Commercial Law FAQ
How much capital is required to establish a company?
Minimum 10,000 TL for limited company, 50,000 TL for joint stock company is required.
How long does company formation take?
If all documents are ready, a company can be established within 3-5 business days.
I can't agree with my partner, what should I do?
First try negotiation and mediation. If you don't get results, you can file a partnership withdrawal lawsuit.
My competitor is engaging in unfair competition, what can I do?
Collect evidence and file an unfair competition lawsuit. You can request a temporary injunction.
My company can't pay its debts, should I go bankrupt?
You can restructure your debts with a concordat application and avoid bankruptcy.