Pursuant to gathering the following documents, founders may apply for registration:

 

• Petition requesting registration

• Four copies of incorporation notification form

• Four copies of the notarized articles of association (one original)

• Bank deposit receipt with respect to the payment made to the bank account of the Competition Authority (0.04 percent of the company's share capital)

• For each person authorized to represent the founders of the limited liability company, two copies of the signature declarations

• Founders' declaration (one original)

• Chamber of Commerce registration form (two different forms for two different shareholder types: real person shareholder or legal entity shareholder)

• The written statement of non-shareholder members of board of directors that states acknowledgement of this duty

• Bank certificate of the paid-in minimum capital deposit (at least 25 percent of subscribed capital). If there will be any capital contribution in kind:
  o The expert report regarding the capital in kind
  o The statement of the relevant registry indicating there is no limitation on that capital in kind
  o The document indicating the annotations have been done to relevant registries regarding the capital in kind
  o The written agreements between founders, other persons, and the founding company regarding the foundation of the company

 

Following completion of the registration phase before the Trade Registry Office, the Trade Registry Office notifies the relevant tax office and the Social Security Institution ex-officio regarding the incorporation of the company. The Trade Registry Office arranges for an announcement in the Commercial Registry Gazette within approximately 10 days of the company registration. A tax registration certificate must be obtained from the local tax office soon after the Trade Registry Office notifies the local tax office.

 

A social security number for the company must be obtained from the relevant Social Security Institution. For the employees, a separate application has to be made following the registration of the company with the Social Security Institution.