Company / Branch Establishment
We enable the non-resident foreign companies in Turkey to realize their commercial activities in the country based on the reasons such as access to emerging markets and the need for new markets. We provide professional support to the companies to maintain their activities via the branches in Turkey or local corporation to be established by developing solutions specific to the companies and managing the legal processes. Due to the reasons such as reaching to emerging markets and need of a new market, the foreign companies that are non-resident in Turkey can execute their commercial activities in Turkey through their branches or local corporation to be established. The branches and companies can engage in commercial activities in contrast to the Liaison Offices.
The branches have following features:
1.) To be affiliated to the head office,
2.) To be independent,
3.) To operate in various locations,
4.) To have a joint or separate accounting,
5.) To have the capacity of conducting commercial activities on their own.
The activities in which the branch engages are required to be same or similar to that of the head office. Notwithstanding, in case a separate company is incorporated, it may operate outside the scope of the Parent Company’s area of activity. The companies are obliged to be registered in the trade registry and perform their chamber registration. This obligation is stated in the Turkish Commercial Code as “The branches of commercial enterprises whose main office is in Turkey are registered and declared in the trade registry of the place where they are located.”