Increase of Share Capital

Limited Company: To increase capital, a resolution from the partners’ meeting is required. This resolution is recorded in the decision book and notarized. The capital increase can be made in cash or in-kind. The capital is deposited in the bank or appraised for in-kind contributions. After notarization, a copy of the decision, the notarized capital increase text, and the registration petition are submitted to the trade registry office. Following the registration, an announcement is made in the Turkish Trade Registry Gazette, and the transaction is reported to the relevant tax office. A copy of the decision and the registration certificate is submitted.

Joint-Stock Company: For joint-stock companies, a general assembly resolution is required to increase capital. The resolution is notarized, and the capital increase can be made in cash or in-kind. The capital is deposited in the bank or appraised for in-kind contributions. After notarization, a copy of the decision, the notarized capital increase text, and the registration petition are submitted to the trade registry office. Following the registration, an announcement is made in the Turkish Trade Registry Gazette, and the transaction is reported to the relevant tax office. A copy of the decision and the registration certificate is submitted.

If foreign individuals or legal entities wish to increase capital, a power of attorney or representation document obtained from their country is required. The capital increase can be made in foreign currency, and foreign currency transfer documents must be submitted. Additional documents such as international bank transfer records or proof of assets in Turkey may also be required.