Limited Company: To distribute shares by inheritance, a resolution from the partners’ meeting is required. This resolution is recorded in the decision book and notarized. The shares are distributed among the heirs and 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 distribute shares by inheritance, a general assembly resolution is required. The resolution is notarized, and the shares are distributed among the heirs. The transaction 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.

If foreign individuals or legal entities wish to distribute shares by inheritance, 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 inheritance share distribution process.