U.S.A – Muhasebe News

Is it possible for a company in Turkey to buy the shares of a company in the U.S.A?

MuhasebeNews — Wed, 05 Dec 2018 09:00:50 +0000

… 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
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.

Trump’s China tariffs could be imposed in June

MuhasebeNews — Thu, 31 May 2018 08:20:46 +0000

Trump’s China tariffs could be imposed in June

The US has said it plans to impose 25% tariffs on $50bn worth of Chinese imports “shortly” after mid-June.

Critics had accused the administration of going soft on China after Treasury Secretary Steven Mnuchin said tariffs were on hold while the two sides continue trade talks.

But the White House said on Tuesday that a final list of imports slated for tariffs will be published by 15 June.

China said it was both “surprised and unsurprised” by the move.

In a statement, China’s Commerce Ministry called on the US to act in the spirit of earlier joint comments.

It said: “This is obviously contrary to the consensus reached between the two sides in Washington not long ago.”

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Source:BBC
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.