Turkey Ltd. Şti. vs A.Ş.

Turkey Ltd. Şti. vs A.Ş.

Legal Entity Comparison

Time of Update: 2026-03-31
Ltd. Şti. is a legal entity in Turkey, with the full name Limited Şirket. It is a type of company with limited liability and a combined ownership structure. Ltd. Şti. does not participate in the market publicly, and requires at least one shareholder and at least one director. Unlike in other countries, in Turkey, Ltd. Şti. does not need to appoint a legal representative, or have a local person serve as director, or require a company secretary. The minimum registered capital is 10,000 Turkish lira, and there is no need for capital verification. However, there must be at least one manager to oversee the company's day-to-day operations.

Turkey Legal Entity Comparison

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Turkey Legal Entity Comparison

Basic Information

Ltd. Şti.
A.Ş.
Ownership:
Consolidated Ownership
Ownership:
Consolidated Ownership
Limited Liability:
Positive
Limited Liability:
Positive
Publicly Participates In Capital Market:
Negative
Publicly Participates In Capital Market:
Positive

Shareholder / Director / Secretary Requirements

Ltd. Şti.
A.Ş.
Requirements For Shareholders:
At least one
Requirements For Shareholders:
At least one
Requirements For Directors ::
At least one
Requirements For Directors ::
At least one
Legal Representative Not Mandatory:
Positive
Legal Representative Not Mandatory:
Positive
Local Directors Not Mandatory:
Positive
Local Directors Not Mandatory:
Positive
Local Secretaries Not Mandatory:
Positive
Local Secretaries Not Mandatory:
Positive

Registered Capital Requirement

Ltd. Şti.
A.Ş.
Minimum Registered Capital Requirement:
10,000 Turkish Lira
Minimum Registered Capital Requirement:
50,000 Turkish Lira
Capital Injection Not Required:
Positive
Capital Injection Not Required:
Positive
Capital Injection Requirement:
N/A
Capital Injection Requirement:
N/A

Memo

Ltd. Şti.
A.Ş.
Memo:
At least one manager is required
Memo:
The text you provided translates to: "A board of directors must be established, and at least one executive director is required."

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TR - Turkey
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