How to Register a Company in Turkey: Complete 2026 Guide

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1. 14 July 2026 · corrected by Emir Baycan

   Corrected the stale USD/TRY exchange rate from 32.2 to the current 47, updated LLC minimum capital from 10,000 to 50,000 Turkish Lira and Joint Stock Company minimum capital from 50,000 to 250,000 Lira (both per a 2024 Presidential Decree), and fixed the dividend withholding tax rate for non-residents, raised from 10% to 15% effective December 22, 2024. LLC minimum capital was further confirmed corrected in the paired FAQ data during a later consistency audit.

   Before

   The Limited Sirketi is the most common choice for small and medium-sized businesses, including foreign-owned enterprises. It requires a minimum capital of 10,000 TRY, can have between 1 and 50 shareholders... The Anonim Sirketi... requires minimum capital of 50,000 TRY... Withholding Tax applies to dividends (10%), interest, and royalties paid to foreign parties.

   After

   The Limited Sirketi is the most common choice for small and medium-sized businesses, including foreign-owned enterprises. It requires a minimum capital of 50,000 TRY (raised from 10,000 TRY effective January 1, 2024 under Presidential Decree No. 7887), can have between 1 and 50 shareholders... The Anonim Sirketi... requires minimum capital of 250,000 TRY (raised from 50,000 TRY effective January 1, 2024 under Presidential Decree No. 7887)... Withholding Tax applies to dividends (15%, raised from 10% effective 22 December 2024), interest, and royalties paid to foreign parties.

   Why: The article cited pre-2024 minimum capital figures (10,000 TRY LLC / 50,000 TRY JSC) and a stale 10% dividend withholding rate; Presidential Decree No. 7887 raised capital minimums to 50,000/250,000 TRY effective January 1, 2024, and a December 2024 decree raised non-resident dividend withholding to 15%.

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