The real estate commercial registry in Turkey is an official document proving the registration of the property and defining the scope and nature of commercial activities permitted on the property in this article, we will provide you with a comprehensive guide on how to obtain a real estate commercial registry in Turkey and we will highlight the main steps and legal requirements to follow, as well as important information to consider during the registration process and you will gain the necessary knowledge to implement the necessary procedures and deal with the concerned authorities, to facilitate the process of obtaining a successful real estate commercial registry in Turkey.
What is meant by a real estate commercial registry in Turkey?
The commercial real estate registry is one of the necessary records that must be obtained if the property is allocated for commercial activities and events and the real estate included in this register includes offices, shops, warehouses, and other properties of commercial use and in addition, the commercial real estate registry includes dwellings that have been converted from residential use to commercial use.
It is very important to register the purpose of using the property in the real estate registry so that it is documented with the phrase “real estate commercial registry” in the real estate records that carry out commercial activities and this procedure enhances transparency and legal documentation of the use of real estate in commercial activities, which contributes to protecting the rights of the owner and ensuring compliance with relevant laws and regulations.
?Who is obligated to register a real estate commercial registry in Turkey
- Companies representing foreign companies in Turkey.
- 2Trading companies of all kinds.
- Merchants who own shops.
- All types of commercial agencies and commission agencies.
- Cooperative societies that supervise any commercial activity.
What are the papers required to obtain a real estate commercial registry in Turkey?
- A copy of the tax card or any document proving the existence of a tax file for the person or company applying.
- A copy of the criminal record of the person or company.
- A request for issuing a commercial registration to be submitted to the concerned authority.
- A copy of the company contract or any document proving the establishment of the company and its details.
- A copy of the applicant's ID card or the person in charge of the company.
- An electricity receipt proving the existence of a commercial electricity meter in the name of the person or company.
- A lease contract documented by the notarization of the commercial space or the title deed of the property if the property belongs to the applicant or the company.
- A fee-paid application to obtain a certificate of practicing the profession from the Chamber of Commerce.
Steps to obtain a real estate commercial registry in Turkey
The owner of the activity or his authorized agent must fill out the application form for opening a commercial register entry and submit it to the responsible employee at the customer service center in the Chamber of Commerce concerned with the location of the intended activity. required, and after that, a date is set for submitting the applicant's commercial registration entry.
Notes when obtaining a real estate commercial registry in Turkey
You must pay attention to several things while issuing a real estate registry and one of the most important of these matters is determining the “type of property” to be registered or owned a residential property may be sold as a residence, while it was previously registered with the Real Estate Records Department under the item of commercial property and in such cases, the type of property must be changed in the real estate records to avoid future problems while paying fees and taxes related to this property and the necessary procedures can be taken by reviewing the municipality to which the property belongs.
You should also pay attention to an important and necessary matter, which is obtaining the necessary licenses for the owned real estate, such as licenses for floor height and floor ownership, especially in the case of residential buildings this is necessary, especially if the property was purchased by obtaining a mortgage from the bank, as financial fines are imposed on apartments for which a floor ownership license has not been issued and the real estate records departments can be reviewed to verify the authenticity and authenticity of those licenses.
What is the cost of a real estate commercial registry in Turkey?
The costs vary according to the type of companies located in Turkey, and this affects the capital requirements necessary for their establishment, for example, joint-stock companies that accept the unregistered capital system require a minimum capital of 50 thousand Turkish liras, and in addition, a quarter of the pledged shares must be paid in cash before registration and the remaining amount will be paid within a period of up to 24 months.
Entrepreneurs and new companies should take into account these financial requirements and the payment obligations mentioned to ensure the successful registration and legal operation of their business in Turkey.
How long does it take to obtain a real estate commercial registry in Turkey?
It depends on several factors, including the type of company and the efficiency of completing the required documents and it usually takes a few weeks to two months to complete the process.
Does obtaining a real estate commercial registration require the presence of a local agent in Turkey?
It does not necessarily require a local agent and the applicant can deal directly with the concerned authorities or benefit from the services of an agency or legal advisor if necessary.
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