Turkish law shows perhaps one of the rare examples of three different types of supervision…
The corporation may accordingly be formed in three stages The first stage begins with the preparation of articles of incorporation and ends with the submittance of documents for the approval of the Ministry of Commerce; the second stage is the fulfillment of certain additional formalities and application to the court to obtain the court approval; and, finally, the third stage is the application to the commercial registrar for registration.(1)…
In addition to the supervision done at the end of each of these three stages, there…
The formation formalities differ according to the nature of capital and specifications…
I. THE PERIOD UP TO GRANTING OF PERMISSION BY THE MINISTRY OF COMMERCE :
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