Who is affected
| Company type | Old minimum (before 2024) | New minimum (from 2024) |
|---|---|---|
| Limited liability company (Ltd. Şti.) | TRY 10,000 | TRY 50,000 |
| Joint stock company (A.Ş.) | TRY 50,000 | TRY 250,000 |
| Non-public JSC under the registered capital system | TRY 100,000 | TRY 500,000 |
The new amounts were set by Presidential Decree No. 7887 (Official Gazette, 24 November 2023). Companies founded since 1 January 2024 already meet them. The obligation applies to companies incorporated earlier whose registered capital is still below the new minimum.
What happens if you miss the deadline
Under Provisional Article 15 of the Turkish Commercial Code, as amended by Law No. 7511, companies that have not increased their capital to the new minimum by 31 December 2026 are deemed dissolved. Dissolution takes the company into liquidation, which costs far more time and money than a timely capital increase.
How the capital increase works
- Check the numbers. Compare your registered capital with the new minimum and decide the new amount. Many companies increase above the minimum to allow for future needs.
- Choose the source. The increase can be paid in cash by the shareholders, or made from internal resources such as retained earnings or certain reserves shown in the balance sheet, subject to the rules for each source.
- Shareholder resolution. The general assembly (JSC) or the partners’ meeting (LLC) resolves on the increase and the amendment of the capital clause in the articles of association.
- Payment and reports. Cash contributions are paid in; for increases from internal resources, a report confirming the amounts is prepared.
- Registration. The resolution is registered with the Trade Registry Directorate and published in the Trade Registry Gazette.
For foreign-owned companies, allow extra time for powers of attorney, apostilles and bank transfers from abroad. The last weeks of December are busy at notaries and trade registries.
A tax benefit worth knowing
Cash capital increases can earn a notional interest deduction: a share of the interest that would apply to the new cash capital can be deducted from corporate income (50%, or 75% if the capital comes from abroad) for up to five years. If you are increasing capital anyway, a cash increase may reduce your corporate tax.
Frequently asked questions
Does this apply to branches or liaison offices?
No. Branches and liaison offices have no minimum capital requirement.
Can we increase the capital in instalments?
The increase must be resolved and registered by the deadline. Payment rules depend on the company type and the source of the increase; check the requirements for your company before you plan instalments.
We are a foreign shareholder abroad. Do we need to travel?
No. With a notarised and apostilled power of attorney, a local adviser can attend to the resolution and the registration on your behalf.
Increase your capital before 31 December 2026.
Our Legal and Accounting teams check your position, prepare the resolutions and complete the registration, in English.
This page provides general information and is not legal or tax advice. Every situation is different; talk to us before you act.