What a Turkish limited company really costs

Blog posts quote wildly different totals, and several current ones still carry a wrong minimum capital. This calculator builds the bill from the verified pieces: registry and notary ranges, the tariff-floored accounting fee, the levy on capital, and the lock-up that is not actually an expense.

Inputs

Share capital

TRY

Legal minimum is ₺50,000, payable within 24 months of registration.

Employees on payroll

people

Verified 2 Oct 20262026 TURMOB tariff and Trade Ministry figures

Result

₺124,020 to ₺232,020realistic first-year total, capital excluded

₺28,020 to ₺52,020

one-time formation costs

₺8,000 to ₺15,000

monthly running costs

₺50,000

capital lock-up, returned in the business

₺20

Competition Authority levy (0.04%)

Why a range, not a number. Notary, registry and accountant pricing genuinely varies by city and provider; the accounting floor is set by tariff (quotes far below ₺8,000/month are not sustainable). Timeline: registry approval in 1-3 business days in practice; realistically 10-15 calendar days to fully operational.

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<iframe src="https://itsguido.com/embed/turkey/formationcost" title="Company Formation Cost" style="width:100%;max-width:560px;height:1230px;border:1px solid #dae1dd;border-radius:8px" loading="lazy"></iframe><p style="margin:4px 0 0;font-size:13px">Computed by <a href="https://itsguido.com/turkey/formationcost">itsguido</a></p>

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Methodology and sources

One-time costs combine notary, trade registry and chamber registration with formation-service and small administrative items; monthly costs are the accountant plus per-employee payroll administration. The Competition Authority levy is 0.04% of capital. Ranges reflect genuine market spread; Istanbul runs above them.

Minimum capital TRY 50,000 (some 2026 blogs wrongly say 100,000) · Trade Ministry, Decree 7887
2026 minimum fee tariff: bookkeeping for a limited company from TRY 3,606 a month, formation service TRY 5,209 (first group provinces) · TURMOB 2026 minimum tariff, Official Gazette 33110 (17 Dec 2025)
Competition Authority levy 0.04% of capital · Rekabet Kurumu

The minimum capital does not have to be blocked at formation; it is payable within 24 months of registration.

Accounting fees below the TURMOB tariff floor carry disciplinary sanctions, so quotes under TRY 8,000/month are not sustainable.

Istanbul pricing runs above these bands; small towns below.