The #1 alternative
Commenda vs Acclime vs Tetra Consultants
Setting up a Turkish Limited Şirket as a foreigner. Here's how the three compare.
Comparison at a glance
Acclime and Tetra Consultants cover Turkey and their regional footprints. Commenda runs four product suites across 70+ countries, so one platform takes you from your Turkey entity to a full multi-country group.
Commenda
Global entity management software with complete compliance. Sets up your Turkish Limited Şirket (attorney filing, tax IDs, Chamber of Commerce registration, signature circular, bank account) and runs it alongside entities in 70+ countries.
Acclime
Corporate-services group across Asia and the Middle East. Entity formation, accounting, tax, and corporate secretarial, quote-based per market. Good for a Turkey (or Asia) company run through a regional advisory firm.
Tetra Consultants
Global incorporation firm based in Singapore. Turkey company registration and bank account opening on a per-engagement quote. Good for a one-time Turkey setup handled by a formation specialist.
Feature comparison
Why we do it better
 | Acclime | Tetra Consultants | |
|---|---|---|---|
| Starting price (formation, individual) | $4,680 | Quote-based | Quote-based |
| Attorney + Chamber of Commerce filing | |||
| Tax IDs + signature circular | |||
| Local corporate bank account | |||
| Registered Turkey address | Model-specific | ||
| Local accounting (monthly) | Model-specific | ||
| Corporate tax + statutory accounts | Model-specific | ||
| VAT (KDV) registration & filing | Model-specific | ||
| Payroll + SGK filings | Model-specific | ||
| Transfer pricing (cross-border + CbCR) | Model-specific | ||
| Multi-entity consolidation / audit trail | |||
| Manage entities in other countries | 70+ | Asia/ME focus | Project-by-project |
| 100+ ERP integration support | |||
| Jurisdiction reach | Global, 70+ | Asia, Middle East | Global (project) |
Built for different buyers
Pricing compared
Advertised rates as of June 2026. Competitor pricing changes often.
Commenda
$4,680incl. VAT, one-time
- Line items: attorney $1,375, official registration $1,125, bank account $500, VAT $780
- Corporate-shareholder formation $6,840 one-time (incl. 20% VAT)
- Mandatory base: accounting $500/month, registered address $75/month, mobile number $125
- Customers typically retire 3 to 5 vendors
Acclime
Quoteper market
- Regional corporate-services group; accounting, tax, and corporate secretarial bundled per market
- Asia and Middle East focus; Turkey local service and compliance
Tetra Consultants
Quoteper engagement
- Per-engagement fee covering registration and bank account opening
- Third-party ranges for a foreigner-owned Turkey LLC commonly run about $2,500 to $5,000 all-in
- Global incorporation specialist; ongoing local compliance handled project-by-project
How each model works
What's the difference?
How Acclime and Tetra Consultants stack up against Commenda for entity management in Turkey.
Commenda: Turkey managed as part of your global group
- Sets up the Turkish Limited Şirket (attorney filing, tax IDs, Chamber of Commerce, bank account)
- Then runs accounting, corporate tax, VAT (KDV), payroll, and transfer pricing
- Consolidates Turkey with your entities in 70+ countries, one audit trail
Acclime and Tetra Consultants: Turkey setup plus Turkey service
- Full CSP or formation service, quote-based per engagement
- Can be lower cost for a single Turkey company
- No cross-border consolidation or transfer pricing across a wider group on one platform
Making a decision
Which one should you choose?
The right fit depends on your footprint and stage in Turkey.
Choose Commenda if…
- You operate in Turkey and at least one other country
- You want Turkey managed alongside the rest of your group, with consolidation
- You want attorney filing, bank account, VAT, accounting, and transfer pricing in one place
- You want published, line-item pricing instead of a quote
Choose Acclime if…
- Turkey (or an Asia/Middle East market) is your focus
- You want a regional advisory firm handling accounting, tax, and secretarial
Choose Tetra Consultants if…
- You want a one-time Turkey incorporation handled by a formation specialist
- Ongoing local compliance project-by-project is acceptable
Common questions
Yes. Turkey allows 100% foreign ownership of a Limited Şirket by individuals or by a foreign company, and there is no local director requirement. Setup can be done remotely via a notarized and apostilled Power of Attorney. Commenda, Acclime, and Tetra Consultants all handle the filing.
No. Turkey has no local director requirement. Commenda can still provide nominee director and shareholder services if your structure needs them (pricing on request).
For a Turkey-only company, a local formation specialist may quote a lower one-time fee. Commenda is the better fit for a cross-border group: it manages Turkey alongside entities in other countries, with transfer pricing and consolidation, on one platform with published pricing.
$4,680 one-time for an individual-shareholder formation (incl. 20% Turkish VAT), or $6,840 for a corporate shareholder. Mandatory base costs are local accounting $500/month, registered address $75/month, and a Turkish mobile number $125 one-time.
Yes. A local corporate bank account is mandatory for operations and tax compliance. Commenda assists with opening it; Turkish banks expect regular local business activity to keep it open.
About 2 to 3 weeks end-to-end with Commenda (passport translation, tax IDs, PoA, title reservation, Chamber of Commerce filing, signature circular, bank account), depending on the parent entity's country.
100 questions, from real customer calls.
The questions finance teams actually ask about entity management: EINs for non-residents, Delaware vs Wyoming, cleaning up the entities a previous provider left behind, and more. If you're looking for something, you'll find it here.
