Etiket: employee termination liquidation Turkey

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 […]
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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