Tag: liquidator liability Turkey

por lawyerfbc
December 19, 2025

Powers and Liability of Liquidators in Turkey: Critical Practical Points

When a company enters voluntary liquidation in Turkey, control typically shifts from “normal management” to the liquidator. Many shareholders—especially foreign shareholders—assume liquidation is a simple administrative wrap-up. In reality, the liquidator’s decisions determine whether the company exits cleanly or ends up stuck due to creditor disputes, tax/SGK problems, or allegations of improper asset handling. This […]
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por lawyerfbc
December 19, 2025

How to Liquidate a Company in Turkey: A Step-by-Step Guide

Closing a business in Turkey is not as simple as stopping operations. If you want a clean and legally safe exit, you must follow a company liquidation process in Turkey that properly documents the decision to dissolve, appoints liquidators, settles debts, and completes registrations and filings. Foreign shareholders often underestimate how much time and compliance […]
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por lawyerfbc
December 19, 2025

Company Liquidation and Insolvency in Turkey: Liquidation, Bankruptcy, and Concordat

Sooner or later, every business faces a strategic question: continue, restructure, sell—or exit. In Turkey, exiting a company is not “just closing the doors.” The legal route you choose—voluntary liquidation, bankruptcy, or concordat—has different consequences for shareholders, managers/directors, creditors, and ongoing contracts. This article explains company liquidation and insolvency processes in Turkey in a practical, […]
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