Limited Company vs Joint Stock Company in Turkey: Which Is Right for You?

Choosing the right structure at the start saves time and cost later. Here is a plain comparison.

Limited Company (Ltd. Şti.)

• Minimum capital currently 50,000 TRY
• One to 50 shareholders
• Share transfers require a notarised agreement and general assembly approval
• Simpler and lower-cost to run — the common choice for small and medium businesses

Joint Stock Company (A.Ş.)

• Minimum capital currently 250,000 TRY
• One or more shareholders, no upper limit
• Shares transfer more easily, which suits investors and future fundraising
• Required for certain regulated activities and for going public

Which should you choose?

A **Limited Company** suits most service businesses, trading companies and founder-run ventures. A **Joint Stock Company** suits businesses planning to bring in investors, transfer shares often, or operate in sectors that require it.

Talk it through first

The best structure depends on your activity, partners and plans. [Contact us](/contact) and we will recommend the right option before registration.

*This article is general information, not legal advice.*