Joint Stock Company (Special – Public)

Joint Stock Company (Special – Public)

• Establishing this type of company requires at least three individuals or legal entities.
• The partners are responsible for the debt and debt of the company as much as their shares.
• Inequity corporations, the equity should be divided into equal parts, and each of the components of the dividend is called a share.
• Partners do not need to have just one share, but each partner can buy as much as he or she wants.
• According to Turkish Trade Law, General Assembly meetings should be held with representatives of the Turkish Ministry of Commerce.

Corporate companies are divided into two types:

* Private Joint Stock Company: These are companies with a shareholder number below 250.

* Public corporation: There are companies with more than 250 shareholders.