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Company Searches International provides business reports on all companies registered in Turkey. Full company name and address are required to undertake a search.
Business Reports
These are general company profiles based on the most up to date information available at local official registries and other sources. They are always available in English, on a three speed service.
Contents of a Business Report:
Identity, Legal Status & History
- Legal Form
- Year of Incorporation
- Registered Number
Ownership & Management
- Declared/Paid-Up Capital
- Shareholders
- General Manager
- Ultimate Holding Company
Activities & Operations
- Activities
- Import/Export Markets
- Branches/Plant
- Number of Staff
- Premises (Owned or Rented)
Financial & Public Record Information
- Turnover for last 3 years
- Imports
- Exports
A Summary & Credit Opinion
- Bankers
- Credit Opinion, usually one of four standard recommendations.
PRINCIPAL BUSINESS TYPES
Anonim Sirket (AS)
A public limited liability company. Must be at least five shareholders and a minimum
capital of TL 500,000. Shares are freely transferable and may be offered to the public. The liability of shareholders is limited to the nominal value of shares held. The company name is followed by Anonim Sirketi (the possessive form of "sirket") or the abbreviation. Foreign owned projects usually contain in their articles of limitation of the numbers of shareholders to 100 and a prohibition of any application to the stock exchange for a quotation.
Limited Sirketi (LTD.STI)
A private limited liability company. Must be a minimum of two and a maximum of 50 shareholders and a minimum capital of TL 500,000. Transfer of shares is restricted and they may not be offered to the public. The liability of shareholders is limited to the nominal value of shares held. The company name is followed by Türk Limited Sirketi, or the abbreviation.
Other Forms:
Civil Law Partnership
Commercial Law Partnership
Limited Partnership
Cooperative
Foreign owned branch
Foreign owned non-trading unincorporated liaison office
Sole Proprietorship
Other Information
Turkey does not have a centralised registry. There are Chambers of Commerce in all cities and some big towns, where records can be accessed. All types of companies must give their accounts to tax departments and public companies must publish their accounts in the newspapers. Companies have 5 months in which to file their accounts and there is usually a December year end.
Financial Information
Our correspondent usually would include details of the profit and loss and balance sheet in
the Business Report at no extra cost but do not sell these extracts separately.
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