ISTANBUL — A total of 9,540 companies were established in Türkiye in July, while 2,686 companies closed, according to company formation and closure statistics released by the Union of Chambers and Commodity Exchanges of Türkiye (TOBB).
The number of newly established companies decreased 1% month-on-month, from 9,639 in June to 9,540 in July. The number of companies that closed fell 18.4%, from 3,293 to 2,686.
Compared with July 2025, the number of newly established companies declined 2.5%, while the number of closed companies decreased 7.5%.
66,602 Companies Established in Seven Months
Between January and July, 66,602 companies were established, representing a 7.4% increase compared with the same period last year. Meanwhile, the number of companies that closed fell 2.5% year-on-year to 16,170.
Including cooperatives, a total of 67,518 companies and cooperatives were established during the first seven months of the year.
Istanbul Accounts for 37.4% of New Companies
Of the 9,540 companies established in July, 957 were joint-stock companies and 8,583 were limited liability companies.
Istanbul accounted for the largest share of new company formations at 37.4%, followed by Ankara at 9.9% and Izmir at 5.4%.
Bayburt was the only province where no new company was established during the month.
Wholesale and Retail Trade Leads
Wholesale and retail trade was the leading sector for newly established companies and cooperatives, with 3,348 businesses established in July. Construction followed with 1,311, while manufacturing accounted for 1,169.
Among closed companies and cooperatives, 934 operated in wholesale and retail trade, 386 in manufacturing, and 223 in construction.
A total of 102 cooperatives were established in July, including 57 housing cooperatives, 20 business cooperatives and 10 agricultural development cooperatives.
919 Companies Established with Foreign Capital
In July, 919 companies with foreign partners were established in Türkiye. Of these, 393 had Syrian partners and 58 had Iranian partners.
Foreign partners accounted for 60.1% of the total capital of these newly established companies.
The data also showed that women accounted for 15.7% of partners in newly established joint-stock companies, 17.1% in limited liability companies and 22.1% in cooperatives. Women established 15.5% of new sole-proprietor commercial businesses.
Overall, the July figures indicate that while new company formations edged down from June, the number of closures declined more sharply, while the cumulative number of companies established during the first seven months remained significantly above last year’s level.
Source: Patronlar Dünyası/ Prepared by: İlayda Gök