The domestic or external increase of the amount stipulated in a
company's articles of association is referred to as the
"capital increase". Due to the fact that this amount is
stipulated in the articles of association, in principle, the
capital increase is considered as an amendment to the articles of
association. However, the nature of the capital increase may differ
due to the capital system adopted by the company. The capital
increase through capital subscription in non-public joint stock
companies and especially, capital increase in companies that
adopted a registered capital system shall be examined in this
newsletter article.
General
Capital increase may be examined under two main branches; namely
capital increase concluded through capital subscription and capital
increase through internal funds. The increase through capital
subscription requires the shareholders who made a commitment in
order to subscribe to the capital increase, to bring capital in
kind or
