This blog aims to provide overview for the new Turkish "corporation" which has been redefined by the 2011 Commercial Code. The new corporate culture by default required by the new Law is our main domain surrounded by the implementation of International Financial Reporting Standards for all businesses except for the mom-and-pop shops and International Standards of Auditing for all limited liability companies starting from Jan 1st 2013.
The views here are solely the author's and may not be used for investment and commercial purposes without due care and/or legal and commercial consultation. I hope to provide a general view on the developments in the new Turkish corporate environment to help the interested. Further guidance is definitely recommended in making any type of decisions in or with any corporation or customer in Turkiye and other countries within this context.
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