Our expert lawyers provide incorporation services in Istanbul, Ankara, İzmir and Antalya. DN Partners provides its services in English, Russian, Persian and Turkish and with years of expertise.

1. GUIDE TO SET UP BUSINESS IN TURKEY
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2. • Large Domestic and Regional Market
• Close Proximity to Major Markets: Turkey offers easy access to 1.5
billion people and a combined market worth of USD 24 trillion GDP in
Europe, MENA, and Central Asia within a 4-hour flight Radius.
• Hub for Multinationals : Multinationals are increasingly choosing
Turkey as a preferred hub for manufacturing, exports, as well as
management.
• Bridge Between the East and West : Creating an efficient and cost-
effective hub to major markets.
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3. • Favorable Demographics; young and dynamic
population with half under 32 years old
• Skilled and Cost-competitive Labor Force;
Turkey's overall labor force is around 32.7 million
people, which makes the country the 3rd largest
labor force in Europe
• Civil and Tax Laws; have been adapted from
Swiss and German laws and during the EU
process have been continously updated.
• Liberal Investment Climate, no barriers for FDI,
strong protection for investors.
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4. STEPS TO LAUNCH BUSINESS IN TURKEY
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5. • We incorporate your company in 2 (two) weeks.
• According to the Turkish Law, either Limited Liability
Company or Joint Stock Company can be incorporated.
• Either a legal entity or real entity can be the shareholder
of the new company.
• Foreign investors are treated same with local investors:
Upon enactment of the (FDI) Law No. 4875 in Turkey,
international investors have gained the same rights and
obligations with the local investors.
• CAPITAL REQUIREMENTS:
• Minimum capital requirement for LLC: TRY10.000
• Minumum capital requirement for JSC: TRY50.000
• Branches: No capital requirement
• Liasion office: No commercial activity
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6. • After the incorporation of your new Turkish
company, our team will help you to open the
corporate bank account of your new
company.
• With your corporate bank account you will
be able to remotely control your company
and you can open your bank account in EUR,
USD, TRY, RUB and many other currencies.
• International investors are allowed to
transfer abroad through the banks net
profit, dividends, sales amounts, amounts
arising from liquidation, and compensation
arising in connection with their operations
and transactions in Turkey.
• International investors are also entitled to
make money transfers abroad in any
currency
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7. DNPartners will also provide the following services under Company secretarial services ;
• Providing registered company address,
• Providing accounting and tax compliance services,
• Company directorship services.
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8. • DNPartners will assist you to find the investor a virtual
office space. The company needs office address and
without renting a house; DNPartners can settle your
new company’s registered address to one of the most
reputable residences in Istanbul.
• With using our service; you will have your new
company’s registered address in Trump Towers, the
heart of financial and business district in Istanbul.
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9. • In the need of foreign client; we can find you a
Turkish local director who can manage your
company.
• This local director will pay your taxes, use
signatory power of your shareholder and
director position in the company.

10. • With our partner accounting firms, we provide
accounting and tax compliance services to foreign
investors. The accounting firms will be providing all
of their services to foreign investors in English.
• The accounting service is obligatory for the legal
entities in Turkey.
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11. The corporate tax rate levied on business
profits is 23% for year, 2022 and 20% for
year, 2023.
When dividends are paid out, the company is required to
make a withholding from the dividends. The rate of
withholding tax is 10%. Dividends paid to a Turkish
resident entity or a Turkish branch of a foreign company
is not subject to the withholding tax.
The standard VAT rate applies to all
supplies of goods or services, unless a
specific measure provides for a reduced
rate or exemption. It is 18%.

12. • DNPartners is an Istanbul based law and consultancy firm
specialized in Corporate, Compliance, Foreigners, Real Estate
and Employment Law.
• Our primary goal as DNPartners, is to provide our clients high-
quality legal services with our dedicated and qualified team of
professionals.
• Our main principles at DNPartners are high-end client service
and results-oriented legal approach. We adhere by the below
guidelines to provide a high-quality experience for each one of
our clients.
• DNPartners provides legal services for your local, national and
international needs.
• Understand the business of every client, in order to
understand and their unique needs.
• Offer clear communication and respond in a timely
manner.
• Approach every problem of our clients with upmost
personal care.
• Set the most comprehensive strategy possible to
meet every Client’s expectations and needs with a cost-
effective fashion
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13. www.dn-partners.com
Nazli earned the Bachelor’s Degree in Law and International Relations from Koç University.
She completed EU Law and Banking and Finance Regulation program in EBS Universitat für
Wirtschaft und Rechts, Frankfurt. She was selected as the Young Tax Professional of the
year in Turkey by EY in 2017. She is holding LLM degree in Medical Law from Galatasaray
University She worked in inleading law firms in Turkey such as DLA Piper, Clifford Chance.
She focuses on contract law, corporate law and medical law. Nazlı has en excellent
command in English and is native in Persian.
Some transactions she worked in the past:
• Assisted and adviced general corporate matters of Trelleborg AB.
• Adviced an energy conglomerate in Turkey regarding acquisiation of the shares of an
Iranian company in Iran.
• Asssited and adviced Altıparmak Gıda for its loan agreement from EBRD.
• Assisted in the formation of sale agreement of wind tribunes of Enercon in Turkey.
Att. Nazlı Özkul
Partner
T: +90 212 951 03 94, 1000
M: +90 507 604 23 25
E-mail: nazli@dn-partners.com

14. www.dn-partners.com
Demet earned the Bachelor’s Degree in Law from Yeditepe University. She completed her
master degree in International Relations from Galatasaray University. She had worked in a
leading maritime law firm (C&C) in Turkey. She focuses on maritime law, dispute
resolution, bankruptcy and reinforcement. Demet has advanced command in English.
Some transactions that she worked in the past:
• Debt collection derives from the loan agreements of Credit Europe Bank.
• Carrying out the reinforcement process of the ships and shipyards on behalf of Credit
Europe Bank.
• Advising commercial litigation matters to Soccar.
•Providing legal consultancy regarding bankruptcy postponement for Sarphan
Construction.
• Following up MSC’s demurrage claims arising from business lawsuits and maritime
transportation.
• Following up all kinds of lawsuits and enforcement process of Istanbul Deniz Otobüsleri
A.Ş.
• Member of WISTA and Young Professionals in Yachting
Att. Demet Özkaya Çölgeçen
Partner
T: +90 212 951 03 94, 1002
M: +90 533 413 75 04
E-mail: demet@dn-partners.com

15. Our Address:
Teşvikiye Mah. Şakayık Sok. No:42 D:6
Posta Kodu: 34365 Şişli/İstanbul
Get in Touch:
T: +90 212 951 03 94
M: info@dn-partners.com
Website:
www.dn-partners.com
www.dn-partners.com