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End of Liquidation

Exit from Liquidation Process

Limited Company: To exit liquidation, a resolution from the partners’ meeting is required. This resolution is recorded in the decision book and notarized. The exit from liquidation is registered with the trade registry office, followed by an announcement in the Turkish Trade Registry Gazette. The transaction must also be reported to the relevant tax office, and the necessary documents are submitted.

Joint-Stock Company: For joint-stock companies, to exit liquidation, a general assembly resolution is required. The resolution is notarized, and the exit from liquidation is registered with the trade registry office. The change is announced in the Turkish Trade Registry Gazette, and the transaction is reported to the relevant tax office. The necessary documents are submitted.

If foreign individuals or legal entities wish to exit liquidation, a power of attorney or representation document obtained from their country is required. These documents must be notarized for use in Turkey. Additional documents may be required during the exit from the liquidation process.

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