Company formation cost calculator

How it is calculated

• Minimum capital. The minimum amounts for a limited company (limited şirket, Ltd) and a joint-stock company (anonim şirket, A.Ş.) are set by Presidential decision; those in force since 1 January 2024 are in the table (TTK arts 332/1, 580/1; Decision 7887). If the capital entered is lower, nothing is calculated.
• Trade-registry harç. A company with share capital pays one harç for the registration and announcement of the business and its name, and a further harç for each person authorised to represent it (Fees Law, tariff (1) C.I.1.c and I.2.c). The chamber collects it in advance (Fees Law art. 132).
• Competition Authority payment. Four per ten thousand of the capital of a newly formed A.Ş. or Ltd (Competition Law art. 39/1(c); Communiqué 2017/4 art. 5). Without the receipt the registry will not register the company. The calculator takes the payment on the whole capital stated in the articles.
• Trade Registry Gazette announcement. The formation announcement is charged per word; the tariff takes effect with the Ministry of Trade’s approval (Trade Registry Gazette Regulation art. 7/2, as quoted on the tariff page).
• Signature declaration at a notary. The signatures of those authorised to sign are normally taken electronically from public databases; where there is no record, the declaration is given to the trade-registry office (TTK art. 40/2). If it is made at a notary, the calculator adds the harç per signature on a document stating no sum, the notary fee, the writing fee for two pages and VAT. The figures come from the same data file as the notary fee calculator.
• Cash capital (not a cost). In an A.Ş., at least a quarter of the nominal value of the cash shares is paid into a special bank account in the name of the company being formed before registration, and the rest within 24 months of registration (TTK arts 344/1, 345/1). If the company does not acquire legal personality within three months, the bank returns the payments (art. 345/2). A Ltd need not pay anything before registration (art. 585/1).

Example

A limited company with capital of 100,000 TL, one person authorised to represent it, a 100-word announcement and no notary declaration: the trade-registry harç, the Competition Authority payment and the announcement come to 44,241.30 TL at the 2026 tariffs. No capital has to be paid in before registration.

What it leaves out

• Professional costs. Accountant, lawyer, translator and sworn-translator costs, and apostille. These tariffs have no separate item for a foreign shareholder, so the calculator has no foreign-shareholder option.
• MERSİS. The application steps in MERSİS are not part of the calculation.
• Registry charges. Any charge of the trade-registry office or TOBB other than the harç, such as a service-fee tariff, was not read and is not included. The registry items calculated are Fees Law harç.
• The chamber. Registration fees and dues of the chamber of commerce differ by chamber and are left out.
• Signing the articles. Having the articles of an A.Ş. notarised is not included (TTK arts 335/1, 339/1); Ltd founders sign before the trade-registry office (art. 575/1).
• Kinds of capital. The registered-capital system (a higher initial capital, art. 332/1; Decision 7887), capital in kind and share premiums.
• Other items. VAT on the Gazette announcement, tax office, social-security and bank procedures, ledger certification and later registrations after formation.