Exit A Limited Liability Company And Contribution To The Exiting: Limited liability company is the most preferred partnership in Turkey. Facility in the establishment of a company, having a legal entity and as a partnership, being responsible with only assets against the creditors are the main subjects of the company to make it favored. The [...]
Basic Distinctions Between A Joint Stock Company and A Limited Liability Company The following are the major distinctions between joint stock companies and limited liability companies: The minimum number of shareholders required is one for a joint stock company and also for a limited liability company. A limited liability company may not have more than [...]
General Information On Limited Liability Companies A limited company is founded by at least one individual or entity. The upper limit has been determined as 50. There is no nationality requirement for the shareholders. Compared to a joint stock company, a limited liability company has a certain “personal” character. For instance, unlike the joint stock [...]