Notification of Single Shareholder Status

Limited Company: In case of a sole shareholder situation, this is recorded in the decision book through a partners’ meeting resolution. The resolution is notarized 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, in case of a sole shareholder situation, a general assembly resolution is required and notarized. The situation 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 notify a sole shareholder situation, 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 sole shareholder notification process.