Company setup in Turkey

Turkey’s movement toward membership in the EU is creating momentum for adopting European business regulations and standards, thereby making it easier to establish a company in Turkey.

The registration and establishment of a company in Turkey can be completed in one day but it is best to allow three days. The process is now handled by one ministry which acts as the coordinator between all authorities. There are no rules requiring a Turkish participation in the capital or management of a company with foreign capital.

Only 3 days days to incorporate.
100% foreign shareholders allowed.
Only 2 shareholders required
Equal treatment for domestic and foreign shareholders.
Capital requirement is TL 5,000 <€2,500>
Directors can be of any nationality.
Company Formations are now dealt with by one ministry which acts as the coordinator between all authorities.
Automatic membership of the Chamber of Commerce for your company.
No obligation requiring Turkish participation in the management of your company.

Citation: http://www.companyinturkey.com/company-setup-in-turkey.html