Is it possible to obtain a residence permit in Türkiye by establishing a company?

Obtaining a Residence Permit by Establishing a Company in Türkiye

Türkiye has become one of the countries attracting significant interest from foreign investors in recent years. There are particularly significant opportunities in Türkiye for foreign entrepreneurs looking to establish companies.

However, there is a question that is frequently asked in practice:

Can foreigners who establish a company in Türkiye automatically obtain a residence permit?

The legal answer to this question is a bit more detailed. Establishing a company in Turkey does not automatically grant a residence permit. However, under certain conditions, foreign investors can obtain a residence permit or work permit

Foreigners Establishing Companies in Türkiye

It is possible for foreigners to establish companies in Türkiye. Foreign investors can establish companies under the same conditions as Turkish citizens.

The most popular types of companies owned by foreigners in Türkiye are:

limited company
incorporated company

These companies the Turkish Commercial Code .

Company Formation Process

The process for foreigners to establish a company in Türkiye generally consists of the following stages:

Determining the type of company
preparation of the main contract
registration in the trade registry
obtaining a tax identification number
opening a bank account

These processes can usually be completed quickly.

Does Establishing a Company Grant a Residence Permit?

Establishing a company in Turkey does not automatically grant a residence permit. However, foreigners who own companies may, in some cases, apply for a short-term residence permit

This permission is usually granted for the following reasons:

conducting commercial activities
establishing business connections
investment activities

These types of applications the Directorate of Migration Management .

Work Permit for Company Owners

Foreigners who establish companies in Turkey often a work permit .

Work permit applications from foreign company owners the Ministry of Labor and Social Security .

This permit allows the foreign entrepreneur to work legally in the company.

Requirements for a Work Permit

There are certain criteria that foreign company owners must meet when applying for work permits.

These criteria may include:

the company is actively operating
having a certain amount of capital
Employment of Turkish workers

These conditions are applied to assess whether the investment is legitimate.

Types of Residence Permits for Investors

Foreigners who establish companies in Türkiye may be eligible for different types of residence permits in certain circumstances.

These permit types include the following:

short-term residence permit
work permit
Turquoise Card

These permits allow investors to operate in Türkiye.

Is it possible to obtain Turkish citizenship by establishing a company?

Establishing a company in Türkiye does not, by itself, grant citizenship.

However, in some cases, foreign investors can apply for Turkish citizenship through different investment avenues.

For example:

real estate investment
a certain amount of capital investment
job creation

These investments can be used for citizenship applications.

Legal Issues to Consider When Establishing a Company

Foreign investors need to pay attention to certain legal issues when establishing a company.

The following points are particularly important:

Choosing the right type of company
understanding tax liabilities
compliance with commercial law rules

These issues are important for the sound execution of the investment.

Tax Obligations for Foreign Investors

Foreign investors who establish companies in Türkiye are subject to certain tax obligations.

These obligations include the following:

corporate tax
VAT
income tax

It is important to comply with tax regulations.

Mistakes Made During Company Formation

In practice, some foreign investors may make mistakes during the company formation process.

The most common mistakes are:

Choosing the wrong type of company
not seeking legal advice
disregard for tax liabilities

These mistakes could lead to serious problems in the future.

Advantages of Investing in Türkiye

Türkiye offers many advantages for foreign investors.

Some of these advantages include:

strategic geographical location
developing economy
young workforce
wide market opportunities

Therefore, Türkiye has become an attractive country for investors.

Conclusion

Establishing a company in Turkey offers significant opportunities for foreign investors. However, establishing a company alone does not automatically grant a residence permit. Foreign entrepreneurs often need to obtain a residence permit or work permit to operate in Turkey

Ensuring that company formation and investment processes are conducted in accordance with the law is of great importance both for the sustainability of commercial activities and for the legal security of foreign investors.

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