registration to the local Chamber of Commerce. The Trade Registry Office performs this registration automatically.
Commercial Registry Office notifies the tax office and the District Employment Office to inform them of the incorporation of the Company.
A tax identification plaque shall be obtained from the local tax office after the notification of Commercial Registry Office to the local tax office. Commercial Registry Office shall also notify Ministry of Labor and Social Security, Directorate of the Social Security Institution of the incorporation of the company. A social security number shall be obtained from the relevant Social Security Administration and employees of the Company shall be registered with such administration.
Starting up trade registration cost for limited liability has been increased to 395 YTL
- Publication/ Advertisement fee cost is 0,13YTL per word and Trade Registry Gazette fee is 0,25YTL.
Chamber Of Commerce Annual membership fee for Izmir Chamber of Commerce has been increased as:
Capital Annual Membership fee
5.000.000 YTL - And Up 170YTL
800.000 YTL - 499.999 YTL 135YTL
100.000 YTL - 799.999 YTL 115YTL
100.000 YTL - 24.999 85 YTL
24.99 YTL - 10.00 YTL 60YTL
10,00 YTL- less 50YTL
Procedure 4. Follow up with the tax office on Commercial Registry's notification
Time to complete: 1 day
Cost to complete: no charge
Comment: Commercial Registry Office notifies the tax office and Social Security Administration to inform them of the incorporation of the Company. In practice, in order to expedite the registration process, Company representatives apply such organizations to follow up whether of the notification made by the Commercial Registry has been received. One tax officer comes from tax office to the head quarter of the Company in order to prepare a determination report. At least one authorized signature must be present to sign the determination report.
Procedure 5. Follow up with the Social Security Institution on Commercial Registry's notification
Time to complete: 1 day
Cost to complete: no charge
Comment: Commercial Registry Office notifies the tax office and Social Security Administration to inform them of the incorporation of the Company. In practice, in order to expedite the registration process, company representatives apply to the relevant Social Security Office for the registration of the company following the commercial registration and follow up whether of the notification made by the Commercial Registry has been received.
Procedure 6. Publish Articles of Association at the Commercial Registration Gazette
Time to complete: 1 day
Cost to complete: YTL 0.13 per word
Comment: The procedure takes up to 1 month.
Procedure 7*. The Notary certifies the legal books
Time to complete: 1 day
Cost to complete: included in procedure 1
Comment: The Notary Public shall notify the tax office of the certification of the commercial books. Notary Certification fees for Commercial Books : 9.00 YTL for the opening certification per book certification up to 100 pages : 3.10 YTL; certification for each additional 50 pages : 3.10. The certification of the legal books should be completed at the latest day that the Company is registered with the Commercial Registration.
Procedure 8*. Deposit the initial capital in a bank and obtain the certificate of paid-in capital
Time to complete: 1 day
Cost to complete: no charge
Comment: If the total capital is not paid in advance, 25% of the initial capital must be deposited within 3 months of the incorporation of the Company and the balance of the capital being subscribed must be paid within 3 years following its incorporation. Depositing the initial capital of the Company in a bank before registering the Company with the Commercial Registry is no longer required.

 

 

 

 

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