We consider transferring our joint-stock company to our limited liability company. If the partners in the two companies are the same, I think there is easy merging principle. Five of the seven partners in the joint-stock company are also the partners of the limited liability company. Can we merge two companies through this easy merging system?

The merger is clearly explained in Article 136. It is specified how will it be carried out and what kind of companies can perform, other merging types and required procedures are explained.

Moreover, it is explained in articles 155 and 156 whether your company’s partnership structure is suitable for easy or normal merger or not.

Source: İSMMMO
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither Karen Audit nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.