Turkey: Corporate/Commercial Law

17.10.2026 tarihli ve 33403 sayılı Resmî Gazete’de yayımlanan Anonim ve Limited Şirketlerin Sermayelerini Yeni Asgari Tutarlara Yükseltme Süresinin Uzatılmasına İlişkin Tebliğ (“Tebliğ”) ile 6102 sayılı Türk Ticaret Kanununun (“TTK”) geçici 15. maddesi kapsamında şirketlerin sermayelerini yeni asgari tutarlara yükseltmeleri için öngörülen süre, 31.12.2026 tarihinden 31.12.2027 tarihine uzatılmıştır.

The Communiqué on the Extension of the Deadline for Joint Stock and Limited Liability Companies to Increase Their Capital to the New Minimum Amounts (“Communiqué”), published in the Official Gazette dated 17.10.2026 and numbered 33403, extends the deadline for companies to increase their capital to the new minimum amounts under Provisional Article 15 of the Turkish Commercial Code No. 6102 (“TCC”) from 31.12.2026 to 31.12.2027.

Wholesale of substantial part of a joint stock company’s assets require shareholders’ approval under Turkish Commercial Code numbered 6102 dated 13 January 2011 (“TCC”) art. 408/2(f). From a comparative law perspective, jurisdictions that impose shareholder approval requirement for transfers of corporate assets span a range of legal systems, such as Germany, Delaware, Switzerland, South Africa or Philippines. Such requirements are typically designed to protect shareholders’ interests and to ensure major transactions do not jeopardize the company’s ability to pursue its business.