Corporate and M&A

Contact: NILAY CELEBI; Erdem & Erdem (Turkey)

Introduction

As per Art. 338 of Turkish Commercial Code No. 6102, one or more shareholders may establish a joint stock company. Thus, the Turkish Commercial Code allows a joint stock company to be established by a single shareholder. In addition, a joint stock company that has more than one shareholder may be converted to a single shareholder joint stock company, provided it fulfills certain notification requirements.

Read the entire article.