Benefits of company registration in Türkiye
Conditions for company registration in Türkiye, part three Due to its strategic location at the intersection of Europe and Asia, Turkey has always been known as a bridge between East and West. This has made Türkiye an attractive destination for investors and entrepreneurs. One of the popular ways to invest in Türkiye is to register a company in Türkiye. In this article, we will examine the benefits of company registration in Turkey, import and export company registration in Turkey, Turkish export goods, registration fee and company registration tax in Turkey. In the continuation of the company registration conditions in Turkey, part one and part two, we want to check the third part of this issue, so stay with us.
Import and export company registration in Türkiye
One of the most popular types of companies registered in Türkiye is the import and export company. Due to its strategic location, Türkiye is known as an important center for international trade. Registering an import and export company in Turkey allows you to enjoy many benefits, including tax and customs exemptions.
Benefits of registering an import and export company in Türkiye
Registering an import and export company in Turkey allows you to enjoy many benefits, including the following:
Tax exemptions: Import and export companies in Turkey can benefit from tax exemptions on profits from the export of goods. These tax exemptions include tax exemption on export income, value added tax (VAT) exemption and tax exemption on profit from the sale of export goods within Turkey.
Customs exemptions: Import and export companies in Turkey can benefit from customs exemptions on the import of raw materials and equipment needed to produce export goods. These exemptions include exemption from payment of customs duties, exemption from payment of value added tax (VAT) and exemption from payment of other customs duties.
Access to global markets: With its strategic location at the intersection of Europe and Asia, Turkey is known as an important gateway to enter global markets. Registering an import and export company in Turkey allows you to easily access the markets of different countries around the world and export your products to them.
Government support for export: The Turkish government strongly supports the export of non-oil goods. These supports include providing export subsidies, granting low-interest loans to exporters, and holding international exhibitions.
Reducing transportation costs: Turkey has an extensive transportation network that includes land, sea, and air transportation. This allows you to ship your goods to your target markets at lower costs.
Skilled and cheap labor force: Turkey has a skilled and cheap labor force that can benefit your business. You can use this workforce to produce high quality goods at reasonable prices.
The possibility of obtaining residency: registering an import and export company in Turkey can give you and your family the possibility of obtaining residency in this country. Staying in Turkey allows you to enjoy many benefits, including studying in Turkish schools and universities, using free medical services and free travel to EU countries.
Turkish export goods
In 2022, the total value of Türkiye’s non-oil exports will reach $227.5 billion. This figure shows a significant growth compared to previous years.
Some of the most important export goods of Türkiye are:
- Clothing: Clothing is one of the most important export goods of Türkiye. The variety and high quality of Turkish clothing has made this country one of the largest exporters of clothing in the world.
- Textiles: Textiles are also important export goods of Türkiye. This country is active in the production of various types of textiles, including yarn, fabric, carpets and carpets.
- Auto parts: Türkiye is one of the largest producers of auto parts in the world. The country exports a wide range of auto parts to automotive companies around the world.
- Chemicals: Turkey is active in the production of various types of chemicals, including inorganic chemicals, organic chemicals and plastic products. This country exports chemicals to many countries in the world.
- Agricultural products: Türkiye is one of the largest producers of agricultural products in the region. This country exports various types of agricultural products including fruits, vegetables, legumes and nuts to other countries of the world.
- Electronic devices: Turkey is active in the production of various types of electronic devices, including mobile phones, household appliances and electronic equipment. This country exports electronics to many countries in the world.
Challenges facing Turkish exports
Despite Türkiye’s remarkable successes in the field of exports, this country also faces challenges. Some of these challenges are:
- Strong competition in global markets: Turkey faces strong competition in global markets from other countries including China, India and Vietnam. This can affect Türkiye’s market share in the export of various goods.
- Exchange rate fluctuations: Exchange rate fluctuations can affect the profitability of exporting goods from Türkiye.
- Trade barriers: Some countries impose trade barriers, including high tariffs and strict customs regulations, to import goods from Turkey.
Solutions to increase exports from Iran to Türkiye
Due to extensive business relations b Yen of Iran and Turkey and the existing potentials in the two countries, increasing exports from Iran to Turkey can bring significant benefits to the two countries.
