RANK NO

NAME OF SERVICE PROVIDED TO CITIZENS

DOCUMENTS REQUIRED DURING THE APPLICATION

SERVICE COMPLETION PERIOD (IN DAYS) (LATEST)

1

Property Acquisition Permits for Companies with Foreign Capital

Please click here for the Information and Documents during the Application, and the Announcement.

• Application petition:(4 pcs)

Information such as title deed of the immovable property desired to be acquired, purpose of acquisition and use, the company's mail address, tax office and number are specified in the petition. The company's letterhead, if any, is used and it must be filled in a computer or typewriter. The petition is signed by the person(s) authorized to represent the company. (it may be signed by the person or persons specified in the registration at the trade registry, and the other persons to whom they have given power of attorney through a notary public). (Please find the sample petition enclosed herewith).

• Sample coordinated sketch for the immovable property:(2 pcs, 1 original - 1 photocopy) (7 digits according to the Memleket Coordinate System and certified by the relevant Cadastral Office) (Application sketch is not accepted).
• The sample title deed of the immovable property with encumbrance: (3 pcs) (1 original, 2 photocopies).
• The certificate of good standing obtained from the Trade Registry Office with which the company is registered. (1 pcs)
• Letter of authorization indicating that the company is authorized by its respective trade registry office for immovable property transactions and authorized signatories of the company. (1 piece)
• A letter issued by the trade registry office in the last one month , revealing the existing situation, which indicates names or titles, nationalities, and shareholding rates at the company of foreign partners; (1 pcs)
  • If the shares of the company are not traded on the stock exchange, this letter will be obtained from the trade registry office where the company is registered (in this case, documents 5 and 6 may be combined).
  • If the shares of the Company are traded on the stock exchange, the document no. 5 will be obtained from the Central Registry Agency.

NOTE: In the event that there are foreign investors among the shareholders requesting that the information about themselves be not disclosed to the company, it is ensured that such information is sent directly to the Governor's Office by the Central Registry Agency within 5 days. If a real person, a photocopy of the identity card, if a Company, a letter of authorization indicating the existing shareholding (showing the names of shareholders) and ID photocopies of shareholders,

• Letter of Undertaking: (1 piece): The letter of undertaking signed by the attorney who has the power to purchase and sell property on behalf of the company, and the signature circular belonging to the company officer who signed the letter of undertaking will be attached. The person acting as an attorney, who is to sign the letter of undertaking, must have the power to purchase and sell property or to sign a letter of undertaking on behalf of the Company. (Please find the sample letter of undertaking enclosed herewith).

Letter of Undertaking: (1 piece): The letter of undertaking signed by the attorney who has the power to purchase and sell property on behalf of the company, and the signature circular belonging to the company officer who signed the letter of undertaking will be attached. The person acting as an attorney, who is to sign the letter of undertaking, must have the power to purchase and sell property or to sign a letter of undertaking on behalf of the Company. (Please find the sample letter of undertaking enclosed herewith).

• Result of execution letter in case of acquisitions by way of execution. (except for banks)
• Articles of association in the event that the share of the foreign shareholder among the company's shareholders is below 50% and has the authority to appoint or dismiss the majority of the company's executives.

30

2

Limited Real Right Permits for Companies with Foreign Capital (Limited Real Right Permits)

Please click here for the Information and Documents during the Application, and the Announcement.

• Detailed petition.
• Letter of authorization indicating that the company is authorized to engage in immovable property transactions and its representative
• The letter of undertaking and signature circular pertaining to company officials signing the letter of undertaking
• Seller:If a real person, a photocopy of the identity card, if a Company, a letter of authorization indicating the existing shareholding (showing names of shareholders) and ID photocopies of shareholders, (1 piece)
• Power of attorney in case of applications filed by proxy

3

Name

: Coşkun SARIYILDIZ

Title

: Deputy Director

Address

: Provincial Directorate of Planning and Coordination

Phone

: 0 212 455 59 00/(Extension 5771-5772)

Fax

: 0 212 513 13 03

E-Mail

:planlama@istanbul.gov.tr 

Name

: Mehmet Bahattin ATÇI

Title

: Deputy Governor

Address

: Istanbul Governor's Office

Phone

: 0 212 455 59 00

Fax

: 0 212 513 13 03

E-Mail

:  planlama@istanbul.gov.tr