Limited Liability Company

Minimum capital requirement: 10.000,00 TL

Management: A Limited Liability Company is managed by one or more managers. If more than one manager is appointed, at least one of the managers should be a shareholder.

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Share Transfer: Share transfers must be registered with the Turkish Trade Registry.

Liability: Shareholders can be held liable to the company, to other shareholders and creditors for breaching their liabilities regulated by law and articles of association wrongfully arisen from the law and contract.