We deposited the amount of capital increase to the bank in US Dollars. İstanbul Chamber of Commerce requests bank document in TL.
1-Company owner is a foreign person. He wants to register his capital in USD. Is it possible to increase the capital in foreign currency?
2-İstanbul Chamber of Commerce requests bank receipt in TL. Is this request valid?
In accordance with Trade Registry Regulation Article 32, trade registeries must be kept in Turkish. It is not possible to increase and register the capital in USD. On the other hand, the deposited amount must be according to the exchange rate of that day.
Source: İSMMMO
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