🏷️ Turkish: MERNİS
Turkey’s central population administration system that stores the data of all citizens and foreign residents.
💡 Example: Your residency address must be registered in the MERNIS database to verify your identity for official bank transactions.
🔗 Related Service: Residence & Work Permit
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🏷️ Turkish: Ticaret Unvanı The official legal name of a company, which must be unique and include the entity type (e.g., Ltd. Şti.). 💡 Example: You must check with the MERSIS system to ensure your chosen trade name is not already being used by another firm. 🔗 Related Service: Company Formation in Turkey 📎 Need…
🏷️ Turkish: Damga Vergisi A tax levied on various legal documents and contracts, usually calculated as a percentage of the contract value. 💡 Example: When you sign a commercial lease agreement, both parties are responsible for paying the mandatory stamp duty. 🔗 Related Service: Legal & Tax Consulting 📎 Need help? Book a Free Consultation…
🏷️ Turkish: KEP A secure and legally binding electronic mail system used for official communication with government bodies and companies. 💡 Example: Official tax notices and legal summons will be sent directly to your company’s registered KEP address. 🔗 Related Service: Ongoing Management 📎 Need help? Book a Free Consultation here: /contact
🏷️ Turkish: Fesih The formal act of canceling or terminating a legal contract, agreement, or power of attorney through a notary. 💡 Example: If you decide to change your legal representative, you must issue a revocation of the existing power of attorney at a notary. 🔗 Related Service: Company Formation in Turkey 📎 Need help?…
🏷️ Turkish: Sermaye The money or assets invested to establish a company. Minimum limits apply based on the chosen company type,. 💡 Example: You must decide on the initial capital amount before drafting your company’s Articles of Association. 🔗 Related Service: Company Formation in Turkey 📎 Need help? Book a Free Consultation here: /contact
🏷️ Turkish: KVKK Turkey’s national data protection regulation, governing how companies collect and handle personal information. 💡 Example: Your company website must have a KVKK privacy policy to inform users how their personal data is being processed. 🔗 Related Service: Legal & Tax Consulting 📎 Need help? Book a Free Consultation here: /contact