Finlexia is a globally recognized Turkish Accounting Firm with a long record of excellence and professional leadership in Istanbul, Turkey. Our Turkish company formation team is prepared to help you to Register Non Profit Organization in Turkey. Our Turkish company formation team is experienced in liaison office formation, branch office formation, free trade zone company formation, joint stock company, joint venture formation, limited liability company formation, holding company formation, and company management and governance.
At the crossroads between Europe and Asia, Turkey offers a welcoming environment for all foreign investors, Turkey is known and broadly recognized as a major commercial hub. Finlexia handles all steps required to register non profit organization in Turkey. Please contact us via email or phone for set up a non profit organization in Turkey.
Register Non Profit Organization in Turkey
The non-profit organizations in Turkey are established as foundations and association and are governed by the “Law for Foundations” and the “Associations Law”. The Turkish associations are membership non-profit organizations created in order to achieve an objective stated in its Statute and with no permission to achieve profits for its members. At least seven founders are needed for establishing an association.
Steps Required to Register Non Profit Organization in Turkey
The associations opened in Turkey have a Statute which contains the name and headquarter, the objectives and the activities planned to be performed in order to achieve those, details regarding the founders (their names, their profession their address and nationality),the conditions for obtaining the membership or to be withdrawn, the method of appointing and the frequency of meeting of the association’s general council, the responsibilities and powers of the general council and the methods and forms of voting and decision making, responsibilities and powers of the board of management and audit board, method of election, the number of permanent and reserve members, if the association is to have branches and details regarding it (how many, their responsibilities and powers, and the method of representation in the general council), the yearly subscription amount, the methods of internal audit, how the statute can be amended, modality of dividing the remaining assets in case of dissolution.
Required Capital To Register Non Profit Organization In Turkey
The recognition of the statute of association is earned after the submission of foundation deed and other documents, such as the Statue and a list with all the members to the Ministry of Interior Department of Associations.
The bodies of the associations opened in Turkey are the general council, the board of management and the audit board.
The associations created in Turkey may be organized in federations (formed by minimum three associations) or in confederations (formed by at least three federations).
The Turkish foundations are non-profit organizations without membership established in order to achieve a certain objective prescribed in its Statute. The foundations are governed by “The new Foundation Law” adopted and put into effect on February 20, 2008.
A minimum of 50,000 Turkish Liras is necessary to establish a Turkish foundation.
The body that is handling the registration of the foundations opened in Turkey is the General Directorate of Foundations.
Annual reports have to be delivered to this body and if the foundation setup in Turkey is also performing activities for the public benefit, than the reports has to be delivered to the Ministry of Finance.
Company Formation in Turkey
Today, clients are faced with unprecedented challenges as new laws and regulations are changing the way the corporate world works. Finlexia Accounting Firm has one of the preeminent corporate governance practices in Turkey, drawing upon the expertise of our corporate, securities, governance, litigation, and compensation specialists to provide our clients with the information and analysis needed to respond to a rapidly changing regulatory environment.
We regularly advise clients with respect to the formation of companies. Our services with respect to company formation include advising and drafting documents in connection with the formation of corporations, limited liability companies, and liaison offices. We provide targeted advice with respect to both the choice of entity and Turkish laws under the entity is to be organized.
Turkish Company Formation Services
Our company formation team is experienced in formation and governance of;
- Branch Office establishment
- Liaison Office establishment
- Limited Liability Company establishment
- Joint Stock Company establishment
- Free Trade Zone Company establishment
- Joint Venture establishment
in Turkey. We maintain a unsurpassed practice counseling and representing large and small companies and boards of directors regarding entity formation and corporate governance matters. We advise our public and private clients on all matters concerning formation of new entities from corporate formalities to tax issues.
We also advise our company clients on a full range of new laws and related matters, as well as other corporate governance rules. Our clients range from small private companies with no internal legal staff to medium size companies with their own internal legal staff. For each of our clients we tailor our approach to that client’s unique requirements.
Accounting Services in Turkey
The accountant will prepare financial statements for tax return, make an audit, will be responsible for book-keeping and financial planning and other different accounting services. He can help you with services such as:
- Social Security Office filings
- Tax Office registration and compliance
- Annual tax fillings
- Tax returns
- Debt monitoring and risk assessment
The accountant you choose can represent you in front of the Turkish authorities and can act on behalf of you in the financial field. He will help you manage your business related to accounting even if you can’t spend too much time in Turkey. When you are abroad, the accountant will offer professional assistance with business management and he can take care of the property administration.
Reach us to Register Non Profit Organization in Turkey
Since its foundation, Finlexia Turkish Accounting Firm has been the choice of numerous clients in Turkey. Thanks to its nationally recognized accountants and accounting services, our accounting firm is now one of the leading accounting firms in Istanbul, Turkey. You may reach our accountants and lawyers to Register Non Profit Organization in Turkey by sending by sending an email or filling in Contact Form in Contact page.