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WHAT YOU NEED TO KNOW TO START A SOFTWARE COMPANY

How to Establish a Software Company?

An entrepreneur who wants to invest in the software sector can take the first step in the establishment process by deciding on the type of company they want to establish. From a legal perspective, there is no obstacle for entrepreneurs who want to establish a software company in selecting a company type. However, depending on the type of company they choose, the establishment process may differ for entrepreneurs who want to establish a company in the software field, either as an anonymous or limited company.

The person who will apply to establish a software company can start the process individually or by giving power of attorney. Individuals who complete the necessary documents can apply by preparing documents such as a notarized copy of their identity card, a residence certificate, a copy of their identity card, and a rental contract. If there is no obstacle in the application process, the Chamber of Commerce, Tax Office, and Social Security Institution records will be automatically completed.

What Documents are Required to Establish a Software Company?

The official establishment of a software company in the field of software and obtaining the necessary permits may differ depending on the type of company. If a sole proprietorship will be established, it is possible to obtain a tax certificate on the same day after preparing the necessary documents. However, limited or anonymous company establishments may take an average of 4 to 6 business days. Accordingly, those who want to establish a limited software company must have the following documents:

• Application petition
• Establishment declaration form
• Chamber registration statement
• Notarized contract
• Rental contract
• Residence certificate
• Receipt showing that the capital has been deposited.

The documents that anonymous software company applicants need to complete are as follows:

• Application petition
• Signature statement for all partners
• Chamber registration statement
• Approval of the articles of association
• Sample identity cards of all partners
• Receipt showing that the capital has been deposited.

What are the Things to Do After Establishing a Software Company?

If you have completed the necessary application and approval processes to establish a company in this field, your company has been officially opened. At this point, there are certain responsibilities for entrepreneurs after the company establishment.

After the establishment of the company, the attendance procedure is carried out first. After your company starts operating, you need to enter your income and expenses into the system or accounting program you use. It is also an important issue that company owners are users of the Internet Tax Office for tax procedures. To reduce company expenses and plan costs, company owners can use e-Transformation services such as e-Signature, e-Archive, e-Invoice, and e-Receipt. If you are a company that sells online, it is also useful to know that the e-Archive and e-Invoice applications are mandatory.

Tax Advantage for Software Companies Providing Services Abroad

With the law numbered 6322, which was published in the Official Gazette on June 15, 2012, and applied from 15/6/2012, some discounts provided to companies in corporate tax are mentioned. Companies operating in fields such as architecture, engineering, health, design, and software can benefit from tax discounts for services provided to non-residents of Turkey. Accordingly, software companies that are accepted within the scope of the exemption can benefit from a 50% discount advantage on the income after deducting expenses and costs.

Establish Your Company in Minutes with IFASTURK!

You may not have enough time to establish a company in Turkey or the US. IFASTURK enables you to start the establishment process of your dream company within minutes with its expert team. It continues to support you with its fast and easy-to-manage structure after the company establishment. With IFASTURK support, you can also establish a company in the US besides Turkey. Our expert team is at your service for all your company needs.

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