Sole Proprietorship Formation.

How to establish a sole proprietorship? To establish a sole proprietorship, first contact the tax office. After gathering the necessary documents, you can apply to the tax office or authorize a financial advisor to apply on your behalf. Following inspections by the tax office, your company will be established within a few days if the conditions are met. During the application process, Defterdar will support you.

The documents required to establish a sole proprietorship are crucial. The necessary documents are as follows: Application form to be obtained from the tax office or online, fully completed. Two photocopies of the owner's ID card and two passport-sized photos. Two signature declarations and two residency documents from the notary. Rental contract or title deed photocopy. If the application is made through an accountant, a power of attorney authorizing the accountant.

Some of the costs of establishing a sole proprietorship in 2024 are as follows: Personal signature declaration (Notary): 491.23 TL Tax Office Contract Stamp Taxes: 194.00 TL Certified Public Accountant business opening fee: 800.00-1.000.00 TL These costs include fees for taxes and accounting services. Properly calculating and managing your budget will facilitate the establishment process. Defterdar supports you throughout all stages of the process.

Establishing a sole proprietorship online with virtual offices is quite simple and fast. After defining your business model, visit our website and complete the company setup in 3 steps. Ensure your tax liability and complete the legal processes to start your business. Virtual offices offer you a practical and economical solution during the company establishment process, allowing you to grow your business on online platforms.

Establishing a sole proprietorship offers many advantages. Flexibility is particularly important. Managing the business as a single person speeds up decision-making processes and helps you easily organize your operations. Limited financial liability is also a significant advantage; you can keep your business and personal financial situations separate. You can also benefit from tax advantages and increase your business's growth potential. Establishing a sole proprietorship allows you to maintain control over your business with less bureaucracy and faster decision-making processes.

Virtual office sole proprietorship services provide great convenience, especially for entrepreneurs looking to establish a sole proprietorship. You can speed up your company establishment process by following the steps on our website. In this process, first, you will enter your personal information into the system. Then, we will request you to upload the necessary documents to the system. These documents include an ID, address verification, tax number, and other standard paperwork. After uploading your documents, complete the necessary applications, and officially establish your company with the assurance of Defterdar.

One of the most common terms encountered in the company establishment process is a sole proprietorship and a limited company. Understanding the differences between these two types of companies is very important during the establishment process. In a sole proprietorship, there is a limited distinction between the owner and the business. In this case, the owner is personally liable for the business's debts with their personal assets. Establishment costs are generally lower, and tax advantages are utilized. In a limited company, the partners' liability is limited to their share of capital. That is, personal assets are separate from the business debts. The establishment process is more complex and requires certain capital requirements. The status of a limited company provides greater prestige to the business. Both types of companies offer unique advantages and disadvantages. Defterdar is here to help you determine which type of company is more suitable for you.

In the process of establishing a sole proprietorship, it is not mandatory to have a physical business place. However, you need to specify an activity address for tax registration. This address does not have to reflect the location where your business operates. For instance, you can use your home address or a consulting firm's address as the activity address. It is important to accurately determine the activity address and keep your tax records complete. This ensures that your sole proprietorship operates in compliance with legal requirements.

In sole proprietorships, it is possible to use a separate title. For example, if your name is Hasan Aydın and you want to use a different title for your sole proprietorship, you can do so. For example, you can add a title like TechGenius Solutions to your business name. This gives your business a more professional appearance and better reflects the scope of your work. It is important to correctly follow the necessary procedures and legal requirements to add a title.