Below you’ll find a concise overview of the average costs required to establish and maintain a standard Limited Şirket (LTD) in Türkiye in 2025. This breakdown covers one of the most common business entities and reflects the core statutory expenses backed by official sources.
Typical Company Formation Costs in Türkiye
The table below presents the average initial costs for registering a Limited Şirket (LTD), the most commonly used entity structure in Türkiye for both local and international investors.
| Cost Item | Amount (TRY) | Details |
|---|---|---|
| Minimum capital requirement | 10,000 ₺ | Paid-in capital to be registered |
| Company registration fee (Trade Registry Office) | 1,200 ₺ | Official registration fee |
| Notary fees (Articles of Association, signatures, etc.) | 600 ₺ | Notarization of necessary company documents |
| Legal advisory/lawyer fees (average) | 200 ₺ | Standard legal consultancy during incorporation |
| Total average creation cost | 12,000 ₺ | Aggregate for a straightforward LTD setup |
Note: USD equivalents are subject to the prevailing exchange rate (e.g., 1 USD = 30 TRY results in 12,000 ₺ ≈ $400).
Annual Maintenance Costs for an LTD in 2025
Maintenance costs in Türkiye for a standard company mainly reflect statutory obligations and administrative requirements. Costs vary based on company size and scope but the following table summarizes the most typical yearly expenses for the LTD structure:
| Annual Expense | Typical Range (TRY) | Notes |
|---|---|---|
| Mandatory accounting services | 6,000 ₺ | Bookkeeping, payroll, and monthly reporting |
| Annual Chamber of Commerce membership | 500 ₺ | Annual recurring membership fee |
| Annual tax declaration fees | 500 ₺ | If outsourced to an accountant |
| Optional legal advisory | 2,000 ₺ | For ongoing legal support |
| Other administrative/operational fees | 6,000 ₺ | Bookkeeping, insurance, incidental filings |
| Total annual maintenance | 6,000 ₺ – 15,000 ₺ | Depending on usage of optional services |
Approximate USD equivalent: 6,000 ₺ – 15,000 ₺ ≈ $200 – $500 (using 1 USD = 30 TRY).
Source Documents and Further Reading
For the official and most up-to-date regulations regarding Turkish company formation and ongoing compliance, refer to the primary government portals:
- Trade Registry Office (Ticaret Sicil Müdürlüğü)
- Istanbul Chamber of Commerce
- Investment Office of the Presidency of the Republic of Türkiye
Pro Tips: Streamlining Your Turkish Company Set-Up and Compliance
- Always consult real-time with your chosen accountant to verify current mandatory and optional annual fees, as local practices can vary, especially with optional advisory services.
- Pre-pay notary and registry costs—delays are common when paperwork or payments are incomplete at the Trade Registry Office.
- Optimize yearly administrative expenses by negotiating bulk service packages for accounting, tax filings, and legal advisory where possible before signing service contracts.
- Register your mandatory taxes and duty payments online through official government portals to minimize unnecessary trips and potential administrative fines.
- Review Chamber of Commerce membership requirements annually, as rates and obligations sometimes fluctuate regionally or can be indexed to your firm size.
In summary, Türkiye’s average costs for creating and maintaining a Limited Şirket (LTD) are transparent and predictable for 2025, especially when compared with jurisdictions of similar scale. While the minimum capital requirement represents the most significant initial outlay, annual compliance and administrative fees remain moderate for most SMEs operating in the country. For best results, always rely on updated official guidance and leverage experienced local professionals to mitigate surprises.