TYPES OF COMPANIES IN TURKEY
According to the Turkish Commercial Law there are five different types of companies in Turkey.
4.Limited Partnership Company
Anonymous company, limited company and limited partnership capital divided into shares companies are. In capital companies, partners are only liable to the company with the capital they have committed.
Ordinary limited partnership and unlimited companies are private companies. Company of partners in sole proprietorships the second degree and unlimited liability principle of debts applies.
The establishment, basic features and operations of these companies are defined in the Turkish Commercial Law No. 6102. About the cooperatives, the Cooperatives Law No. 1163 is primarily applied.
Anonymous companies and limited liability companies are the most common type of company in Turkey. Approximately all 82% of the companies are limited liability companies, 13% joint stock companies and 4% cooperatives. Collective and commandite the total of companies is around 1%.