Fee schedule

 

Incorporation:
  • Certificate of Incorporation
  • M&AA
  • Company Stamp
  • Registered Office

 

4,750.00

Bank Account Opening Fees:
  • Turkey Bank Account Opening

500.00

Annual Renewal Fee:
  • Registered Office
  • Payment of Government Fees
  • Maintenance of Register of Directors
  • Maintenance of Register of Shareholders

2,000.00

Nominee Fees:
  • Local Nominee Director

Price on application. Based on the business activity

Accountancy Fees:
  • VAT
  • Annual Return
  • Withholding Tax Return
  • All required Filings
  • Bookkeeping

Between 950.00 – 1,250.00 (dependent on number of transactions. Individual quote will be provided)

 

Branch office fee schedule

Description of ServiceFees (EUR)
Registration of Branch Office €4,500.00
Additional fees may be applicable
dependent upon certification of documents
Bank Account Opening €500.00
Residence Permit (Annual Fee) €900.00
Monthly Service Fees:
  • Bookkeeping (Turkish Accounting Standards Board)
  • Payroll processing (for 1-5 employees)
  • Monthly & Annual Reporting (Financial Statement Preparation, Trial Balance, Profit & Loss)
From €500.00 per month
€200.00 per month
€350.00 per month

Please note the above fees are guidelines only – additional fees may be applicable dependent upon individual requirements therefore quotations will be provided.

 

Take the next step, we are here to help.

Register a Turkey company.
Open a Turkey bank account.

  Resources:

Notional Interest Deduction: A Useful Tool for Cyprus Companies

Notional Interest Deduction: A Useful Tool for Cyprus Companies

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How Cyprus is Retaining its Competitive Edge as a Favourable EU Jurisdiction for Tax Purposes

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The Legal Consequences of the Unlawful Transfer of Personal Client Data to Third Parties: UK Case Study

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Dormant Companies: A Definition by the Cyprus Inland Revenue Dept

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Following Circulars No.2011/11 and No.2011/5, this article will explain what a "dormant company" is, its symptoms and consequent requirements. The following is an extract from PART 1.7 of the "Company Income Statement" form (EP 4), whereby a definition of a dormant company is considered to be a company that meets the following conditions:

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Companies all over the world rely on controls over expenditure at the point of logging a supplier invoice or receipt, which over time can cause difficulties in producing timely and reliable account management.

Information Security & Factors that Contribute to Data Leakage in the Ukrainian & UK Banking Sector

Information Security & Factors that Contribute to Data Leakage in the Ukrainian & UK Banking Sector

One of the most important regulatory banking documents on information security is the Regulation on bank secrecy and confidential information, which exists in every bank. This document entered into legal force by the banking sector’s order.

Troika Lenders Visit Cyprus Following Withdrawal From Bailout Programme

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Representatives from the troika of Cyprus’ international lenders, the International Monetary Fund, European Commission and the European Central Bank, recently visited Cyprus for conducting their 4th post-scheme investigation following the islands recent withdrawal from the economic adjustment programme as agreed with the terms of the bailout.

The EC's Plans to Reduce NPLs in Europe May be Beneficial for Cyprus

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