COVID-19: The Communiqué on the Procedures and Principles for the Application of Provisional Article 13 of the Turkish Commercial Code - Limitations on Dividend Distribution

The Communiqué on the “Procedures and Principles Regarding the Implementation of Provisional Article 13 of the Turkish Commercial Code numbered 6102” was published in the Official Gazette on May 17, 2020. In accordance with the relevant Communiqué, the procedures, principles and exceptions regarding the limitation of dividend distribution have been determined.

You may find the Communique from the link below and please do not hesitate to contact us if you’d like further information.

https://resmigazete.gov.tr/17.05.2020