Regulations About Stock Companies In Turkish Code Of Commerce

The trading corporations may be amassed of the subtitle of private  companies and stock companies according to current Turkish Code of Commerce numbered 6102, article 124. Herein, the stock companies will be described and reviewed in the light of latest progress. Stock companies are the kind of companies that consist of joint stock, commandite and

Legislative system in Turkey

In Turkey, Legislative power is granted to the Grand National Assembly, a one-chamber parliament composed of 550 deputies, who are elected every four years. The Grand National Assembly writes legislation, supervises the Council of Ministers, and adopts the budget. The president can be voted out of office by a vote of threequarters of Grand National Assembly members. The

Taxation Treaties in Turkey

Turkish companies with foreign shareholders willing to avoid the double taxation  may use the provisions of the Taxation Treaties signed between foreign parent country and Turkey. As of the date hereof, Turkey has income Taxation Treaties in force with the following countries:  Albania  Algeria  Austria  Azerbaijan  Bahrain  Bangladesh  Belarus  Belgium  Bosnia