DOCUMENTS
REQUIRED FOR THE ESTABLISHMENT PROCEDURES OF
JOINT STOCK AND LIMITED LIABILITY COMPANIES |
A-
Petition
and form for company establishment notification
duly filled in and signed by persons authorized to
represent the company,
B-
Notarised articles
of association; one original and 2 copies,
C-
Notarized signatures of persons authorized to represent
the company together with the company trade name,
D-
Letter
of Commitment in accordance with Article 29 of
the Trade Registry
Regulation,
E-
Bank receipt of
the deposit paid to the Consumers’ Fund account,
amounting to one thousandth of the company capital,
F-
For joint stock companies specified in Article 5 of
the Communique,
the original letter of permit of the Ministry,
G-
Certified copies
of the ID certificates of the real person founders,
and their residence certificates.
In addition to
the ones listed above, the following documents has
to be attached to the petition where necessary:
For
joint stock companies that are obligated to be established
with paid-up capital owing to the relevant special
legislation and for companies that are obligated by
their articles of association for payment of capital
at the establishment stage; receipt from the bank
or the private finance institution certifying the
capital payment.
In case the company
being established is to operate in fair and exposition
business; documents certifying that the shareholders
and officials who are authorized to represent the
company although not being shareholders, have not
gone bankrupt, have not applied for insolvency agreement
or been convicted of infamous crimes such as embezzlement,
peculation, extortion, bribery, theft, swindling,
forgery, abuse of confidence, fraudalent bankrupcy,
with the exception of negligent offenses.
In case the company is being established by way of
a change in kind; expert report of the assesment made
to ascertain the equity capital of the company and
the related court decision for expert assignment.
In case the company that changes kind is a collective
or a commandite partnership; letter from the tax office
that the shareholders of the company are free from
any tax debts.
In case there are any rights and movable and immovable
assets to be put in as capital for a company to be
established; expert report of the assesment made to
ascertain the value of these and the related court
decision for expert assignment.
In case there are any securities put in as capital
for a company to be established; expert report of
the assesment made to ascertain these and the related
court decision for expert assignment or Sworn Financial
Auditor (YMM) report.
In case stocks of companies established overseas are
being put in as capital by foreign shareholders; the
original copy of the document issued by the institutions
authorized for value assessment in accordance with
the laws of the country of origin or experts assigned
by the courts of the country of origin or by international
rating companies, approved by the related Turkish
Consulate or approved in accordance with the provisions
of the Convention on the Abolishing the Requirement
of Legalization for Foreign Official Documents Approval
Obligation, prepared on the basis of the Hague Conference
on International Private Law and its Turkish translation.
In case there are any real persons of foreign citizenship
among the founders of the company, the xerox copy
of his/her passport to be presented together with
the passport itself or its notarized copy. In case
the foreign shareholder(s) is a legal entity; the
original copy of Certificate of Business Activity
issued by the chamber of industry and/or commerce
the company is registered at or by the authorized
courts, approved by the related Turkish Consulate
or approved in accordance with the provisions of the
Convention on the Abolishing the Requirement of Legalization
for Foreign Official Documents Approval Obligation,
prepared on the basis of the Hague Conference on International
Private Law and its notarized translation.
In case the capital in kind is an immovable asset;
letter from the land registry office that there is
no restriction on the subject immovable; as for vehicles,
letter from the related traffic office that there
is no limitation for property transfer.
In case there are any municipalities or such other
local administrations or unions established by such
among the founders of the company to be established,
a copy of the related Council of Ministers’
decree permitting their participation.
Since Turkish citizens residing abroad are deemed
as foreign investors in accordance with the Foreign
Direct Investment Law No: 4875, in case these persons
apply at the Trade Registry Offices for investing
within the framework of the law, work and residence
permits of these citizens.
Registry outline from the related chamber to accompany
the reports prepared by occupational members licensed
in accordance with Law No: 3568.
