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ARTICLE · 15 JANUARY 2024

Trade Registry Practices Regarding New Minimum Capital Requirements In Companies

Pursuant to the Presidential Decision No. 7887 published in the Official Gazette on 25 November 2023 and entered into force on 1 January 2024, the minimum capital amounts of joint...

TurkeyFinance and Banking

Pursuant to the Presidential Decision No. 7887 published in the Official Gazette on 25 November 2023 and entered into force on 1 January 2024, the minimum capital amounts of joint stock and limited liability companies to be newly established were increased. 

Pursuant to the relevant decision, the minimum capital amount for joint stock companies to be newly established has been changed as TRY 250,000, and the minimum capital amount for limited liability companies has been changed as TRY 50,000. 

The uncertainties arising after the decision in question were resolved with the circular letter issued by the Ministry of Trade,. Thus, the minimum capital amounts will have to be taken into account in capital decrease, capital increase, spin-off and change of corporate form transactions.

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