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ARTICLE · 12 JUNE 2023

Share Transfer In Limited Liability Companies

Sakar Law Office
Sakar Law Office
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Sakar Law Office

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In this article, the procedure to be followed for the validity of the transfer of the capital shares of limited liability companies, which is a type of company defined in the Turkish Commercial Code...

TurkeyCorporate/Commercial Law

Introduction

In this article, the procedure to be followed for the validity of the transfer of the capital shares of limited liability companies, which is a type of company defined in the Turkish Commercial Code ("TCC", ""Code"), will be analysed.

What is a Limited Liability Company?

The limited liability company which is regulated under Articles 573 et seq. of the Code is a company established by one or more real or legal persons under a trade name to operate in every purpose and subject not prohibited by law. In these companies, the share capital is determined and this capital consists of the sum of the shares of the share capital.

Share Transfer in Limited Liability Companies

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