0% Export VAT & KDV Refunds
Goods exported out of Turkey are charged 0% VAT, and input VAT paid to domestic suppliers is fully refunded.
RECOMMENDED ENTITY
Limited Liability Company (LLC) or Joint Stock Company (JSC)
LLC is the standard vehicle for international trade, while JSC is ideal for larger trading operations utilizing major letters of credit.
OFFICE REQUIREMENTS
Virtual or Commercial Office
Registered legal business address (virtual or commercial premises with warehouse access).
REQUIRED LICENSES
- Turkish Exporters' Assembly (TİM / İMMİB) Registration
- Undersecretariat of Customs E-Signature Authorization
- Commercial Registry Gazette with Foreign Trade NACE Codes
- Multi-Currency Bank Accounts for Letters of Credit (L/C)
SECTOR HIGHLIGHTS
Key Operational Strengths
Transit Trade Facility
Conduct tripartite international sales across borders through Turkey with 0% VAT and streamlined paperwork.
EUR.1 / A.TR Movement Certificates
Leverage Turkey's Customs Union with the EU for duty-free export into European markets.
TAX INCENTIVES & EXEMPTIONS
Sector Tax Advantages in Turkey
✓ Export VAT (KDV) Refund Workflow
Expert monthly filing of export customs declarations (GÇB) to claim cash or offset tax refunds.
FORMATION JOURNEY
Ready in 4 Seamless Steps
STEP 01
Comprehensive Trading Objects
Drafting broad commercial articles covering all international HS codes and trade categories.
STEP 02
Incorporation & Tax Certificate
Completing MERSİS registration, obtaining tax office approvals, and notarizing signature circulars.
STEP 03
Customs & Exporters Association Entry
Registering the company's authorized officers in the central Turkish customs electronic database.
STEP 04
Trade Finance Banking Setup
Opening multi-currency accounts ready for international wire transfers and Letters of Credit.
BARUT GROUP / CORPORATE INTELLIGENCE
Which Corporate Entity Fits Your Business?
Compare legal liability, partnership flexibility, and tax structures to choose the ideal business vehicle in Turkey.
Select Your Profile:
Sole Proprietorship
Sole Proprietorship
Fast single-person registered enterprise.
Legal & Financial Liability
Unlimited (Personal assets are fully liable)
Foreign Partner Capacity
Strictly 1 person (Cannot add partners)
Work Permit Feasibility
Restricted and higher scrutiny
Tax Structure
Progressive Income Tax (15% to 40%)
Best Suited For
Freelancers, independent consultants, and early-stage solo e-commerce sellers.
MOST POPULAR FOR FOREIGN INVESTORS
Limited Liability Company (LLC)
Limited Liability (LLC)
The standard flexible corporate vehicle for international business.
Legal & Financial Liability
Shareholder liability is limited as a general rule, subject to statutory exceptions including certain public debts and the duties of managers and legal representatives.
Foreign Partner Capacity
1 to 50 partners (Allows 100% foreign ownership)
Work Permit Feasibility
Foreign partner or manager work permit eligibility is assessed under prevailing statutory criteria and individual merits. Company formation alone does not guarantee a work permit or residence.
Tax Structure
Standard Corporate Tax rate is 25% (updated 2026), with deductibility of tax-allowable expenses under statutory conditions and supporting documents, subject to sector exemptions.
Best Suited For
E-commerce, import/export, tech startups, logistics, consulting, and growth companies.
Joint Stock Company (JSC)
Joint Stock (A.Ş.)
Large-scale capital projects and structured share transfers.
Legal & Financial Liability
Shareholder liability is generally limited to committed share capital, without prejudice to liabilities arising from management, legal representation, or personal guarantees.
Foreign Partner Capacity
1 person to unlimited shareholders
Work Permit Feasibility
Eligibility of board members and foreign directors is assessed under statutory regulations; no guaranteed outcome is implied.
Tax Structure
Standard Corporate Tax rate is 25% (updated 2026), with allowable expense deductions and statutory share transfer exemptions where applicable.
Best Suited For
Industrial manufacturing, investment funds, holding structures, and corporate ventures.
FAQ
Frequently Asked Questions
Can foreigners own 100% of an import/export company in Turkey?
Yes, foreign nationals and corporate entities can own 100% of a Turkish trading and import/export company without requiring a local Turkish partner.
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