Akkas & Associates is a globally recognized Turkish law firm with a long record of excellence and professional leadership in Istanbul, Turkey. Our company formation lawyers are prepared to handle your branch office formation needs in Turkey. Our company formation lawyers are prepared to handle all types of company formation needs in Turkey. Our company formation lawyers are experienced in LLC formation, joint stock company formation, holding company formation, branch office formation, liaison office formation, and free trade zone company establishment, and company management and governance.
Branch Office Formation in Turkey
Branch offices have autonomous capital and accounting to carry out commercial transactions with third parties, although they are closely associated with the parent company in respect of internal management. This means that rights, debts, profits and losses of the branch offices are assumed by the parent company. A branch office can only engage in activities of its parent company. It cannot provide goods and services or engage in any commercial activities that are not specified in the parent company’s articles of association. Although there is no legal capital requirement for branch offices, it is required that the incorporating company maintains a capital sufficient to run the branch office in practice.
A branch office shall use the same corporate name as that of the parent company by indicating that it is a branch office and also contain the location of the head office and the branch office. A fully authorized commercial representative (branch office manager) residing in Turkey needs to be appointed in order to run day-to-day business of the branch office.
Branch Office Formation Services
We maintain a unsurpassed practice counseling and representing large and small companies and boards of directors regarding branch office formation and governance matters. We advise our clients on all matters concerning formation of new entities from corporate formalities to tax issues.
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 Turkish liaison and branch offices. We provide targeted advice with respect to both the choice of entity and Turkish laws under the entity is to be organized.
Our clients range from small private companies with no internal legal staff to large companies with their own internal compliance teams. For each of our clients we tailor our approach to that client’s unique requirements
Reach our Branch Office Formation Lawyers
Since its foundation in 1992, Akkas & Associates Turkish Law Firm has been the choice of numerous clients in Istanbul, Turkey. Thanks to its nationally recognized copany formation practice, our firm is now one of the leading law firms in Istanbul, Turkey. You may reach our branch office formation lawyers through our Contact page.