With the publication of Presidential Decree No. 7887 in the Official Gazette No. 32380 dated 25 November 2023, the minimum capital amounts of newly established joint stock and limited companies were increased.
Thus, the minimum capital amounts for companies have been changed as follows:
- Joint stock companies: 50,000-TL > 250,000-TL.
- Non-public joint stock companies that accept the registered capital system: 100,000-TL > 500,000-TL.
- Limited companies: 10,000-TL > 50,000-TL.
The decree shall be effective from January 1, 2024 and will not affect existing companies whose capital remains below the new amount.
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