13.12.2017
DO FOREIGN NATIONAL SHAREHOLDERS AND BOARD MEMBERS NEED TO OBTAIN WORK PERMITS?
In accordance with the Turkish Trade Law numbered 6102:
1- The manager of limited companies who are shareholders,
2- Board member who is a shareholder of a joint-stock company,
3- Limited partnership in which the capital is divided into shares, the active partners who are managers can work with a work permit.
In accordance with the Turkish Trade Law numbered 6102:
1- Board members of joint-stock companies who don’t reside in Turkey,
2- The partners of other companies who are not managers are evaluated in the scope of work permit excemption.
Source: Ministry of Labor and Social Security
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither Karen Audit nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
