Share on LinkedInShare on LinkedIn

ARTICLE · 14 JANUARY 2014

Company Formation In Turkey

This article aims to provide general information on most commonly preferred types of limited liability corporations in Turkey.

TurkeyCorporate/Commercial Law
Ulvi Ali Arıkan
Ulvi Ali Arıkan

INTRODUCTION

This article aims to provide general information on most commonly preferred types of limited liability corporations in Turkey.

There are two such types of limited liability corporations in Turkey: "Turkish Joint Stock Companies" ("anonim şirket" in Turkish, abbreviated as "A.Ş.") and "Turkish Limited Liability Companies" ("limited şirket" in Turkish, abbreviated as "Ltd."). Both types are governed by the Turkish Commercial Code ("TCC"). As the Foreign Direct Investments Law No: 4875 dated June 5, 2003, Article 3 clearly provides that foreign investors are to be treated the same as the local investors (unless an international treaty exists to the contrary), foreign investors are free to choose any of these two types for their operations in Turkey.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from