Karar Defteri

Karar Defteri or Book of Records has no analogue in other countries. This is one of the main official documents of LLC or Limited Sirket in Turkey. Official collective decisions of the founders are recorded into this book. The decisions may be related to the changes done to the statute documents of the company, changes regarding the volumes of the paid authorized capital, changes regarding the official address of the company, rules of dividing the income, human resources policy etc.

Official decisions of the founders are certified by notary obligatorily. Only, in this case, they have a juridical power.

All collective decisions taken by the founders regarding the shares redistribution or their sale must contain the original signatures of all founders of the company. Such decisions must be further published in the official trade newspaper, only, in this case, the decisions have a juridical force.

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