How to Establish a Limited Liability Company?

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How to Set Up a Limited Liability Company

İleride yüksek gelir elde etmesi beklenen şirketlerde vergisel avantajları ve sadece taahhüt ettikleri esas sermaye paylarını ödemekle ve şirket sözleşmesinde öngörülen ek ödeme ve yan edim yükümlülüklerini yerine getirmekle sorumlu olmaları, bu tür şirketlerin tercih edilmesinin sebeplerinin başında gelmektedir. Peki limited şirket kuruluşu nasıl gerçekleştirilir?

Documents Required for Establishment

1.  Company incorporation application
2. Company articles of association
3. Receipt showing that four ten-thousandths of the company's capital has been deposited into the Competition Authority's account.
4.  Room registration form, photocopy of signature declaration.

Key Considerations When Establishing a Limited Liability Company

• Limited companies can be established by one or more natural or legal persons, and the number of partners cannot exceed 50.
• The minimum capital amount that a limited company must have. It is 10,000 TL. Partners' shares must be 25.00 TL or multiples thereof.
• Limited companies can be established for a fixed term or indefinitely. If the company is established for an indefinite period, this must be explicitly stated in its articles of association.
• Limited companies can issue registered shares but not bearer shares. Registered shares are solely for proving the existence of the partnership.
• Article of the Turkish Commercial Code According to Article 573/3, a limited liability company can be established for any economic purpose and subject matter that is not prohibited by law. Furthermore, those companies whose establishment is subject to specific conditions under special legislation can complete their incorporation procedures after obtaining the necessary permission.
• Article of the Turkish Commercial Code 581/1 ’e göre;
  •  Services rendered,
  •  Personal labor,
  •  Commercial reputation,
  •  Receivables that are not yet due cannot be contributed to the company as capital.
• Article of the Turkish Commercial Code According to Article 623/1, at least one of the company's shareholders must be elected as a director with unlimited management rights and representation authority.
• Fingerprints of illiterate partners and the signatures of two witnesses are required.
• If the official's Turkish Republic Identity Number is not specified in the prepared documents, a document showing their Turkish Republic Identity Number must be provided.

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