share transfer

Limited Company: To transfer shares, a resolution from the partners’ meeting is required. This resolution is recorded in the decision book and notarized. The transfer is carried out through a share transfer agreement 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, a general assembly resolution is required to transfer shares. The resolution is notarized, and the transfer is carried out through a share transfer agreement. 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 transfer shares, a power of attorney or representation document obtained from their country is required. The share transfer process may require notarization and additional documents. Foreign partners may also need to submit foreign currency transfer certificates or proof of assets in Turkey.