What are the obligations of board members of an incorporated company for tax debt?

…There is an INCORPORATED company that has a capital of TRY 900.000 and is taken over in July, 2015. TRY 899.999 of this capital belongs to a partner and TRY 1 belongs to the other. The company hasn’t operated since 2015. The principal partner has power of attorney. The shareholder is the vice chairman but he doesn’t have power of attorney. They have debts to the Tax Authority and SSI from previous period. Board of directors had to be renewed 3 years ago. What are the rates of governments debts for these partners? If the shareholder is a partner on paper and wants to transder his shares to the principal partners, what steps he should follow? What will be the situation of debt payment if the partnership ends?
(18.12.2018)

The partners are responsible for the capital they committed to the company. So the authorized member is responsible for representation. We can pay regard to the principal of joint liability within this regard. The responsibilities of the shareholder are limited, so it is possible for the him to leave the company by transferring his shares. My advice is to make the sale in a notary, take the decision of becoming a single-shareholder joint stock company  and register it. Termination of the partnership does not end the board membership. So the board should make a decision and establish a new board to exculpate his responsibilities.

Source :ISMMMO
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