Turkey and the United Kingdom share a robust economic relationship, significantly strengthened by the Free Trade Agreement (FTA) signed post-Brexit. For UK Citizens and British companies, Turkey offers a strategic hub connecting Europe and Asia.
At Turkish Trade Lawyers, we specialize in helping investors from the United Kingdom navigate the Turkish Commercial Code securely.
Unlike general foreign investors, United Kingdom entities benefit from specific bilateral agreements.
For most UK entrepreneurs, the choice is between a Limited Liability Company (Limited Şirket) and a Joint Stock Company (Anonim Şirket).
| Feature | Limited Company (LLC) | Joint Stock Company (JSC) |
|---|---|---|
| UK Equivalent | Private Ltd. | PLC (Public Ltd Company) |
| Min. Capital | 50.000 TRY (approx. £1,150) | 250.000 TRY (approx. £5,750) |
| Shareholders | Min 1, Max 50 | Min 1, No limit |
| Liability | Limited to capital subscription | Limited to capital subscription |
Note: The GBP conversion is estimated based on current exchange rates and may vary.
To incorporate your company in Turkey, you do not need to reside in Turkey or have a Turkish partner.
A: UK Citizens are exempt from visa requirements for touristic and business visits of up to 90 days within any 180-day period.
A: Yes. You can register a "Branch Office" of your UK-based parent company. This structure allows you to repatriate profits to the United Kingdom more easily, but the parent company remains fully liable.
A: The treaty signed between Turkey and the United Kingdom allows you to deduct the tax paid in Turkey from your tax liability in the UK, preventing double charges on corporate income.
Our team specializes in assisting UK investors with seamless company formation and legal compliance.
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