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Old 12th February 2014, 21:01   #9 (permalink)
Mag
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Re: New Turkish company laws 2014

Quote:
Originally Posted by davem View Post
Same as us, ChristineP. We set up our company in 2007, just to buy a house in Selimiye. Our lawyer and our accountant explained that as the company was classed as "inactive" we did not need to put in any money. I believe the rules changed a few years later for new companies being set up, but were not retrospective for existing companies.
David
Ours was set up in 2005 and likewise we did not have to put in any money. Have never been advised to do so since then, so presume it's due to when it was originally set up.
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