Union of Chambers and Commodity Exchanges of Turkey

In the first 6 months of 2024, compared to the first 6 months of 2023, the number of closed companies increased by 25.8%, the number of closed cooperatives increased by 8.3%, while the number of closed real person commercial enterprises decreased by 35.9%.

- Number of established companies decreased by 29.9% compared to the same month of last year

In June 2024, compared to June 2023, the number of companies established decreased by 29.9%, the number of cooperatives established decreased by 32.6%, the number of real person commercial enterprises established decreased by 37.8%.

In June 2024, the number of closed companies increased by 8.3% compared to the same month of 2023, and the number of closed cooperatives increased by 4.2%. The number of closed real person commercial enterprises decreased by 60.8%.

- The number of cooperatives established in June 2024 decreased by 45.9% compared to the previous month

Compared to the previous month, the number of established companies decreased by 34.4%, the number of established real person commercial enterprises decreased by 37.3%, the number of established cooperatives decreased by 45.9%.

Compared to the previous month, the number of closed companies decreased by 26.7%, the number of closed real person commercial enterprises decreased by 14.5% and the number of closed cooperatives increased by 23.3%.

- No company establishment in Gümüşhane and Iğdır in June 2024

Of the 6,759 companies and cooperatives established in June 2024, 86.1% were limited liability companies, 11.6% were joint stock companies and 2.3% were cooperatives. Of the companies and cooperatives, 37.5% were established in İstanbul, 11.1% in Ankara and 6.5% in İzmir. There were no company establishments in Gümüşhane and Iğdır this month.

- The total capital of companies established in June 2024 decreased by 12.2% compared to the previous month

A total of 53,992 companies and cooperatives were established in 2024. A total of 46,708 limited liability companies and 5,963 joint stock companies constituted 75.2% and 24.8% of the total capital, respectively. The total capital of companies established in June decreased by 12.2% compared to May.

- In June 2024, 2,194 companies and cooperatives were established in trade, 1,001 in manufacturing and 852 in construction sectors. 246 real person commercial enterprises were established in construction sector

In June 2024, 2,194 of companies and cooperatives were established in trade, 1,001 in manufacturing and 852 in construction. Of the real person commercial enterprises established in June 2024; 246 in construction, 244 in wholesale and retail trade, repair of motor vehicles and motorcycles, 94 in manufacturing.

Of the companies and cooperatives closed this month; 720 in wholesale and retail trade, repair of motor vehicles and motorcycles, 279 in manufacturing, 234 in construction.

Of the real person commercial enterprises closed this month; 372 in wholesale and retail trade, repair of motor vehicles and motorcycles, 162 in construction, 132 in manufacturing.

- 110 of 153 cooperatives established in June 2024 were Housing Construction Cooperatives.

Of the 153 cooperatives established in June 2024, 110 were Housing Construction Cooperatives, 23 were Enterprise Cooperatives and 7 were Agricultural Development Cooperatives.

- 493 companies with foreign share capital established in June 2024

Of the 493 companies with foreign share capital established in June 2024, 302 were established in Türkiye, 26 in Iran and 13 in Azerbaijan.

Of the 493 companies with foreign share capital, 57 were joint stock companies and 436 were limited liability companies. 488 of the companies established in 2024 were established in Wholesale trade in stores not devoted to a specific commodity, 182 in Business and other administrative consulting activities and 175 in Construction of buildings for residential or non-residential purposes.

Of the total capital of the companies with foreign partner capital established, 67.6% of the share of foreign partners constitutes the share of foreign capital.