The minimum capital amount has been increased to TRY 250,000 for joint stock companies, and TRY 50,000 for limited liability companies.

In accordance with the Presidential Decree No. 7887 published in the Official Gazette No. 32380 dated 25.11.2023, the minimum capital amounts for joint stock companies and limited companies set forth in the Turkish Commercial Code No. 6102 have been updated as follows: (i) For joint stock companies: increased from TRY 50,000 to TRY 250,000,(ii) For […]

The minimum capital amount has been increased to TRY 250,000 for joint stock companies, and TRY 50,000 for limited liability companies. Read More »

Commercial Books Part I: Mandatory Books to be kept by Joint Stock and Limited Liability Companies

You can check here the Part-I of our study on (i) the commercial books that shall be kept by joint stock and limited liability companies, (ii) opening, closing, and renewal approvals of such books, and (iii) registration rules and storage periods of commercial books within the scope of the Turkish Commercial Code No. 6102 and

Commercial Books Part I: Mandatory Books to be kept by Joint Stock and Limited Liability Companies Read More »

The rent increase rate for workplaces in November 2023 has been announced.

Upon the announcement of the CPI data by TURKSTAT, the rent increase rate for workplaces in November 2023 has been determined as 54.26%. On the other hand, as per the Provisional Article 1 of the Turkish Code of Obligations No. 6098, the rent increase limit of 25% for residential places shall continue to be applied

The rent increase rate for workplaces in November 2023 has been announced. Read More »

“The Law on Renting Residential Buildings for Tourism Purposes”, i.e. the “Airbnb Law” has been promulgated.

02/11/2023 tarihli 32357 sayılı Resmî Gazete’de yayımlanan 7464 sayılı “Konutların Turizm Amaçlı Kiralanmasına ve Bazı Kanunlarda Değişiklik Yapılmasına Dair Kanun” ile getirilen düzenlemeleri buraya tıklayarak inceleyebilirsiniz.

“The Law on Renting Residential Buildings for Tourism Purposes”, i.e. the “Airbnb Law” has been promulgated. Read More »

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