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Company Setup in Turkey
As of February 7th, the USD/TRY exchange rate stands at 35.97—a result of the steady increase with minimal volatility that began in November 2024. Below are the futures contracts listed on the ISE VIOP market for dates from now until the end of the year: Month Value February 36.60 March 37.52 April 38.53 May 39.45 … Read more
In Turkey, limited companies (“Limited Şirket”) benefit from a separate legal identity and limited liability. However, they must also adhere to a range of taxation obligations. This article explains the primary taxes applicable to limited companies in Turkey and outlines a payment calendar to help you to track payment deadlines. Key Taxes for Limited Companies … Read more
For all types of companies, it is mandatory to declare an address in Turkey. Typically, this would be the primary office, shop, or facility where the company’s main activities take place. As part of the company formation process, an officer from the trade registry visits this declared address. Virtual Office If the company does not … Read more