Companies, which are important subjects of commercial life, are
subject to various legal transactions. Some of these transactions
include the subjection of companies to a sale agreement, division,
sale (transfer), and change of type or merger with each other. In
this article, we will focus on mergers of limited liability
companies.
Limited liability companies are regulated as a type of Capital
Company in the Turkish Commercial Code. Limited liability companies
are the most preferred companies by entrepreneurs due to the fact
that they are companies where the capital element is at the
forefront and the responsibilities of the partners are limited and
they can be established with low capital. Due to the prevalence of
limited liability companies, we frequently come across in practice
that limited liability companies are subject to company mergers,
which are also referred to as "company marriages".
Limited liability companies may merge for various reasons such
