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  • Article

    Dividend Distribution Limitation Period Is Extended

    Provisional Article 13 introducing certain limitations on capital companies' dividend distributions was added to the Turkish Commercial Code on 17 April 2020.
    TurkeyCorporate/Commercial Law
    Kolcuoğlu Demirkan Koçaklı Attorneys at Law
    Kolcuoğlu Demirkan Koçaklı Attorneys at Law
  • Article

    Restrictions Have Ended: Companies Can Now Freely Distribute Dividends

    We had previously announced that the Temporary Article 13 inserted into the Turkish Commercial Code set out restrictions on companies' distribution of their net profits...
    TurkeyCorporate/Commercial Law
    Ersoy Bilgehan
    Ersoy Bilgehan
Article

The Notarization Requirement Has Been Abolished For Companies Transitioning To The Electronic Commercial Ledger System

Pursuant to the notification of the Directorate General of Domestic Trade of the Ministry of Trade, titled "General Assembly and Board of Directors/Directors Resolutions Submitted in Registration Applications," ...
TurkeyCorporate/Commercial Law
LBF Partners
LBF Partners
  • Article

    Closure And Opening Certifications Of Company Books

    Pursuant to this provision, the closing certifications of the board of directors' resolution books for joint-stock companies and cooperatives, or the board of directors' resolution books for limited partnerships divided into shares, or the managers' resolution books for limited liability companies (if applicable), must be completed by Friday, January 31, 2025.
    TurkeyCorporate/Commercial Law
    ESENYEL & PARTNERS Lawyers and Consultants
    ESENYEL & PARTNERS Lawyers and Consultants
  • Article

    Omnibus Bill Dated 11.09.2014

    A new clause has been added to Article 371 of the TCC which regulates the scope and limits of the authority to represent and bind of the board of directors.
    TurkeyCorporate/Commercial Law
    Gur Law Firm
    Gur Law Firm
  • Article

    The Capital Markets Board Abolishes The Notarization Requirement For General Assembly Resolutions And Share Ledgers Maintained Via The Electronic Commercial Ledger System

    Pursuant to its Principle Decision numbered i-SPK.128.25 and dated 15/01/2026 (3/52 p.d.), the Capital Markets Board of Türkiye (the "Board") has adopted a new practice in the evaluation of applications submitted...
    TurkeyFinance and Banking
    Bener Law Office
    Bener Law Office
  • Article

    Amendments To Turkish Commercial Code

    The Law No. 7511 on the Amendment of the Turkish Commercial Code and Some Other Laws ("Law") was published in the Official Gazette dated 29 May 2024, and numbered 32560.
    TurkeyCorporate/Commercial Law
    Sadik& Çapan
    Sadik& Çapan
  • Article

    Amendments Regarding The Keeping Of Commercial Books In Electronic Form

    The Amendment Communiqué on the Communiqué ("Communiqué") on the Keeping of Non-Accounting Commercial Books of Enterprises in Electronic Form ("Amendment Communiqué")...
    TurkeyCorporate/Commercial Law
    Moroglu Arseven
    Moroglu Arseven
  • Article

    Work Permits And Work Permit Exception Certificates For Foreign Directors And Managers

    Ministry officials note that they are awaiting secondary legislation, which will provide further detail and clarity on requirements and the rules and procedures around the grant of work permits...
    TurkeyImmigration
    Bezen & Partners
    Bezen & Partners
  • Article

    Amendment To The Regulation On Associations

    Regulation Amending the Regulation on Associations ("Regulation") is published in the Official Gazette numbered 31635 and dated 21.10.2021.
    TurkeyPrivacy
    CottGroup
    CottGroup
  • Article

    Information Note Regarding Physical Notifications To Companies That Implement To Work Remote Fully Or Partially

    As known, physical notifications to be sent by judicial and administrative authorities, particularly courts, are made in accordance with the provisions of the Notification Law Numbered 7201.
    TurkeyCorporate/Commercial Law
    Bener Law Office
    Bener Law Office
  • Article

    Developments Regarding The Implementation Of Share Buyback Programs Initiated By The Board Of Directors Of Publicly Traded Companies

    According to the first paragraph of Article 5 of the Communiqué on Share Buybacks No. II-22.1 (the "Communiqué"), a share buyback program can only be approved by a general assembly resolution.
    TurkeyCorporate/Commercial Law
    Gün + Partners
    Gün + Partners
  • Article

    Directors & Officers Liability Insurance Gains More Importance Day By Day

    Equity companies have enabled large investments and projects yet also caused company executives and managers to take great responsibilities and to be liable against the company, shareholders, and creditors for any losses incurred ...
    TurkeyCorporate/Commercial Law
    Gün + Partners
    Gün + Partners
  • Article

    New Era In Borsa Istanbul: Venture Capital Market!

    Pursuant to Communiqué on Companies whose Shares will be listed on the Venture Capital Market (II-16.3) ("Communiqué") issued by the Capital Markets Board ("CMB"), non-public companies...
    TurkeyCorporate/Commercial Law
    KECOS
    KECOS
  • Article

    Obligation To Open And Register A Website

    Pursuant to Article 1524 of the Turkish Commercial Code (the "TCC"), joint stock and limited liability companies that are subject to independent audit (for detailed information on which companies...
    TurkeyCorporate/Commercial Law
    Gün + Partners
    Gün + Partners
  • Article

    Associations Regulation Was Amended

    The Regulation Amending the Regulation on Associations ("Amendment Regulation") was published in Official Gazette dated 21 October 2021 and numbered 31635.
    TurkeyGovernment, Public Sector
    Moroglu Arseven
    Moroglu Arseven
  • Article

    Constitutional Court Rules Member Of The Board Of Directors Responsible For Unpaid Social Security Premium Receivables

    The Decision was published on the Official Gazette on July 19, 2019.
    TurkeyGovernment, Public Sector
    Esin Attorney Partnership
    Esin Attorney Partnership
  • Article

    Ruling By The Turkish Revenue Administration On Whether A Manager Of A Sole Shareholder Limited Liability Company Can Be Entitled To A Fee

    Since the new Turkish Commercial Code has entered into force on July 01, 2012, limited liability companies can now be incorporated with a sole shareholder provided at least one shareholder is among the managers of the company.
    TurkeyCorporate/Commercial Law
    Ersoy Bilgehan
    Ersoy Bilgehan
  • Article

    Criminal Liability Of Company Managers

    Company directors are legally responsible persons of limited partnerships, collectives, limited liability, cooperatives and joint stock companies listed in Article 136 of the Turkish Commercial Code.
    TurkeyCriminal Law
    Mustafa TIRTIR Law Firm
    Mustafa TIRTIR Law Firm
  • Article

    The Capital Markets Board Resolution Authority's Principle Decision No. I-Spk 128.27 (Dated 15/01/2026 And Numbered 3/52) Has Been Published

    The Capital Markets Board ("Board") published the Principle Decision No. i-SPK 128.27 (dated 15/01/2026 and numbered 3/52) of the Board Resolution Authority ("Principle Decision")...
    TurkeyFinance and Banking
    NAZALI Attorney Partnership
    NAZALI Attorney Partnership
  • Showing 1–20 of 549 results

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