Tag: Turkish Code of Commerce
Basic Information about Corporation According to Turkish Code of Commerce
1- What does “Corporation” Mean?
Corporation means a company whose capital is specified and shared and which is in charge of its own assets because...
What is the Partnership and Capital Structure in Corporations?
1- WHAT IS THE CAPITAL STRUCTURE IN CORPORATIONS?
Corporations are established by one or more than one real person or legal entity under a commercial...
What is the Partnership and Capital Structure in Limited Companies?
1- WHO CAN ESTABLISH A LIMITED COMPANY?
Limited Companies are established by one or more than one real person or legal entity under a commercial...
If there is a Foreign Partner during Incorporation, What Should be...
If there is a foreign partner during incorporation, the followings will be needed.
1- Translated and notarized copy of foreign real person (partner)
2- Tax number taken from...
Can Board of Directors Become Indebted to the Company According to...
A Member of Board cannot perform any action on behalf of himself/herself or other persons with the company without getting permission from the Board...
If a Legal Entity Becomes a Partner during Incorporations, What Should...
Legal entities can be assigned to the Board of Directors in Corporations and Limited Companies; however, real person(s) representing legal entities cannot be assigned...
What is the Liquidation Process in Corporations?
If the following conditions are fulfilled, Corporations will go into liquidation.
1- Despite of expiry, unless Corporation virtually stays in business and the business hasn’t been...
What is Permanent Representative?
1- HOW A WORK PLACE DETERMINED ACCORDING TO REVENUE LAW?
A work place is determined according to Tax Procedure Law.
2- WHAT IS PERMANENT REPRESENTATIVE?
Permanent representative, is...
