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How to change the director of a company in Türkiye?

Changing a company director in Turkey is a complex process that requires careful planning and preparation. It is important to understand the laws and regulations in Turkey and know the procedures to follow to make the change of director. In this article, we will look at the steps to follow in order to change the director of a company in Turkey.

Step 1: Determine the type of company

The first step is to determine the type of company you need to make the change of director. In Turkey, there are several types of companies, including limited liability companies (SRL), public limited companies (SA) and partnerships limited by shares (SCA). Each type of company has its own rules and procedures for effecting the change of director. It is therefore important to understand the differences between these types of companies before proceeding with a change of director.

Step 2: Determine the number of directors

Once you have determined the type of corporation you need, you need to determine the number of directors you need. In Turkey, the minimum number of directors required for a company is three. However, the maximum number of directors allowed for a company is five. It is important to note that the number of directors can be increased or decreased depending on the needs of the company.

Step 3: Determine Director Qualifications

Once you have determined the number of directors you need, you need to determine the qualifications of the directors. In Turkey, directors must be Turkish citizens or permanent residents. Directors must also be at least 18 years old and not under judicial supervision. Directors must also be able to provide information about their identity and address. Directors should also be able to provide information on their employment history and qualifications.

Step 4: Submit the required documents

Once you have determined the qualifications of the directors, you must file the required documents with the Turkish Commercial Registry. The required documents include a request for a change of directors, a certified copy of the directors' identity documents, a certified copy of the directors' address documents, and a certified copy of the directors' employment history and qualifications documents. Once all the required documents have been filed, the Turkish Commercial Registry will review the documents and issue a Certificate of Change of Director.

Step 5: Publish the Notice of Change of Director

Once the change of director certificate has been issued, you must publish a change of director notice in a local newspaper. The notice must include the name and address of the company, the name and address of the new directors and the date on which the change will take effect. Once the notice has been published, you must send a certified copy to the Turkish General Directorate of Taxes.

Step 6: Update Company Documents

Once the Notice of Change of Director has been issued and the certified copy has been sent to the Turkish General Directorate of Taxes, you need to update the company documents. The documents to be updated include the register of shareholders, the register of directors and the register of proxies. You must also update the register of articles of association and the register of powers of attorney. Once all the documents have been updated, you can proceed with the change of director.

Conclusion

Changing a company director in Turkey is a complex process that requires careful planning and preparation. It is important to understand the laws and regulations in Turkey and know the procedures to follow to make the change of director. The steps to perform the change of director of a company in Turkey include determining the type of company, determining the number of directors, determining the qualifications of the directors, filing the required documents, publishing a notice change of director and updating company documents. By following these steps, you will be able to successfully change the directorship of a company in Turkey.