18.03.2018 Ankara
Bureaucratic obstacles cluttering company establishment have been removed with costs and procedures being brought down to a minimum. The establishment process of a company will now be carried out at trade registry offices, which are operated only in chambers and designed as 'one-stop-offices'. TOBB President Hisarcıklıoğlu stated Turkey would be among the top 10 ranking of the World Bank company registration processes following these reforms.
Under the coordination of Recep Akdağ, Deputy Prime Minister Responsible
for the Economy, the regulations that ended the bureaucracy in company
establishments entered into effect thanks to the works carried out as a part of
YOIKK’s endeavors. Trade registry offices operating under Union of Chambers and
Commodity Exchanges of Turkey (TOBB) chambers have become one-stop-shops for
company establishment. Entrepreneur who want to establish a company will be
able to handle all business from one point. TOBB President M. Rifat
Hisarcıklıoğlu emphasized that they are trying to remove obstacles for entrepreneurs
to enter business life, “We do not want to destroy the appetites of
entrepreneurs who will engage risk, produce employment and generate added value
with high costs and unnecessary procedures. We laid the problems on the table regarding
this issue and shared our suggestions with the government. A very important
step was taken with the law issued as a part of the road map determined with the
support of our Deputy Prime Minister Recep Akdağ.”
-Turkey will enter into the top
10 world ranking
Hisarcıklıoğlu reported that Turkey is currently ranked 80th in
the World Bank's company establishment procedures and said Turkey would enter into
the top 10 with this reform. The TOBB President thanked President Recep Tayyip
Erdoğan, Prime Minister Binali Yıldırım, Deputy Prime Minister Recep Akdağ and
Minister of Customs and Commerce Bülent Tüfenkci for their support in this
important reform.
- 'One click, one stop' concept instead
of long transactions
Stating that registration procedures would be conducted at the trade
registry directorates of chambers, TOBB President Hisarcıklıoğlu spoke about
the work which was completed and the process, “There were long transactions to
establish a company. Company contract would be created via MERSİS. The capital
block and the Competition Authority share would be paid at the bank. Signatures
and signature declarations would be notarized. Registration and announcement
procedures were carried out at the chamber. Opening of trade ledgers would be
notarized. Start-of-business papers filled out at trade registry directorates
would be sent to tax offices awaiting inspection. The inspecting officer would
only occasionally be able to carry out the procedure the next day or even a week
later depending on the work intensity. When approved, the tax identification
number would be formed, allowing invoices to be issued and commercial activity to
be commenced. In addition, the organization notification form had to be sent to
SSI; this notification form was also sent to the trade registry office on
paper, and the trade registry office would transfer it to the SSI within 10
days. All these processes are now in the past. The new era is very different.
Our government has revealed a strong will for resolving the problems we
encounter. The company establishment procedure which consisted of eight parts was
reduced to just one procedure.
With the changes, the person only needs to log into MERSİS and visit the
chamber.
Via this One Click, One Stop the company will be established, becoming a
legal entity, registered for tax and social security registration, with its commercial
ledgers having been approved as well as its chamber registration being completed.
- Goal is to have all procedures
be online
Hisarcıklıoğlu said that the ultimate goal of the company establishment
reform is to be able to establish a company electronically and all company
transactions be carried out online. He noted that TOBB has duties assigned to
it by law and that they are working with the Ministry of Customs and Trade as a
part of their duties.
“We had to reduce the procedures and costs if we wanted to encourage
foreign investors and domestic entrepreneurs," said the TOBB President, stating
that all of the best practices in the world are shaped by the principle of
'finalizing the transactions in one point'.