Minimum Capital Requirements in Turkey | Company Types Compared

Why Capital Requirements Matter

The Turkish Commercial Code (TCC) sets clear minimum capital requirements depending on the company type. For foreign investors, understanding these thresholds is crucial for structuring a business correctly and ensuring compliance from day one.

Minimum Capital by Company Type

1. Joint Stock Company (A.Ş.)

• Minimum capital: TRY 250,000 – (2025)
• If adopting the registered capital system (common for larger corporations): minimum TRY 500,000 – (2025)
• At least 25% of subscribed capital must be deposited before registration; the remainder within 24 months.

See details in: Joint Stock Company in Turkey.

2. Limited Company (Ltd. Şti.)

• Minimum capital: TRY 50,000 – (2025)
• Capital may be paid in full within 24 months after registration.
• Contributions can be cash or in-kind (property, IP rights, etc.), subject to valuation.

More info: Limited Company in Turkey.

3. Collective Company

• No statutory minimum capital requirement.
• Partners contribute assets or cash as agreed in the company contract.
• All partners are unlimitedly liable for debts.

See: Collective Company in Turkey.

4. Limited Partnership

• Ordinary Limited Partnership: No minimum capital requirement.
• Limited Partnership Divided into Shares: Follows rules similar to A.Ş., so capital requirements apply accordingly.

Learn more: Limited Partnership in Turkey.

5. Cooperative Company

• Each partner must undertake at least one share, with a value of TRY 100.
• Maximum per partner: 5,000 shares.
• Depending on the articles of association, members may also bear additional liability beyond their share.

Read more: Cooperative Company in Turkey.

Capital in Practice for Foreign Investors

• Bank deposits: For A.Ş., the 25% pre-registration deposit must be placed in a Turkish bank account opened in the company’s name.
• In-kind contributions: Real estate, vehicles, and intellectual property can be contributed as capital if properly valued and registered.
• Flexibility: Ltd. Şti. offers the lowest entry barrier (TRY 10,000), making it the preferred structure for SMEs and new market entrants.

Key Takeaways

• A.Ş. = TRY 250,000 (or TRY 500,000 with registered capital system). – (2025)
• Ltd. Şti. = TRY 50,000. – (2025)
• Collective / Ordinary Partnership = No minimum capital.
• Cooperative = TRY 100 per share × min. 7 partners.
• Capital can be cash or in-kind (with valuation and registration requirements).

For a step-by-step setup process: Steps to Establish a Company in Turkey.

Professional Guidance

Choosing the right capital structure impacts taxation, liability, and investor credibility. MFY Legal helps you select the most suitable company type, arrange capital contributions, and ensure compliance with Turkish law.

Contact us to set up your business in Turkey with the right capital structure.