Chamber of Commerce Registration Procedures

What Documents Are Required to Establish a Sole Proprietorship or Company?

There are laws applied for those who want to start a new business or change the production area and innovate in their existing businesses. For more large-scale businesses, permission from the chamber of commerce is required. The permits and documents required for sole proprietorships established by a single person and businesses established by several people together are different.

Is Capital Required to Establish a Company?

Yes, if several people decide to form a company, they must show capital to the chamber of commerce to obtain this permit. A quarter of the capital is deposited into the specified account. However, this deposit is only a procedural requirement. The money can be withdrawn on the same day or within a few days by the company owners after it is blocked. The amount of money you deposit is determined by the amount of capital you show, and you can withdraw your money in any case.