Issues Regarding Compulsary Company Information to be
Placed on All Official Documents Commencing 01.01.2014

Issues Regarding Compulsary Company Information to be <br>Placed on All Official Documents Commencing 01.01.2014 - Yordam Management Consulting

INTRODUCTION

Changes have been made to 6102 Turkish Commercial Code (TCC) in relation to compulsory company information to be placed on commercial documents with effect from 1 January 2014.

TCC second paragraph, Article 39 states: "The name plate of the registered trade name of the business must be placed publicly visible at the place of business. While conducting all official documentation ascertaining to the company must display- based on trader registry records- trader registration number, business name and address.

If the trader is liable to have an official web site, the registered web site's address must also be shown on documents and on the company's web site. In addition, following companies must publish on their website: capital stock companies- all relevant data, name of the CEO and Management Board, paid and unpaid share amounts; limited companies - names of the directors and managers, paid and unpaid share amounts. This also applies to limited liability companies divided by share;”

I. Traders (self-employed or incorporated) who are not liable to create a website

Based on the official trade registry records, Trades (self-employed or incorporated) who are not liable to create a company website, must include the following on all commercial correspondence documents and trade books;

  • The MERSIS number, if holding one or the trade registry number issued.
  • Trade Name
  • Address and contact details of the head office.

Should the trader fail to display the above said information from 1 January 2014, shall be liable to pay an fine of 2,240₺ for 2014.

II. Traders (self-employed or ıncorporated) who are liable to create an official company website

A. On invoice and invoice supplement documents, they must place;

  • Trade registry number
  • Trade name and head office address
  • Registered website address details

B. On the registered company website, they must publish;

In addition to the trade registry number, trade name and head office address and registered website address details;

CAPITAL STOCK COMPANIES:

All data that is relevant to the company and in which name of CEO and Management Board, paid and unpaid share amounts,

LIMITED COMPANIES:

Names of the managers, paid and unpaid share amounts,

LIMITED LIABILITY COMPANIES DIVIDED BY SHARE:

The names of directors and paid and unpaid share amounts.

For further information please contact:
Asuman Kalkan
Senior Management Consultant
t: +90 216 562 1300-01
e: asuman@yordam.com.tr