Opening a bank account for a company in Turkey can be a challenge if it has foreign directors or shareholders. Banks in Turkey have become increasingly cautious about opening accounts for companies with non-resident directors or shareholders, making it difficult for international businesses to operate in the country. However, this problem can be easily solved with the help of nominee director and shareholder services.

Nominee director and shareholder services offer a solution for companies with foreign directors and shareholders that are struggling to open a bank account in Turkey. These services provide a substitute director or shareholder who is a resident of Turkey, allowing the company to fulfill the requirements set by the banks.

The nominee director or shareholder acts as a representative of the company and assumes all the legal responsibilities associated with the role. This way, the company can establish a bank account in Turkey and carry out its business operations without any hindrance. Moreover, the nominee director or shareholder does not have any say in the company’s decision-making process and does not participate in its management.

The benefits of using nominee director and shareholder services are numerous. Firstly, it helps companies to bypass the restrictions imposed by Turkish banks, making it easier for them to do business in the country. Secondly, it provides a convenient and cost-effective solution for companies that do not have a physical presence in Turkey. Finally, it ensures that the company complies with all the regulations and laws of the country, protecting its interests and reputation.

In conclusion, if you are a company with foreign directors or shareholders struggling to open a bank account in Turkey, nominee director and shareholder services are the perfect solution. With the help of these services, you can easily bypass the limitations imposed by Turkish banks and carry out your business operations without any hassle. So, if you want to take your business to the next level in Turkey, consider using nominee director and shareholder services today.