Statistics of Established and Closed companies in Turkey are Announced

The number of companies established in Turkey increased by 33.48 percent in January 2020 compared to the previous month.

Turkey Union of Chambers and Commodity Exchanges (TOBB announced that established companies in Turkey increased 33.48 % compared to the previous month, the number of cooperatives established increased by 10.68 %, and the number of real person commercial enterprises in Turkey decreased by 0.86%. Compared to the previous month, the number of companies that closed down in Turkey decreased by 3.77 percent, and the number of cooperatives in Turkey that closed down by 95.51 percent increased by 105.61 percent in the number of commercial enterprises.

Number of companies established in Turkey increased by 26.56 % compared to the same month of the previous year

The number of companies established in Turkey in January 2020 compared to January 2019 has increased by 26.56 % and the number of cooperatives established in Turkey increased by 28.09 % and the number of real person commercial enterprises has increased by 0.88 %. In January 2020, the number of companies closed down in Turkey increased by 5.45 % in the number of cooperatives that closed 9.91 % compared to the same month of 2019, and rose by 27.55 % in the number of commercial enterprises.

Company establishment in Turkey took place in all provinces in January 2020

85,80% of the total of 10 thousand 591 companies and cooperatives established in Turkey in January 2020 are limited companies, 13.12% are joint stock companies and 1.08% are cooperatives. 39.85 % of the companies and cooperatives were established in Istanbul, 9.52 % in Ankara and 6.24 % in Izmir.

Total capital of the established companies in Turkey decreased by 55.56 % compared to the previous month

In January 2020, 10 591 companies and cooperatives were established in Turkey. A total of 9,887 limited companies established in this period constituted 76.37 % of the total capital and 23,63 % of the 1,390 joint stock companies. The total capital of companies established in January decreased by 55.56 % compared to December.
In January 2020, 3 thousand 570 of the companies and cooperatives were established in the trade, 745 in manufacturing and 955 in the construction sector of Turkey. Real person commercial enterprises established in Turkey in January 2020; 255 thousand of them were in the repair of motor vehicles and motorcycles in wholesale and retail trade, 594 in construction and 417 in manufacturing. The companies and cooperatives that closed this month; 702 of them were in wholesale and retail trade, repair of motor vehicles and motorcycles, 427 in construction, 262 in manufacturing. 531 thousand of the real person commercial enterprises closed this month were in wholesale and retail trade, repair of motor vehicles and motorcycles, 733 in construction and 354 in manufacturing.

43 of 114 cooperatives established in Turkey in January 2020 are residential building cooperatives

In January 2020, 1076 Companies in Turkey established with foreign shareholders.
The Comapny establishment in Turkey is detailly explained in our main page.
Those companies established in Turkey with foreigner shareholders, 618 of them have Turkish, 83 of them have Iranian, 45 of them have Syrian shareholder with other nationalities.

101 of the 1076 of foreign capital companies established in Turkey were joint stock companies and 975 were limited companies. 128 of the companies established in January 2020 in Turkey were established in the wholesale trade in stores that were not allocated to a specific property, 53 real estate agencies and 43 restaurants and mobile food service activities, and business and other administrative consultancy activities in the sector.

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