If you are wondering what a company with foreign partners and origin is and how to establish it, this article is for you! You can find all the details in our article.

Companies with foreign partners are formed in the globalizing world as a result of partners from the same or different countries coming together and establishing a company. Establishing a company with foreign partners can provide various advantages in the business world and allows companies to access new markets and benefit from different resources. “Single foreign partner limited company” is a type of limited company established by a foreign partner in cooperation with a local company. In our article, you can find the concept of a foreign partner company, how it is established, and what documents are required.

How to Establish a Company with Foreign Partners?

Establishing a company with foreign partners requires certain steps and procedures. First of all, the structure of the company, its capital, distribution of shares and the objectives of the business should be determined among the partners. Then, the relevant chamber of commerce should be contacted and the company registration process should be carried out. During the registration process, the company contract, identity documents of the partners and other necessary documents must be submitted. The establishment of the company must also be reported to the tax office.

Documents Required to Establish a Company with Foreign Partners:

The company agreement is an official document that determines the basic terms and conditions of a company with foreign partners. This agreement includes in detail the field of activity of the company, the rights and responsibilities of the partners, capital structure and distribution, management and decision-making mechanisms. This document ensures that the relationships and functioning between partners are clear and transparent.
Identity documents or passports of foreign and domestic partners are required for official registration of the company. Documents verify the identities of partners and are used in official transactions.
The tax plate is an official document that shows the company's tax number and proves that it is a taxpayer. The document is required in various official and financial transactions.
The signature declaration identifies the persons authorized to sign on behalf of the company. The document contains the company's signatures to be used in official transactions and agreements and states that these signatures are binding on the company.
The registration certificate shows that the company is registered with the relevant chamber of commerce. In order for the company to start operating legally, it must be registered with the relevant chamber of commerce and this document must be obtained. The registration certificate proves the legal status of the company and is used in various official transactions.

Work permit status for companies with foreign partners:

The company must meet certain conditions to obtain a work permit. In addition, if foreign companies do not reside in Turkey and foreign partners do not have authority in limited companies, the obligation to obtain a work permit is eliminated.

Foreign nationals have the right to establish a company in Turkey with 100% shares. They can also become partners in a company, provided that they do not own less than 40% of the shares. The company's paid-in capital must be at least 100,000 TL. In addition, the gross sales amount must be 800,000 TL. If this condition is not met, it is sufficient for the last year's export amount to be 250,000 dollars.

Companies wishing to request a work permit are required to employ 5 Turkish citizens for each foreign partner. Although a work permit is not required for foreign partners during the establishment of the company, this permit can be obtained later.

If you are wondering what a company with foreign partners and origin is and how to establish it, this article is for you! You can find all the details in our article.

Companies with foreign partners are formed in the globalizing world as a result of partners from the same or different countries coming together and establishing a company. Establishing a company with foreign partners can provide various advantages in the business world and allows companies to access new markets and benefit from different resources. “Single foreign partner limited company” is a type of limited company established by a foreign partner in cooperation with a local company. In our article, you can find the concept of a foreign partner company, how it is established, and what the required documents are.

How to Establish a Company with Foreign Partners?

Establishing a company with foreign partners requires certain steps and procedures. First of all, the structure of the company, its capital, distribution of shares and the objectives of the business should be determined among the partners. Then, the relevant chamber of commerce should be contacted and the company registration process should be carried out. During the registration process, the company contract, identity documents of the partners and other necessary documents must be submitted. The establishment of the company must also be reported to the tax office.

Documents Required to Establish a Company with Foreign Partners:

The company agreement is an official document that determines the basic terms and conditions of a company with foreign partners. This agreement includes in detail the field of activity of the company, the rights and responsibilities of the partners, capital structure and distribution, management and decision-making mechanisms. This document ensures that the relationships and functioning between partners are clear and transparent.

Identity documents or passports of foreign and domestic partners are required for official registration of the company. Documents verify the identities of partners and are used in official transactions.

The tax plate is an official document that shows the company's tax number and proves that it is a taxpayer. The document is required in various official and financial transactions.

The signature declaration identifies the persons authorized to sign on behalf of the company. The document contains the company's signatures to be used in official transactions and agreements and states that these signatures are binding on the company.

The registration certificate shows that the company is registered with the relevant chamber of commerce. In order for the company to start operating legally, it must be registered with the relevant chamber of commerce and this document must be obtained. The registration certificate proves the legal status of the company and is used in various official transactions.

Work permit status for companies with foreign partners:

The company must meet certain conditions to obtain a work permit. In addition, if foreign companies do not reside in Turkey and foreign partners do not have authority in limited companies, the obligation to obtain a work permit is eliminated.

Foreign nationals have the right to establish a company in Turkey with 100% shares. They can also become partners in a company, provided that they do not own less than 40% of the shares. The company's paid-in capital must be at least 100,000 TL. In addition, the gross sales amount must be 800,000 TL. If this condition is not met, it is sufficient for the last year's export amount to be 250,000 dollars.

Companies wishing to request a work permit are required to employ 5 Turkish citizens for each foreign partner. Although a work permit is not required for foreign partners during the establishment of the company, this permit can be obtained later.