The minimum capital adjustment period of the companies has been extended.

The Ministry of Commerce's "Communiqué on the Extension of the Period for Increasing the Capital of Joint Stock and Limited Companies to New Minimum Amounts" was published in the Official Gazette and entered into force.

Accordingly, the compliance period for joint stock and limited companies with the new minimum capital amounts has been extended until December 31, 2027.

The minimum capital capital was increased from 50 thousand lira to 250 thousand lira in joint stock companies, and from 10 thousand lira to 50 thousand lira in limited companies. In non-public joint stock companies that have accepted the registered capital system, the minimum starting capital was increased from 100 thousand lira to 500 thousand lira.

In the previous regulation, it was stipulated that the capital of joint stock and limited companies whose capital was below the minimum capital amount would be increased until December 31, 2026.

Source: TRT Haber Ekonomi RSS (Open Press / Translated Full Text)