Although the Law does allow for the incorporation of “personal companies” (where company owners are fully liable with their personal assets for any and all company debts), capital companies are the most common form of business entities in Turkey utilized by both local and foreign investors. Accordingly, investors may choose to incorporate a new company as part of a start-up. It should be noted here again that full ownership (100%) of Turkish corporate entities by foreign (non-resident) companies and/or foreigner individuals is permitted.
Our aim particularly for start-ups is to provide our clients with the broad range of legal and strategic services. Starting a business from scratch can be a challenging task. We bring the expertise, experience and judgment necessary to guide start-ups through the minefield of legal problems they might face in the market.