Minimum capital compliance period for companies has been extended
The Ministry of Commerce's notification on the subject was published in the Official Gazette and entered into force.
Quick Look
- The Ministry of Commerce extended the compliance period for joint stock and limited companies with the new minimum capital amounts until December 31, 2027.
- The decision was published in the Official Gazette.
AI-generated summary
Why It Matters
The minimum capital amounts of companies were previously increased and December 31, 2026 was determined as the deadline for compliance.
The Ministry of Commerce's "Communiqué on the Extension of the Period for Increasing the Capital of Joint Stock and Limited Companies to New Minimum Amounts" was published in the Official Gazette and entered into force.
Accordingly, the compliance period for joint stock and limited companies with the new minimum capital amounts has been extended until December 31, 2027.
The minimum capital capital was increased from 50 thousand lira to 250 thousand lira in joint stock companies, and from 10 thousand lira to 50 thousand lira in limited companies. In non-public joint stock companies that have accepted the registered capital system, the minimum starting capital was increased from 100 thousand lira to 500 thousand lira.
In the previous regulation, it was stipulated that the capital of joint stock and limited companies whose capital was below the minimum capital amount would be increased until December 31, 2026.
What to Watch
AI outlook — possibilities, not facts
Companies will increase their capital to the new amounts by December 31, 2027.
Very likely · Within months
Open Questions
- What is the number of companies whose term has been extended?
