TAKE – Muhasebe News

Is it possible to have a board meeting for all general meetings that didn’t take place?

MuhasebeNews — Mon, 15 Apr 2019 14:47:38 +0000

For a Limited Company, can we hold a board meeting for all the ordinary general meetings that didn’t take place since 2010?

It is possible to have a single meeting for all general and board meetings.

Source: İSMMMO
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

Is it possible to benefit from medical care if I take unemployment pay in Turkey?

MuhasebeNews — Mon, 18 Mar 2019 13:44:27 +0000

For those who are entitled to the Unemployment Salary, it is possible to benefit from the below-mentioned services as long as they take the unemployment salary.

Unemployment Salary
General Health Insurance Premium
Finding A New Job
Career development courses, vocational courses and training courses

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

How much of the VAT return can I take with the CPA (Certified Public Accountant) Report?

MuhasebeNews — Thu, 06 Dec 2018 14:30:35 +0000

What is the upper limit of VAT return that the taxpayers who signed a full certification agreement can take with CPA Report?

The upper limit of VAT return that can be taken with a CPA Report is given below in terms of the types:

1-VAT Law: The upper limit for the year of 2018 is TRY 562.000 for the Articles of 11/1a, 11/1c, 13, 14, 15/1-b, 17/4-s, 9

2- The upper limit for the year of 2018 is TRY 1.124.000 for the Article of 29/2.

3- The upper limit for the year of 2018 is TRY 148.000 for the Article of 11/1-b (A Full certification agreement is not required for the returns that will be taken according to this Article.)

Can corporates take their shares?

MuhasebeNews — Wed, 14 Nov 2018 07:00:26 +0000

1- IN WHICH CASES CORPORATES CONSIDER THEIR SHARES AS ACQUISITION OR DEPOSITUM TAKE PLACE?

1.1- A corporate is not able to accept its shares which will exceed its capitals 1/10 rate, as acquisition or deposition. This provision also includes the third person from the corporate who consider his share as acquisition or deposition.

1.2- In order to accept the shares as acquisition or deposition according to the first article of the related law, general assembly has to inform the members of the board.

In this authorization, valid for at most 5 years, the shares to be accepted as acquisition or deposition will be shown by their lower and upper limits are shown. In every permission request, the board states that legal requirements are achieved.

1.3- Additional to the conditions in the article number one and two, after the shares to be acquired are dscounted, the rest active has to be equivalent to at least the total of capital and substitute reserves.

1.4- According to these provisions, only the shares paid can be acquired.

1.5- Above mentioned provisions are executed in case of the fact that main company’s shares are obtained by subsidiary company. Regarding the companies having stock exchange securities, Stock Exchange Commission makes arrangements in terms of principle of transparency and rules of price.

2- DO CORPORATES CAN ACQUIRE THEIR SHARES WITHOUT THE DECISION OF GENERAL ASSEMBLY?
A company, getting rid of a serious loss and harm if necessary, is able to acquire it share without the decision of general assembly regarding authorization.
2.1- The reason and the aim of acquisition
2.2- The number of the shares acquired, nominal par or par value and which part of the capital is represented,
2.3- its cost and payment conditions,
need to be informed.

3- WHAT ARE THE EXCEPTIONS IN THE CASE OF CORPORATES ACQUIRING THEIR SHARES?

A Corporation is able to acquire its share if;
3, 1- It practices the legislations regarding diminishing the capital according to the related law number 473 and 475.
3,2- Total subrogation
3,3- If a law begot necessity of buying
3,4- If it aims to collect on the condition of all the debts are paid.

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Source: Turkish Trade Law

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.