Best New Business Formation Lawyers in Istanbul

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Arnone & Sicomo - International Law Firm

Arnone & Sicomo - International Law Firm

15 minutes Free Consultation
Istanbul, Turkey

Founded in 2017
28 people in their team
Italian
Turkish
English
Arnone & Sicomo is an International Law Firm founded by attorneys Gioia Arnone and Donatella Sicomo, with offices in major Italian cities including Palermo, Milan, Rome, Salerno, Catania, Cuneo, Venice, and Trento, as well as international locations such as London, Barcelona, Luxembourg,...
Pi Legal Consultancy

Pi Legal Consultancy

15 minutes Free Consultation
Istanbul, Turkey

Founded in 2021
55 people in their team
English
Spanish
Russian
Arabic
French
 Pi Legal Consultancy [PiLC] is a legal & business consulting international law office in Turkey. We have four offices based in ฤฐstanbul, Ankara and Batman. We also enjoy solution partners and lawyers based in most European Countries, Canada and the United States. PiLC is one of the...
Oran Partners

Oran Partners

1 hour Free Consultation
Istanbul, Turkey

Founded in 2016
10 people in their team
English
Turkish
Oran Partners stands out as the only law firm in Turkey focused entirely on medical malpractice. Our team of committed trial lawyers specializes in representing international individuals affected by medical negligence and their families. We bring a wealth of insight from both the medical and legal...
HS Attorney Partnership
Istanbul, Turkey

Founded in 1985
10 people in their team
English
HS Attorney Partnership is a full-service law firm with offices in Istanbul and Ankara, Turkey. Established in 1985, HS has a long-standing presence in the Turkish legal market, serving individuals, investors, corporates, financial institutions, funds, associations, and employers' unions.HS...
Kula Law Firm
Istanbul, Turkey

Founded in 2009
11 people in their team
English
Kula Law Firm providing comprehensive legal services to corporations and natural persons. One of the main facts of the Law is to be compatible with the changing conditions within the country and the world. Kula Law Firm adopts as a principle to be attuned to these changes expeditiously and always...
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Lexin Legal

Lexin Legal

1 hour Free Consultation
Istanbul, Turkey

Founded in 2018
12 people in their team
English
Turkish
Arabic
Russian
Italian
German
Kurdish
Armenian
Hebrew (modern)
Lexin Legal is a law firm established by two founding partners, Onur Calisici and Oruc Aygun with the primary objective of providing legal services in an efficient and effective manner. Lexin legalโ€™s international composition draws experts from a wide range of countries mainly including Turkey,...
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Tekin Law Firm

Tekin Law Firm

30 minutes Free Consultation
Istanbul, Turkey

Founded in 2000
1 people in their team
English
Turkish
I am an international arbitration specialist with 25 + years of cross-border dispute-resolution and corporate-legal experience, grounded in both private-practice and senior in-house roles.Today I serve as Vice-President of the Executive Committee of the Turkish Bar Association Arbitration Center,...
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Founded in 2021
3 people in their team
English
Turkish
Olmez & Olmez Attorney Partnership is located in Istanbul, Turkey and offers a variety of legal services for international clients. Practice areas include family law, corporate law, mergers & acquisitions, intellectual property, real estate, criminal law, international trade and commercial...
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CKAY

CKAY

30 minutes Free Consultation
Istanbul, Turkey

Founded in 2022
5 people in their team
Turkish
English
CKAY Law Firm, located in Istanbul, Turkey, has set its mission of providing services in all matters needed in the field of law. As a full-service English-speaking law firm, we provide continuous legal consultancy to individuals, families, companies, financial institutions, educational...
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About New Business Formation Law in Istanbul, Turkey

In Istanbul, the new business formation process is governed by the Turkish Commercial Code and other related laws. These regulations provide a legal framework for starting, registering, operating, and closing a business. In recent years, Turkey has made it easier for entrepreneurs by enforcing legal reforms to reduce bureaucracy, increase transparency and promote investment. To start a business, one will need to decide on the type of business entity, register with the Trade Registry Office, obtain the necessary licenses and permits, and fulfill tax obligations.

Why You May Need a Lawyer

While it's possible to form a new business in Istanbul without legal help, hiring a lawyer can save you from future complications. Interpretation of legal provisions, dealing with bilingual documents, understanding the local business culture, and navigating through complex procedures are some of the areas where you might require legal assistance. A lawyer can also help in assessing risks, crafting business contracts, ensuring the protection of intellectual property, and dealing with disputes if they arise.

Local Laws Overview

Turkish Commercial Code plays a pivotal role in new business formation in Istanbul, Turkey. It states that businesses can be formed under various legal forms, such as Limited Liability Companies, Joint-Stock Companies, Commandite Companies and Collective Companies. Depending on the selected form, minimum capital requirements and liabilities vary. Additionally, businesses must comply with the corporate tax law, environmental laws, labor laws, and industry-specific regulations. Non-Turkish residents may also need to understand laws on foreign investment and business visa requirements.

Frequently Asked Questions

1. How long does it take to set up a business in Istanbul?

The process can take between a week to a month depending on the type of the business, as obtaining certain permits may require additional time.

2. Can foreigners start a business in Istanbul?

Yes, non-Turkish residents can set up a business with 100% foreign ownership, although some sectors might have restrictions on foreign capital.

3. Are there tax benefits for startups in Istanbul?

Yes, Istanbul provides various tax incentives for newly established businesses in certain sectors and development regions, subject to certain conditions.

4. What are the most common types of businesses in Istanbul?

The most common types of businesses are Limited Liability Companies and Joint-Stock companies due to their flexibility and limited liability characteristics.

5. Can a single person establish a company in Istanbul?

Yes, a single individual can establish a company in Istanbul according to the Turkish Commercial Code.

Additional Resources

You can seek help from governmental bodies such as the Ministry of Trade, Invest in Turkey, and Istanbul Chamber of Commerce. Additionally, the Guidance on Doing Business in Turkey by PWC and the Ease of Doing Business Report by the World Bank also provide valuable insights.

Next Steps

If you require legal assistance in new business formation in Istanbul, consider contacting a local law firm or a consulting agency that specializes in business law. They can provide accurate advice based on your specific requirements and assist you through the entire process. Don't forget to validate their credentials and go through their client reviews before retaining their services.

Lawzana helps you find the best lawyers and law firms in Istanbul through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including New Business Formation, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Istanbul, Turkey - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.