… A person who has a Limited Company in Turkey also has a company in The United States. Is it possible for this Limited Company to buy the company in the U.S.A? Can there be a merger? If so, how is it possible? Which way should I follow?
There isn’t a regulation in the Law about this subject, but this can be possible with the transfer of shares. Just as the company in the U.S.A can be the only sharer of the company here, if possible in accordance with the laws in the U.S.A, the company in Turkey can operate as the only sharer of the company in the U.S.A. The transfer process must be completed in the way of transfer of shares and an announcement of registration must be made. It is beneficial to obtain information from the related country about the process in the U.S.A. In Turkey, there is nothing you are required to do for the process in the U.S.A.
Source: İSMMMO
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