The right option depends on your business activity, your commercial objectives, the level of local autonomy you need, and the regulatory constraints that apply to your project. A subsidiary, branch, or liaison office will not serve the same purpose, so the choice should be based on your actual business needs rather than on administrative simplicity alone.

A Commercial and Industrial Setup Analysis in Turkey helps determine which structure is the most suitable in practice. See our case study for more details.

Setting up a company in Turkey is relatively straightforward and can be done quickly, provided the project is properly prepared upfront. The first step is to define the right setup framework: legal structure, share capital, governance, organization, signature powers, and registered address. The full legal, tax, and administrative process can then be managed, including the opening of company bank accounts. In practice, the key issue is not so much the theoretical timeline as the quality of preparation and the ability to manage the process end to end, in order to avoid start-up mistakes and ensure the structure is set up on a secure basis.

The key factor is less the theoretical timeline than the quality of preparation and the ability to manage the process end to end in order to avoid start-up mistakes and secure the Implementation of the Structure.

Establishing a structure in Turkey is not limited to the initial CAPEX or incorporation costs. You also need to anticipate the subsidiary’s OPEX: administrative expenses, local obligations, accounting setup, human resources, structural costs, and operational needs, as well as Subsidiary Management for local support depending on the project. A realistic view of CAPEX and OPEX is essential to size the structure properly and define the right capital and funding strategy from the outset.

Turkey offers several types of industrial locations, each with different logic and advantages: organized industrial zones (OIZs), free zones, technoparks, or locations outside dedicated zones. Depending on the case, the differences may concern land, infrastructure, procedures, costs, exemptions, investment incentives, and tax or customs advantages. The right choice must be made based on the actual industrial project, CAPEX / OPEX assumptions, and the level of operational support required.

A Commercial and Industrial Setup Analysis helps frame that decision, while our Industrial Setup Solution in Turkey helps put it into execution.

Acquiring a company in Turkey allows you to access an existing structure, teams, industrial assets, licenses, or an established client portfolio more quickly. This type of transaction requires a structured target screening process, followed by full due diligence covering strategic, financial, legal, tax, labor, and operational aspects, before any negotiation, transaction structuring, or SPA drafting.

A Company Acquisition (M&A) in Turkey therefore needs to be managed through a genuine M&A approach and a thorough review of the target.