Real Estate Company Formation in Türkiye: 10-Step Guide for 2026

Launching a successful real estate company in Türkiye is a journey that demands expertise, precision, and local insight. The rewarding opportunities within this market are immense, but they are best accessed with robust legal counsel guiding every step.

Finlexia Turkish Accounting Firm is your trusted partner in Istanbul. With years of experience and a multilingual team of experts, we handle the complexities of Turkish commercial law, allowing you to focus on your investment strategy.

Table of Contents

Türkiye’s real estate market continues to attract strong interest from domestic and international investors, driven by urban transformation projects, a growing population, and its strategic location bridging Europe, Asia, and the Middle East.

In 2026, forming a real estate company in Türkiye remains one of the most effective ways to invest in property development, leasing, brokerage, and asset management under a transparent legal framework.

As Finlexia Turkish Accounting Firm, a full-service company formation and corporate governance firm based in Istanbul, we have been advising local and foreign investors since 2017. Our company formation lawyers team provides a comprehensive overview of real estate company formation in Türkiye, covering legal structures, regulatory requirements, taxation, and operational considerations.

Why Form a Real Estate Company in Türkiye?

Establishing a legal entity for real estate activities in Türkiye offers several strategic advantages:

• Legal clarity and limitation of personal liability
• Eligibility for commercial real estate transactions
• Access to Turkish banking and financing mechanisms
• Professional credibility with developers, landlords, and public authorities
• Efficient tax planning and compliance opportunities

Real estate companies may engage in property acquisition, development, leasing, brokerage, facility management, and real estate investment consultancy, subject to licensing requirements.

Legal Framework Governing Real Estate Companies

Real estate company formation in Türkiye is primarily regulated by:

• The Turkish Commercial Code (TCC)
• Foreign Direct Investment Law No. 4875
• Capital Markets Law (for investment and REIT structures)
• Zoning, land registry, and municipal regulations

Foreign investors enjoy equal treatment with Turkish nationals, subject to limited restrictions in military or strategic zones.

Choosing the Right Legal Structure

Selecting the correct corporate form is a foundational step in any real estate venture.

Limited Liability Company (LTD)

The most common structure for real estate businesses is the limited liability company. It offers:

• A minimum capital requirement of TRY 50,000
• One or more shareholders (foreigners permitted)
• Limited liability tied to capital contributions
• Flexible management and profit distribution

For most investors, limited liability company formation provides the optimal balance between compliance, cost efficiency, and operational flexibility.

Joint Stock Company (JSC)

Joint stock companies are typically preferred for large-scale developments, investment funds, or future public offerings. They involve higher capital requirements and stricter governance obligations.

Step-by-Step Real Estate Company Formation Process

The real estate company formation process in Türkiye is efficient when properly managed:

1. Determination of company structure and shareholders
2. Preparation of articles of association
3. Capital commitment and registration
4. Trade Registry Office filing
5. Tax office registration
6. Social Security Institution enrollment
7. Notarization of corporate books

Professional legal guidance ensures that the company’s scope of activity fully complies with real estate regulations from the outset.

Required Documentation

Foreign and local founders must prepare specific documentation during incorporation. These include identification documents, notarized signatures, company articles, and capital declarations.

A detailed checklist is available in our guide on required documents for company formation, which helps investors avoid delays and compliance risks.

Taxation of Real Estate Companies in Türkiye

Tax planning is a critical element of real estate investment success.

Key tax considerations include:

• Corporate income tax on rental or sales income
• Value Added Tax (VAT) on certain property transactions
• Title deed transfer tax
• Withholding tax on distributed dividends

Proper structuring can significantly reduce tax exposure while maintaining full compliance. Our comprehensive taxation guide explains applicable rates, exemptions, and reporting obligations in detail.

Opening a Corporate Bank Account

A Turkish corporate bank account is mandatory for capital injection, daily operations, and regulatory transparency.

The bank account opening process typically involves:

• Trade registry documents
• Authorized signatory certificates
• Company tax number
• Compliance with KYC and AML rules

Our firm assists clients throughout the bank account opening process, coordinating with leading Turkish banks to ensure smooth onboarding.

Accounting and Ongoing Compliance

All Turkish real estate companies must maintain statutory accounting records in accordance with Turkish legislation.

Mandatory obligations include:

• Monthly VAT filings
• Quarterly provisional tax declarations
• Annual corporate tax returns
• Statutory bookkeeping and financial statements

Professional accounting & bookkeeping services are essential to ensure accuracy, audit readiness, and regulatory compliance.

Licensing and Sector-Specific Requirements

Depending on the nature of the real estate activity, additional permits may be required:

• Real estate brokerage licenses
• Municipal construction permits
• Zoning and environmental approvals
• Capital Markets Board authorization for investment companies

Early legal assessment prevents costly compliance issues during operations.

Timeline for Real Estate Company Formation

Under normal circumstances, company formation can be completed within a few business days, provided all documentation is properly prepared.

A realistic incorporation schedule, including post-registration steps, is outlined in our detailed Timeline, helping investors plan market entry efficiently.

Why Work with Finlexia Turkish Accounting Firm?

With over three years of experience, Finlexia Turkish Accounting Firm delivers integrated legal solutions tailored to real estate investors. Our multilingual team provides strategic advice on:

• Company formation in Türkiye
• Corporate governance and compliance
• Real estate transactions and due diligence
• Tax structuring and regulatory risk management

As trusted Turkish company formation lawyers, we ensure that your real estate venture is established on a solid legal foundation from day one.

For investors seeking broader corporate structuring support, our expertise in company formation in Türkiye covers all sectors and investment models.

Contact us for Real Estate Company Formation in Türkiye

Real estate company formation in Türkiye in 2026 presents significant opportunities for investors who approach the market with proper legal planning and professional guidance. From selecting the right corporate structure to managing taxation, licensing, and compliance, every step matters.

We invite you to contact Finlexia Turkish Accounting Firm to discuss your real estate investment plans in Türkiye. Our experienced legal team will be pleased to provide tailored advice and manage the entire company formation and governance process on your behalf.