For most founders comparing company types in Türkiye, the practical decision is between a limited liability company (LLC) and a joint stock company (JSC). Both can have a single shareholder, but their governance, share mechanics and capital differ. The official minimum capital checked on 23 July 2026 is TRY 50,000 for an LLC and TRY 250,000 for a JSC.
| Decision point | LLC | JSC |
|---|---|---|
| Official minimum capital | TRY 50,000 | TRY 250,000 |
| Management body | Manager or board of managers | Board of directors |
| Shareholder range | One to 50 | One or more |
| Cash-capital timing | May be paid within 24 months after registration | At least 25% before registration; balance within 24 months |
Choose for governance, not only capital
An LLC is often simpler for a closely held operating business. A JSC supports board governance and more flexible share structuring. Regulated activities or future financing can change the analysis.
Test the next three decisions
Map who owns, who signs and how a future share transfer or financing should work. Then confirm tax, accounting and sector permissions for the actual activity.
Documents and preparation
- Founder passports or corporate shareholder records
- Proposed activity and address
- Ownership percentages and management powers
- Capital and payment plan
- Foreign-document certification and translation plan
Risks and checkpoints
- Selecting the lowest capital without testing governance
- Assuming every activity can use either form
- Leaving signature authority vague
- Treating a future share transfer as an afterthought
Official sources and verification date
Official sources checked 23 July 2026.
- T.C. Ticaret Bakanlığı — Şirket Bilgileri — Official sources checked 23 July 2026.
- Invest in Türkiye — Establishing a Business — Official sources checked 23 July 2026.
Compare the implementation with our company registration guidance and corporate services. Continue to the 2026 cost breakdown.
Frequently asked questions
What is the minimum capital for an LLC?
The official minimum checked on 23 July 2026 is TRY 50,000.
What is the minimum capital for a JSC?
The official minimum checked on 23 July 2026 is TRY 250,000.
Can either company have one shareholder?
Yes. Both forms can be established with a single shareholder, subject to the activity and filing requirements.
Which form is better?
The answer depends on governance, ownership, financing, activity and transfer plans rather than one universal ranking.
