Author Topic: Ltd Company  (Read 4642 times)

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Offline jackstee

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« on: August 21, 2009, 18:59:24 PM »
Hi all
Trying ttto find information on opening a Ltd Company.
How to is easy but finding out costs, who to go to and the pro's and cons are difficult.

Need one for property ownership.

best regards

Steve

Offline grahamturner09

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« Reply #1 on: August 21, 2009, 19:39:27 PM »
You don't need a company to own a property

Offline Scunner

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« Reply #2 on: August 21, 2009, 20:19:54 PM »
Depends which property it is Graham  :)

Offline Crabbit

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« Reply #3 on: August 21, 2009, 21:14:49 PM »
My advice on opening a Limited Company in Turkey.

DON`T



Offline Scunner

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« Reply #4 on: August 21, 2009, 21:36:41 PM »
You'll need to get an accountant to set up the company, probably best to start by visiting a solicitor to run through your plans. There are regular official costs and quite importantly, these continue even if your initial reason for having a limited company ceases (e.g. you sell the property). There are plenty of people who's limited company bit the dust as far as trading goes a long time ago; they still have costs relating to owning a limited company.

It's a big thing to take on, something you need to think through carefully.


Offline cenk

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« Reply #5 on: August 22, 2009, 08:51:17 AM »
With the new law . It is not that easy to buy a property on a company esthablished by foreigner/s

Offline jackstee

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« Reply #6 on: August 22, 2009, 16:39:39 PM »
Hi all
Tks for the comments
Cenk, How come.
Any sites I can visit ??

Regards

Offline UzumluH2o

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« Reply #7 on: August 23, 2009, 10:16:53 AM »
Cenk. What "New Law" are we talking about that makes it hard for foriegners to set up company to buy property? When was this "New Law" introduced. Thanks Phill

Offline cenk

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« Reply #8 on: August 24, 2009, 10:50:56 AM »
Sorry, I should say Current Law  :)

Offline Brandi

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« Reply #9 on: August 27, 2009, 16:37:23 PM »
we looked at buying on Sovalye Island and for that you need to by in  a company name. we were told you could buy the company 'off the peg' as you can in UK or set up one yourself. I understand you have to inject quite a substantial amount of money to do this.  I was also concerned about the legalities if/when you die how that property sits as a company asset and whether, even with a Will, you can leave the property to children.  Very complicated, not to be undertaken without a good deal of research, from different sources and I would suggest certainly not without a solicitor.  we did not go ahead - frightened really by the complexity, legality and finance of it all.  However, having said that, I actually know nothing about it but would wish you the very best of luck with your proposed venture  :)




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