A business formation attorney can open important doors for you in business life. You may need an experienced business start-up lawyer, especially when starting a business in a different country where you have never been involved in business life before. As Atlas Legal Partners, we offer the necessary legal support in this field to entrepreneurs who have the idea of starting a business in Turkey. In this guide, we would like to explain to you the importance of having a business formation attorney.

Choosing the Right Entity Type: Matching Your Needs with Legal and Tax Considerations

Business formation attorney offers the necessary legal support to foreign entrepreneurs who will establish a business in Turkey. For example, what you need to know about the tax system of the Republic of Turkey can be communicated to you through your lawyer. Business formation lawyer offers information about taxation for foreign investors and entrepreneurs such as:

Taxes Subject to Foreign Investors and Entrepreneurs

Title Fees: You must pay title deed fees for investments or business real estate.

Income Tax: Everyone who earns income in Turkey is taxed according to the proportion of their income.

Property Tax: Property tax is another mandatory tax collected from people who own real estate.

Taxes on Company Rental Income: If your company has rental income, you must pay a certain amount of tax.

Each of the taxes listed above is valid for foreign investors or entrepreneurs. You can get legal support from our team to get more detailed information about this issue and to take the right steps.

Drafting Airtight Operating Agreements: Protecting Shareholders and Investors

If the business formation attorney duties are in question, then the rights of investors or shareholders also come into play. Accordingly, steps have already been taken by the Ministry of Treasury and Finance of the Republic of Turkey. For example, incentives for small investors contribute to the growth of the investor. In addition, the ministry can offer some privileges to foreign investors.

Ensuring Corporate Governance Compliance: Ethical and Transparent Business Practices | Business Formation Attorney

A business formation attorney can also be a service that provides support to you in implementing ethical principles in business life. There are also efforts to ensure that foreign investors and entrepreneurs, in particular, adapt to the working culture in Turkey. If we look at it within the framework of ethics and transparency principles, we recommend that you pay attention to the following in business life in Turkey:

The principle of equality in the working environment (regardless of religion, language, race and gender)
Mutual respect for cultural values
Principle of professionalism
Equality in working conditions
Granting employee rights within the framework of Turkish labor law

Avoiding Future Legal Conflicts: Proactive Planning for Dispute Resolution

When it comes to business formation attorneys, you may also think of resolving problems in working conditions. You need a business formation attorneyİn Turkey to prevent possible legal conflicts or resolve problems. In such a case, you can benefit from Atlas Legal Partners' quality and reliable work approach.

Frequently Asked Questions About Business Formation Attorney

In this guide, we talked about the advantages of being a business formation attorney. In this section, we would like to answer frequently asked questions about business formation attorneys.

1- What Is the Meaning of Business Formation Attorney?

A business formation attorney is an expert who explains the legal situations you may encounter in business life. You will also need these expert services to overcome legal difficulties in business life. Especially as a foreign entrepreneur, you can receive such a service in order not to be unfamiliar with the legal business establishment system in Turkey.

2- Which Business Formation Should You Prefer in Turkey?

Formations such as personal companies, LLCs, joint stock companies, joint ventures, limited partnerships and limited partnership joint stock companies are prominent in Turkey.

3- Why is It Necessary to Get Legal Support When Establishing a Company?

Getting legal support when starting a business is important to prevent some difficulties you may encounter in this process.

4- Can a Lawyer Start a Business?

At the stage where you authorize your lawyer, you can request that they carry out some work on your behalf.

Having a Business Formation Attorney | The Most Powerful Methods