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Annulment of General Assembly Resolutions in Joint Stock Companies

Annulment of General Assembly Resolutions in Joint Stock Companies

    The general assembly in joint stock companies is one of the most important corporate bodies through which shareholders express their will regarding the management of the company and fundamental corporate decisions. Resolutions adopted by the general assembly may have significant consequences for the company’s activities, board of directors, profit distribution, capital transactions, and shareholders’ rights.   However, not every general assembly resolution is necessarily lawful. General assembly resolutions of a joint stock company that are adopted in violation of the law, the company’s articles of association, or the principle of good faith may be annulled by a court if the conditions prescribed by law are met.   Therefore, questions such as “How can a general assembly resolution of a joint stock company be annulled?”, “How long is the limitation period for filing an action against a general assembly resolution?”, “Who can request the annulment of a general assembly resolution?” and “Which general assembly resolutions can be annulled?” are of particular importance, especially for shareholders, the board of directors, and members of the board of directors.   In this art..

How Can Foreigners Establish a Company in Türkiye? 2026 Updated Guide

How Can Foreigners Establish a Company in Türkiye? 2026 Updated Guide

  The number of foreigners seeking to invest in Türkiye, conduct commercial activities, or establish a business is increasing every day. Under Turkish law, foreign individuals and legal entities are generally permitted to establish companies in Türkiye, and the company formation process is largely similar to the system applicable to Turkish citizens. However, additional matters must be considered when foreigners establish a company in Türkiye, including passports, tax identification numbers, documents relating to foreign shareholders, apostille and notarization procedures, and, where a foreign shareholder will actively work in Türkiye, work permit requirements. For this reason, before establishing a company, foreign investors should assess not only the type of company they intend to establish but also the required incorporation documents, capital structure, work permit requirements, residence status, and post-incorporation obligations as a whole.   In this article, we address the most frequently asked questions regarding company formation by foreigners in Türkiye, including how foreigners can establish a company in Türkiye, which documents are required for a company with foreign..

Removal and Withdrawal of Shareholders in a Limited Liability Company

Removal and Withdrawal of Shareholders in a Limited Liability Company

Under Turkish law, the withdrawal or removal of a shareholder from a limited liability company does not occur merely because there is a dispute between the shareholders. For both procedures, the applicable statutory provisions, the articles of association, general assembly resolutions, and, where necessary, court proceedings must be taken into consideration. Therefore, it should not be assumed that a shareholder can withdraw from the company or be removed simply by submitting a resignation letter, adopting a shareholders’ resolution, or sending a notarized notice. For the transaction to be legally valid, it is important to determine the procedure appropriate to the circumstances of the case, examine the applicable decision-making quorums, calculate the separation payment (squeeze-out/withdrawal compensation), and properly complete the relevant trade registry procedures. This article explains the ways in which a shareholder of a limited liability company may withdraw from the company, the circumstances under which a shareholder may be removed, actions for withdrawal for just cause, legal remedies against a removal decision, and matters concerning the separation p..

 Required Documents for Work Permit Applications in Turkey and Sector-Specific Requirements

Required Documents for Work Permit Applications in Turkey and Sector-Specific Requirements

Obtaining a work permit in Türkiye is a crucial legal requirement for foreign nationals seeking employment and for employers wishing to hire international talent. The work permit application process involves strict documentation requirements, which may vary depending on the applicant’s profession, industry, qualifications, and the employer’s corporate structure. Missing or inaccurate documents can result in delays, requests for additional information, or the rejection of the application. Whether you are a foreign employee, investor, company executive, engineer, healthcare professional, educator, or employer planning to recruit foreign workers in Türkiye, understanding the applicable legal requirements is essential for a successful application. In this guide, Uzunpınar & Tüfek International Law Firm explains the documents required for work permit applications in Türkiye, industry-specific requirements, employer obligations, and the most important legal considerations to ensure compliance with Turkish immigration and labor regulations. This summary is optimized for keywords such as Turkey Work Permit, Work Permit Application in Turkey, Documents Required for a Turkish Work Perm..

Conditions, Time Limits, and Methods of Proof in an Action for Recovery of Property (Istihkak Claim)

Conditions, Time Limits, and Methods of Proof in an Action for Recovery of Property (Istihkak Claim)

An action for recovery of property (istihkak claim) is a lawsuit filed when it is alleged that an asset seized during enforcement proceedings does not belong to the debtor but to a third party. In other words, a third party who claims ownership or another real right over the seized property files an action for recovery of property in order to protect that right.     ..

What is an Inheritance Contract? How is it Made? Validity Requirements and Annulment

What is an Inheritance Contract? How is it Made? Validity Requirements and Annulment

An inheritance contract is a specific legal transaction through which the deceased regulates the disposition of their estate to take effect after death by means of a mutual and binding agreement, rather than a unilateral declaration of intent...

Investment Consultancy

Investment Consultancy

  Reliable, comprehensive, and strategically planned legal consultancy is essential for individuals and institutions planning to invest both in Turkey and abroad...

Foreigners Law

Foreigners Law

  Foreigners Law is a branch of law that regulates the legal status of foreign nationals residing in Türkiye, in matters such as residence permit, work permit, citizenship, acquisition of immovable property, and deportation decisions. This area has gained significant importance in recent years, especially with the increase in migration processes. For foreigners who wish to live, work, invest, or acquire citizenship in Türkiye, proper management of these procedures is critical to prevent legal mistakes that may lead to irreversible consequences...

Commercial Law

Commercial Law

Uzunpınar & Tüfek International Law Firm provides strategic legal consultancy in the field of commercial law to ensure that companies and investors conduct their commercial activities in a secure sustainable and legally compliant manner From commercial contracts to corporate structuring and the resolution of commercial disputes we deliver result oriented solutions that protect our clients commercial interests at every stage We stand by your side to minimize legal risks in your commercial relationships and to establish a strong legal foundation..

Consumer Law

Consumer Law

  It is a specialized branch of law that ensures the protection of consumers against unfair practices encountered when purchasing goods and services and is subject to regulations at both national and international levels...

Corporate Law

Corporate Law

  Corporate law goes far beyond company formation — it covers every stage from incorporation to liquidation...