Some solutions to increase exports from Iran to Türkiye are:
Identifying the target market: The first step to increase exports from Iran to Turkey is to identify the target market and its needs. Iranian exporters should get to know the needs and tastes of consumers in Turkey by conducting market research and produce products that fit these needs.
Compliance with international standards: In order to succeed in global markets, including the Turkish market, it is necessary that exported goods meet international quality standards. Iranian exporters should improve the quality of their goods by updating their technology and production equipment and produce them according to international standards.
Branding: Branding is one of the important factors for success in global markets. Iranian exporters should create strong and well-known brands for their products so that they can take a larger share of the market.
Proper packaging: Proper packaging can play an important role in attracting customers and increasing product sales. Iranian exporters should use attractive and high-quality packaging for their products to attract the attention of consumers.
Attending international exhibitions: Attending international exhibitions is a good opportunity to introduce Iranian goods to foreign buyers. Iranian exporters can introduce their products to Turkish buyers by participating in international exhibitions held in Turkey and provide the necessary conditions for export.
Use of government facilities: The Iranian government has considered various facilities and supports for the development of non-oil exports. Iranian exporters can use this facility to increase their exports to Türkiye.
Benefits of exporting from Iran to Türkiye
Exporting goods from Iran to Türkiye has many advantages for Iranian exporters. Some of these benefits include:
Geographic proximity: Iran and Türkiye are geographically close to each other. This helps to reduce transportation costs and facilitate the process of exporting goods from Iran to Turkey.
Good political and economic relations: Iran and Türkiye have good political and economic relations with each other. This can help facilitate the process of exporting goods from Iran to Turkey and increase the volume of trade between the two countries.
Availability of suitable infrastructure: Turkey has suitable infrastructure for importing goods, including a wide transportation network and well-equipped ports. This helps to facilitate the process of importing goods from Iran to Türkiye.
Big Bazaar: Türkiye has a population of over 85 million people. This provides a large market for Iranian goods.
Economic growth: Türkiye’s economy is growing. This provides good opportunities for exporting goods from Iran to Türkiye.
By using the provided solutions and benefiting from the benefits of exporting to Turkey, Iranian exporters can increase their share in the market of this country and benefit from the benefits of exporting goods to Turkey.
Kargar Consulting and Investment Company, with more than 14 years of brilliant experience in the field of company registration in Turkey and exporting from Iran to Turkey, is ready to provide consulting and support services to you in all stages of this process. Our experts will help you in identifying the target market, complying with international standards, branding, proper packaging, attending international exhibitions and using government facilities.
Registration fee and company registration tax in Türkiye
The cost of registering a company in Türkiye depends on the type of company, the number of shareholders and the company’s activity. In general, the cost of registering a company in Türkiye is between 1000 and 5000 euros.
Corporate tax in Türkiye is 20%.
Kargar Consulting and Investment Company, with more than 14 years of brilliant experience in the field of company registration in Turkey, is ready to provide consulting and support services to you in all stages of company registration in Turkey and import and export company registration in Turkey.
For more information about the benefits of company registration in Turkey, import and export company registration in Turkey, Turkish export goods, registration fee and company registration tax in Turkey, you can contact our experts at Kargar Consulting and Investment Company.
Easy company registration process in Türkiye
Company registration in Türkiye is a simple and straightforward process compared to many other countries. However, it is necessary to be familiar with the procedures and documents required to register a company in Türkiye. In this section, we explain the company registration process in Türkiye step by step:
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Choosing the type of company: The first step in registering a company in Turkey is choosing the type of company suitable for your business activity. The most common types of companies in Türkiye are:
- Limited Liability Company – LLC: This type of company is the most popular type of company in Turkey and is suitable for most small and medium businesses.
- Joint Stock Company – JSC: This type of company is suitable for larger businesses that plan to offer their shares to the public.
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Choosing a company name: Your company name must be unique in the company registration office in Türkiye. To make sure that the name of the company is not duplicated, you can inquire through the website of this office before going to the company registration office.
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Preparation of articles of association and memorandum of understanding: Articles of association and memorandum of understanding are important documents that define the legal framework of your company. These documents must be prepared by a lawyer specializing in company registration in Türkiye.
