Limited Liability Company — Ltd. Şti. (Limitet Şirket)

The Ltd. Şti. is the standard choice for small and medium-sized businesses, joint ventures, and most foreign investors entering the Turkish market for the first time. Key rules as at January 2026:

• Minimum paid-up capital: TRY 50,000 (increased from TRY 10,000      by Presidential Decree No. 8347, effective January 2024). Source:      https://www.ticaret.gov.tr

• Minimum one shareholder (individual or corporate, Turkish or      foreign national)

• Minimum one director (Müdür); the director can be the sole      shareholder

• Capital must be deposited in full before registration is      complete

Joint-Stock Company — A.Ş. (Anonim Şirket)

The A.Ş. is used for larger operations, companies intending to raise external investment, or businesses that plan to issue shares to multiple parties. Key rules as at January 2026:

• Minimum paid-up capital: TRY 250,000 (increased from TRY 50,000      by Presidential Decree No. 8347, effective January 2024). Source:      https://www.ticaret.gov.tr

• Minimum one shareholder

• Board of directors required (Yönetim Kurulu); minimum one      member

• At least 25% of the subscribed capital must be paid in before      registration; the remainder within 24 months

Category

Details

Notes

Corporate Income Tax (CIT) — Standard

25% on net profit for resident capital companies (Ltd. Şti. and A.Ş.)

Effective from 1 January 2023; confirmed for 2026 (*Source: EY Global Tax Alert, Law No. 7456, Official Gazette 15 July 2023 — https://www.ey.com/en_gl/technical/tax-alerts/tuerkiye-s-new-law-increasing-the-corporation-tax-rates-enters-i)

CIT — Financial Institutions

30%

Applies to banks and insurance companies

Domestic Minimum Top-up Tax

15% top-up tax

Applies to MNE groups with global revenues ≥ €750 million; effective from 2024 fiscal year; first declaration in January 2026 (*Source: https://www.moore.com.tr/en/yerel-asgari-tamamlayici-kurumlar-vergisi-beyanname-duzenleme-kilavuzu-yayimlanmistir/)

VAT (KDV)

Standard rate: 20%

Reduced rates: 10% and 1% for specific goods/services; effective July 2023 (**Source: https://www.gib.gov.tr)

Minimum Capital — Ltd. Şti.

TRY 50,000

Applicable for 2026 (*Source: https://www.ticaret.gov.tr)

Minimum Capital — A.Ş.

TRY 250,000

Applicable for 2026 ( *Source: https://www.ticaret.gov.tr)

Dividend Withholding Tax (Non-residents)

15%

May be reduced under double taxation treaties; Türkiye has treaties with 85+ countries (*Source: https://www.gib.gov.tr/uluslararasi-mevzuat)

Technopark CIT Exemption

CIT exemption on eligible income

Applies to software and R&D income within licensed Technoparks until end of 2028 (*Source: https://www.sanayi.gov.tr)

Stage

Typical time from document receipt

Name reservation (MERSİS)

1 business day

Articles of Association drafted and approved

2–3 business days

Notarisation and capital deposit

3–5 business days (requires shareholder attendance or power of attorney)

Trade Registry submission and approval

1–3 business days after complete file submitted

Trade Registry Gazette publication

10 calendar days after registry approval

Tax registration (GİB)

1–2 business days after gazette publication

Signature Circular (İmza Sirküleri)

1 business day

Total from start to Tax ID received

~3–4 weeks (from receipt of complete documents)

Filing

Frequency

Deadline

Authority

VAT return (KDV Beyannamesi)

Monthly

26th of following month

GİB

Provisional corporate tax (Geçici Vergi)

Quarterly

17th of 2nd month after quarter end

GİB

Annual corporate tax return (Kurumlar Vergisi Beyannamesi)

Annual

30 April (December year-end)

GİB

Social security / payroll declaration

Monthly

23rd of following month

SGK

Annual Activity Report filing

Annual

Varies

Trade Registry