Home Turkish Trade Law What is the Partnership and Capital Structure in Corporations?

What is the Partnership and Capital Structure in Corporations?

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1- WHAT IS THE CAPITAL STRUCTURE IN CORPORATIONS?
Corporations are established by one or more than one real person or legal entity under a commercial name. Its capital is defined and divided into shares and it is only responsible for its own assets for its debts. Capital base is 50.000 TL for the companies which accept original capital system and each share is worth 1 kurus and the multiples of it.

2- HOW MANY SHAREHOLDERS CAN ESTABLISH A CORPORATION?
Corporations can be established with 1 shareholder. If the number of shareholders exceeds 250, that Corporation will be subject to the regulations of Capital Markets Board.

Source: Turkish Code of Commerce

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