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Opening a corporate bank account: To register a company in Türkiye, it is necessary to open one You have a corporate bank account in one of the reputable Turkish banks.
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Company registration at the Companies Registration Office: After preparing the necessary documents, you must go to the Companies Registration Office and register the company in Turkey. At this stage, company registration fees must also be paid.
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Obtaining the necessary permits: depending on the type of activity of your company, you may need to obtain certain permits from the relevant government departments.
Import and export company registration in Türkiye
As mentioned, registering an import and export company in Turkey is one of the most popular options for foreign investors. Registering an import and export company in Türkiye allows you to enjoy the following benefits:
- Tax exemptions: Import and export companies in Turkey can benefit from tax exemptions on profits from the export of goods.
- Customs exemptions: Import and export companies in Turkey can benefit from customs exemptions on the import of raw materials and equipment needed to produce export goods.
- Quick and easy company registration process: Import and export company registration process in Turkey is simpler and faster than other types of companies.
Kargar Consulting and Investment Company, having a team of experienced specialists in the field of company registration in Turkey and import and export company registration in Turkey, is ready to provide consulting and support services to you in all stages of this process. Our experts will help you in choosing the right type of company, preparing the necessary documents, obtaining the necessary permits and completing the relevant forms.
In order to benefit from the benefits of registering an import and export company in Turkey and easily enter the global trade market, contact our experts at Kargar Consulting and Investment Company.
Important points about company registration in Türkiye
Registering a company in Türkiye brings you many benefits. However, there are important points that you should pay attention to before registering a company in Turkey:
- Use of an expert consultant: The company registration process in Türkiye has its own complexities. It is recommended to use the consulting and support services of lawyers specializing in company registration in Turkey to ensure the correctness of the registration process and prevent possible problems.
- Compliance with laws and regulations: Laws and regulations related to the registration and operation of companies in Turkey are constantly changing. It is essential to be familiar with the latest laws and regulations related to your company’s field of activity.
- Developing a business strategy: Before registering a company in Turkey, it is necessary to prepare a comprehensive and detailed business strategy. This planning will help you to clearly define your business goals and formulate the necessary strategies to achieve them.
- Market research: Before entering the Turkish market, it is necessary to conduct a comprehensive market research and examine the competition in your field of activity. This will help you to make the right decisions for your business by knowing the market better.
The benefits of using Karkar’s consulting and investment company to register a company in Türkiye
Kargar Consulting and Investment Company, with more than 14 years of brilliant experience in the field of company registration in Turkey, offers you a wide range of services so that you can set up your business in this country with ease. Among the most important benefits of using our services, the following can be mentioned:
- Expertise and experience: Our team consists of experienced and specialized lawyers in company registration matters in Turkey. We are fully familiar with all the laws and regulations related to the registration and activity of companies in Türkiye.
- Speed and accuracy: We will complete the company registration process in Turkey as quickly as possible and with high accuracy.
- Continuous support: We will be by your side even after registering the company in Turkey and we will provide you with consulting and support services in various fields.
- Competitive fees: We offer our services at a competitive and reasonable rate.
Focus on your business development with Kargar Consulting and Investment Company, we will take care of registering your company in Turkey!
To receive free advice on company registration in Turkey and import and export company registration in Turkey, contact our experienced experts at Kargar Consulting and Investment Company. We are proud to accompany you on your way to success in the booming market of Türkiye.
last word
With its strategic location at the intersection of Europe and Asia, Turkey is known as a bridge between East and West. This has made Türkiye an attractive destination for investors and entrepreneurs. Registering a company in Turkey brings you many advantages, including access to global markets, low costs, low taxes, political and economic stability, skilled and cheap labor, and the possibility of obtaining residency.
Registering an import and export company in Türkiye also provides unique opportunities for business with other countries of the world. The variety and high quality of Turkey’s export goods has made this country one of the important trading partners of many countries.
By registering a company in Turkey and using the consulting and support services of Kargar Company, you can easily open the gates of global trade and achieve success in the booming markets of this country and other countries of the world.
To get free advice on company registration in Turkey and import and export company registration in Turkey, contact our experienced experts at Kargar Consulting and Investment Company.
