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Türkiye Extends Minimum Share Capital Increase Deadline to 2027
The deadline for certain existing companies in Türkiye to increase their share capital to the statutory minimum has been extended to 31 December 2027. The Ministry of Trade’s Communiqué, published in the Official Gazette dated 17 October 2026, No. 33403, entered into force on the same date. Which Companies Are Affected? The extension concerns joint stock companies and limited liability companies whose share capital remains below the applicable minimum. It also covers non-publ
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Work Permits in Türkiye: August 2026 Update to Employment and Financial Criteria
An amendment effective from 3 August 2026 may facilitate certain work permit applications in Türkiye by broadening access to an exception from employment and financial adequacy criteria. Who May Benefit? Under Section A/4.1 of the Ministry’s Work Permit Evaluation Criteria, the exception concerns domestic work permit applications for foreigners who have legally stayed in Türkiye for at least one year within the three years preceding the application, under a work permit, resid
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