Starting an independent business in a foreign country can be overwhelming because of the difference in registration policies and other areas of concern than those in one's native land. However, it is becoming easier by the day with practical advice from several foreign consultancy firms who assist dedicatedly in establishing a business in an unknown country. They help with registration methods, shareholder information, capital enhancement, and so forth to grow the company. For example, if one is interested in opening a company in Turkey, one must follow certain norms and guidelines for a successful company formation in Turkey.

One of the complicated processes is company registration in Turkey. The steps involved, however, are simple. First, a specific commercial activity needs to be selected, with the type and minimum capital of the company determined. After that, the company charter needs to be drafted with the approval of the founders. And then, the application for registration of the company should be made to the trade registry office, submitting all required documents. It is how the registration of the company will be completed in Turkey. However, to complete the entire process of the company establishment, one more step needs to be followed. Before the formation, at least one-fourth of the capital should be blocked by the company bank account. And finally, the establishment can be announced with absolute affirmation.

Another important part of company registration in Turkey is trademark registration. It is crucial to make sure that the company trademark is registered under the owner's name. Otherwise, it makes the brand susceptible to dishonest abuse. According to the relevant Turkish Code, serious sanctions are applicable for illegitimate use of a trademark in Turkey. It helps prevent any utilization of the goods and services of the brand within the scope of registration. The owner can have the trademark usage under his authority and lend to others if necessary according to his own will.

Hence, it is impossible to establish your business venture in a foreign land, especially in Turkey. Just following some necessary steps and precautionary measures carefully regarding the ownership and registration of the company should be adequate, to begin with, your enterprise on Turkish soil. Hopefully, this article will provide a little idea about the do's and don'ts of forming a company in Turkey.