The Number of Companies Established in Turkey in the Last Five Years Has Been Announced

In a news we shared recently, we told you that despite the economic difficulties in 2021, there was a millionaire boom. Banking Regulation and Supervision Agency (BDDK) announced that the number of millionaires increased by 202 thousand people last year.

Now, new data on companies in our country have been shared. According to Anadolu Agency, compiled from data collected by the Union of Chambers and Commodity Exchanges of Turkey (TOBB), there has been a significant increase in the number of companies in Turkey in the last five years, including the COVID-19 pandemic. In the data, it was stated that 6 new companies were opened instead of each company closed in the last five years.

It turned out that the most established company type is ‘limited company’

According to the published data, 72,871 companies were established in 2017. This number, which increased to 85,279 in 2018, continued to increase, increasing to 84,102 in 2019 and 101,318 in 2020. In 2021, which we left behind, the number of companies established increased again. to 109 thousand 695 was reported to have risen. In addition, the number of companies closed; 13,517 in 2017, 12,564 in 2018, 13,197 in 2019, 15,366 in 2020, and in 2021 16,222 it has been reported. As a result of the comparison of these numbers, 6 new companies were opened instead of each company. observed.

In addition, in the incoming data, the most established company type limited liability company (LTD) turned out to be. According to the statements, 388,240 of the companies established in the last five years were limited liability companies, 64,945 were joint stock companies and 76 were collective companies. In addition, it was noted that companies with foreign capital doubled to 13,445 in 2021 compared to five years ago. It was also among the statements that the number of companies with foreign partners increased to 56,577 in this five-year period.