IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Jul 2012 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

 On 30 June 2012 the Turkish official gazette (resmi gazete) published decree 6335 encompassing an amendment of the new Turkish Commercial Code no. 6102. Under the changed rules, limited liability companies established under Turkish law no longer need to have at least one Turkish resident on their management board (former Article 628 of TCC 6102).

AFFECTED COUNTRIES

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