Tag: voluntary liquidation Turkey

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 […]
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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