Europe
Founders serving the 85M Turkish domestic market, Turkey
Local incorporation gives direct billing in TRY, access to Türkiye's e fatura system and standing with corporate clients who refuse cross border invoices. Manufacturing, retail and B2B services ship best from a resident entity.
85M consumersTRY billinge fatura access
Start setup {placement} 4 min · no card required
Corp tax
25%
Fastest setup
4 weeks
Tax treaties
85
Region
Europe
What you'll need
- No resident director required
- Local registered office required
- No substance requirement
- Minimum capital: TRY 50,000
- Administrative language: Turkish
- Legal system: Civil law
Tax and treaty profile
- Corporate tax 25%
- Tax treaties 85
- VAT rate 20%
- Withholding on dividends 10%
Key treaty partners
UKGermanyFranceNetherlandsUSARussia
Banking and payments
- Banking takes 2 to 4 weeks with KYC
- Stripe not supported
- Wise supported
- EMI license framework available
Considerations
If currency stability and Stripe matter more
TRY volatility forces dollarisation in contracts and pushes accounting overhead. Stripe and Mercury do not support Turkish entities. Türkiye remains on the FATF grey list, lengthening correspondent bank onboarding under BDDK supervision.
TRY volatilityFATF grey listNo Stripe support