{"id":22502,"date":"2023-10-10T13:12:49","date_gmt":"2023-10-10T13:12:49","guid":{"rendered":"https:\/\/www.azkangroup.com\/?p=22502"},"modified":"2024-01-04T10:04:27","modified_gmt":"2024-01-04T10:04:27","slug":"what-are-the-steps-to-establish-a-sole-proprietorship-in-turkey","status":"publish","type":"post","link":"https:\/\/www.azkangroup.com\/what-are-the-steps-to-establish-a-sole-proprietorship-in-turkey","title":{"rendered":"What are the Steps to Establish a Sole Proprietorship in Turkey ?"},"content":{"rendered":"\t\t
Here is a guide on how to register a sole proprietorship in Turkey.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
First, decide on the type of business activity you intend to pursue as a sole proprietor. Ensure that your chosen business complies with Turkish regulations.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
Select a unique and appropriate name for your sole proprietorship. Ensure that the name is not already in use by another business in your area of operation.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
You need to obtain a tax identity number from the nearest tax office (Vergi Dairesi) or online through the Tax Administration’s website. This number is essential for your business’s taxation.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
Gather the required documents, which typically include your Turkish ID (kimlik kart\u0131)<\/a>, proof of address (e.g., utility bill), and any other specific documents related to your business activity.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t If your business activity requires it, you may need to register with the Chamber of Commerce (Ticaret Odas\u0131). Some professions and businesses, such as consultancy services, may necessitate this step.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t For certain business activities, you may need to have contracts or agreements notarized. Consult with a notary public if this is required for your business.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t After processing your application, the Trade Registry Office will issue a registration certificate (Ticaret Sicil Gazetesi). This certificate confirms your sole proprietorship’s legal existence.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t Depending on your circumstances, you may need to register for social security. This ensures that you and your employees have access to social benefits and healthcare.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t Fulfill your tax obligations, which may include income tax, value-added tax (VAT), and any other taxes relevant to your business activity. Keep accurate financial records to facilitate tax compliance.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t Depending on your business type, you may require additional licenses or permits. Ensure that you comply with all necessary regulations and obtain the required licenses.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t It is advisable to open a separate bank account for your business transactions. This will help keep your personal and business finances separate.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t Once your sole proprietorship is registered and you have met all legal requirements, you can start operating your business.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t Remember that the specific steps and requirements may vary depending on your business type and location. Consulting with Azkan Group’s legal or business advisor in Turkey<\/a> can provide you with tailored guidance and ensure that you meet all legal obligations when establishing your sole proprietorship.<\/p> Azkan Group can support you in your Employer of Record<\/a> (EOR<\/a>) and payroll<\/a> requests (also called Umbrella Company<\/a>) in Turkey. We can manage your HR requests even if you don’t have a legal entity in Turkey.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":" Establishing a sole proprietorship in Turkey involves several steps. Here is a guide on how to register a sole proprietorship in Turkey. 0 Steps to establish a sole proprietorship in Turkey 1. Determine Your Business Activity First, decide on the type of business activity you intend to pursue as a sole proprietor. Ensure that your…<\/p>\n","protected":false},"author":3,"featured_media":22504,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[],"yoast_head":"\n