How to Start An Online Business In Turkey

This blog post is on recent developments in online business in Turkey and international investors and business people can start online businesses in Turkey. 

There are plenty of opportunities in Turkey, especially for small business ideas. It is very convenient for foreign people who travel to Turkey to develop a company in different cities of the country to open small or big convenience stores.

However, the new way of moving businesses opportunity online among shop owners is not exceptional in Turkey. The government has allowed the enforcement of a new law on practices on the Internet to facilitate the opening of online stores. Turkey is now the most relevant regulation for internet shops in Turkey. The Turkish Electronic Commerce Act.

In 2017 the population of Turkey has exceeded 80 million people. This makes Turkey one of the most populated country both in Europe and the Middle east. Although the 63 million internet users might initially seem low when compared to countries like UK and Germany, Turkey has a young population and e-commerce is one of the fastest-growing industries in Turkey. As younger generations graduate and start their professional career, e-commerce buyers will continue to grow.

We recommend all our clients who are looking to start any business in Turkey to use a business consulting firm who are specialist in company formation, company registration, trade register. This sort of company in Turkey will help you through this process thus ensuring success. 

Turkey is famous for its range of fast-moving consumer products which it manufactures and sells throughout the country through or destined for export via its shop networks. The Retail Law understands that when it comes to shop styles, in Turkey:

  • – big and small shops;
  • – hypermarkets, hypermarkets;
  • – the stores of the chain;
  • – franchise magazines;
  • – retail distributors;
  • – Only craftsmen and traders reported.

Whatever form of shop one chooses to create in Turkey, he or she should first register a business and, according to the products to be sold in this store, file a retail licence and other special licences.

 Smartphone usage is one the highest in Europe, a study from Deloitte has shown that the average user checks their phone every 13 minutes which is the highest in Europe. Although the total e-commerce business volute might seem to be lower than other European countries, this is a good time to jump in and enjoy this high momentum business trend in Turkey.

Steps to Start on Online Business in Turkey

Before you do any sort of business activity you must secure the trademark and domain names for the online business you are planning to start in Turkey. You can achieve this by working with trademark solicitors who are registered with the Turkish Patent and Trade Mark Office.

After you have applied for the trademark registration of your e-commerce business in Turkey, you can register a domain name ending with “.com.tr” through this website. This website is the only website where you will be able to register “com.tr” domain names. You will need to show proof of trademark application to nic.tr in order to prove that you have some sort of legal connection to the domain name you are trying to get. If you are only interested in getting a “.com” domain, you may choose any provider you prefer.

Once this step has been completed you should then start opening the actual company. You may look into different types of companies you may choose to start in Turkey. However, since e-commerce is a complex business our advice is starting a joint-stock company. There are advantages regarding the liability as well as its having a better reputation in the business scene due to the high capital that is required to establish one.

Please make sure you have all the information below readily available on your website.

  1. Company name.
  2. Publishing director’s name and their personal information.
  3. Tax number or Trade Registry number.
  4. Address of the registered office (HQ).
  5. E-mail address and phone number.
  6. Registered KEP address (Registered E-mail System to allow for legal notifications).
  7. Commercial name and trademarks.
  8. Mersis number (ID for legal entities in Turkey).

Also, to start operating in Turkey as an e-commerce business, you must also complete the steps below.

  • ERSIS No (ID for legal entities)
  • Tax number.
  • Domain name or application name used for e-commerce.
  • Registered e-mail address eligible for notifications (KEP).
  • Type of e-commerce (B2B, B2C, C2C, and so on).
  • Activities other than e-commerce (if any).
  • Type of goods and services.
  • Payment options (credit card, pay at the door, and so on).
  • Second-hand sale activities (if any).
  • Information as to services procured from Banks and Payment Service Providers.
  • Other PSPs.
  • Information on services procured from logistics companies.
  • Information on services procured from e-commerce infrastructure companies.
  • Information on location (country and address) of the personal data inventories.
  • Volume of international e-commerce activity by country and payment type.

 Kingsman Estates is a boutique professional licenced Turkish real estate agent concentrating on international investors to entre to the Turkish property market or diversify their current portfolio.

We handle everything from start to finish so our clients have an ease of mind knowing that they have the best representation as they are navigating through the Turkish property market.

If you are interested in browsing our cherry-picked high-performance property selection, click here.

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