3,442 results found

The Electronic Commercial Ledger System (the "ETDS") entered into force with the "Communiqué on Keeping Commercial Books Not Related to the Accounting of the Business...

The Law on Amending the Turkish Commercial Code and Certain Laws was published in the Official Gazette dated 29.05.2024.

The Law on the Prevention of the Financing of the Proliferation of Weapons of Mass Destruction No. 7262 (the "Law No. 7262") was published in the Official Gazette No. 31351 on December 31, 2020.

Canon 6102 of the Turkish Commercial Code ("TCC") regarding bearer share certificates and commercial bookkeeping was amended ("Amendment") in consideration of the Law on the Prevention of Financing...

The amounts specified under subparagraphs (a) and (b) of Article 5, paragraph two of the Communiqué on Corporate Governance No. II-17.1 ("Communiqué") have been redetermined in the announcement ("Announcement") published in the Capital Markets Board's ("Board") Bulletin No. 2025/3 dated 16.01.2025.

The remaining 75% must be paid within 24 months of the relevant registration date.

Article 376 of the Turkish Commercial Code regulates specific cases of capital inadequacy in joint stock and limited liability companies and requires certain corporate actions to be taken in each case.

A new communiqué of the Ministry of Customs and Trade, namely the Communiqué on Signing of Company's Articles of Association before Trade Registry Directorates ("Communiqué"), has been published in the Official Gazette on December 6, 2016 ...

In the SSI General Letter dated 05.05.2021 and numbered 24730873, it was explained that the information that should always be up-to-date such as the manager...

However the consequences of absolute implementation of limited responsibility of owners and separation and independency of corporate entities principle cause unjust situations.

A range of legislative changes have been made in Turkey following the attempted coup on 15 July 2016, as well as changes to the structures and compositions of government, military and judicial bodies.

With the Presidential Decree No. 7887, published in the Official Gazette dated 25 November 2023 and numbered 32380, the minimum capital amounts prescribed for joint stock and limited liability companies were increased, and this regulation entered into force on 1 January 2024.

The capital increase in joint-stock companies is executed by following the procedure stipulated in Article 456 et al of the Turkish Commercial Code

A brief examination of a number of firms' specimens of signature reveals that the authority to represent a firm is limited with the subject matter and extent and the authority to represent such firm in all aspects...

The Central Electronic Registration System ("MERSIS") was established in 2010 to provide, among other things, a centralised electronic platform to handle corporate registration formalities.

Turkish Commercial Code dated 13.01.2011 numbered 6102 ("TCC") grants shareholders to apply to the court to dissolve the limited liability company on the grounds of just cause.

According to Article 365 of the TCC, the Board is responsible for the management and representation of the company. Board Members are obliged to act in good faith while managing the company.

Limited liability companies are managed by their board of directors. As per the Turkish Commercial Code No. 6102, the board of directors is composed of at least one director, who could be a Turkish or a foreign real person or legal entity, ...