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IMPORTANT UPDATES REGARDING COMPANY ESTABLISHMENT BY FOREIGNERS IN TURKEY

On 20/02/2021, the Ministry of Commerce has published the "Communiqué on the Amendment of the Communique on Signing the Company Establishment Agreement at the Trade Registry Directorates" in the Official Gazette. With this amendment, it is now possible to arrange all signature declarations in the Trade Registry or Notary, except the ones submitted at the establishment of a limited liability company. Foreigners have also been given the opportunity to be issued signature declarations with apostille certified from the Turkish Consulates abroad or the relevant authority in their country. However, notarized translation of these documents must still be submitted to the trade registry in Turkey.
In addition, authorized representatives of real or legal entity merchants do not need to issue signature declarations if their signature data is already available in the electronical databases of the Public Institutions and Organizations.
Respectfully submitted.
ESİS Law Office

Yol Tarifi