{"id":3407,"date":"2026-04-15T10:33:50","date_gmt":"2026-04-15T07:33:50","guid":{"rendered":"https:\/\/workon.com.tr\/en\/?p=3407"},"modified":"2026-09-19T18:28:51","modified_gmt":"2026-09-19T15:28:51","slug":"turkish-llc-annual-general-assembly-guide","status":"publish","type":"post","link":"https:\/\/workon.com.tr\/en\/turkish-llc-annual-general-assembly-guide\/","title":{"rendered":"Turkish LLC Annual General Assembly: 2026 Guide"},"content":{"rendered":"<p><strong>Quick answer:<\/strong> A Turkish limited liability company (LLC \/ Ltd. \u015eti.) should hold its ordinary General Assembly <strong>within three months after the end of each financial year<\/strong>. Managers call the meeting, and the standard notice period is at least <strong>15 days<\/strong>, unless the Articles validly extend that period or shorten it to no less than 10 days. Voting thresholds depend on the decision.<\/p>\n<p>This guide explains the <strong>annual General Assembly procedure<\/strong>. For the broader division of powers between shareholders and managers, use <span style=\"text-decoration: underline; color:#000080;\"><strong><a href=\"https:\/\/workon.com.tr\/en\/corporate-governance-turkey-llc\/\">Turkey LLC Corporate Governance<\/a><\/strong><\/span>.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_75 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/workon.com.tr\/en\/turkish-llc-annual-general-assembly-guide\/#Annual_General_Assembly_Timeline\" >Annual General Assembly Timeline<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/workon.com.tr\/en\/turkish-llc-annual-general-assembly-guide\/#What_Is_Usually_on_the_Annual_Agenda\" >What Is Usually on the Annual Agenda?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/workon.com.tr\/en\/turkish-llc-annual-general-assembly-guide\/#Who_Calls_the_Meeting\" >Who Calls the Meeting?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/workon.com.tr\/en\/turkish-llc-annual-general-assembly-guide\/#Single-Shareholder_LLC_Is_a_Meeting_Still_Needed\" >Single-Shareholder LLC: Is a Meeting Still Needed?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/workon.com.tr\/en\/turkish-llc-annual-general-assembly-guide\/#Ordinary_Voting_Rule\" >Ordinary Voting Rule<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/workon.com.tr\/en\/turkish-llc-annual-general-assembly-guide\/#Important_Decisions_Use_a_Higher_Threshold\" >Important Decisions Use a Higher Threshold<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/workon.com.tr\/en\/turkish-llc-annual-general-assembly-guide\/#Who_Cannot_Vote_on_Certain_Matters\" >Who Cannot Vote on Certain Matters?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/workon.com.tr\/en\/turkish-llc-annual-general-assembly-guide\/#Can_Shareholders_Decide_Without_Physically_Meeting\" >Can Shareholders Decide Without Physically Meeting?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/workon.com.tr\/en\/turkish-llc-annual-general-assembly-guide\/#2026_ETDS_Record-Keeping_Point\" >2026 ETDS Record-Keeping Point<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/workon.com.tr\/en\/turkish-llc-annual-general-assembly-guide\/#Proxy_Participation_From_Abroad\" >Proxy Participation From Abroad<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/workon.com.tr\/en\/turkish-llc-annual-general-assembly-guide\/#What_Documents_Should_Be_Prepared\" >What Documents Should Be Prepared?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/workon.com.tr\/en\/turkish-llc-annual-general-assembly-guide\/#Which_Annual_Decisions_Need_Trade_Registry_Filing\" >Which Annual Decisions Need Trade Registry Filing?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/workon.com.tr\/en\/turkish-llc-annual-general-assembly-guide\/#Manager_Release_Ibra_Do_Not_Oversimplify_It\" >Manager Release (\u0130bra): Do Not Oversimplify It<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/workon.com.tr\/en\/turkish-llc-annual-general-assembly-guide\/#Common_Annual_General_Assembly_Mistakes\" >Common Annual General Assembly Mistakes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/workon.com.tr\/en\/turkish-llc-annual-general-assembly-guide\/#Annual_General_Assembly_Checklist_for_Foreign-Owned_LLCs\" >Annual General Assembly Checklist for Foreign-Owned LLCs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/workon.com.tr\/en\/turkish-llc-annual-general-assembly-guide\/#What_Does_the_2026_SMMM_Tariff_Say_About_General_Assembly_Work\" >What Does the 2026 SMMM Tariff Say About General Assembly Work?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/workon.com.tr\/en\/turkish-llc-annual-general-assembly-guide\/#How_Workon_Coordinates_Annual_Corporate_Actions\" >How Workon Coordinates Annual Corporate Actions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/workon.com.tr\/en\/turkish-llc-annual-general-assembly-guide\/#Official_Sources\" >Official Sources<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/workon.com.tr\/en\/turkish-llc-annual-general-assembly-guide\/#Frequently_Asked_Questions\" >Frequently Asked Questions<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Annual_General_Assembly_Timeline\"><\/span>Annual General Assembly Timeline<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Step<\/th>\n<th>General rule<\/th>\n<th>What to check<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Financial year closes<\/td>\n<td>Usually 31 December for calendar-year companies<\/td>\n<td>Whether the company uses a special accounting period<\/td>\n<\/tr>\n<tr>\n<td>Ordinary General Assembly<\/td>\n<td>Within three months after financial-year end<\/td>\n<td>For a calendar-year company, this normally means by 31 March<\/td>\n<\/tr>\n<tr>\n<td>Meeting notice<\/td>\n<td>At least 15 days before the meeting<\/td>\n<td>Articles may extend the period or shorten it to 10 days<\/td>\n<\/tr>\n<tr>\n<td>Post-meeting filings<\/td>\n<td>Only where the decision or transaction requires registration\/announcement<\/td>\n<td>Do not assume every annual resolution must be registered<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<blockquote><p><strong>Key distinction:<\/strong> The annual General Assembly is a corporate-governance requirement. Trade Registry filing is a separate question that depends on what the meeting actually decided.<\/p><\/blockquote>\n<h2><span class=\"ez-toc-section\" id=\"What_Is_Usually_on_the_Annual_Agenda\"><\/span>What Is Usually on the Annual Agenda?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The exact agenda depends on the company, but ordinary annual matters commonly include:<\/p>\n<ul>\n<li>review and approval of annual financial statements;<\/li>\n<li>review of the annual activity report where applicable;<\/li>\n<li>decision on profit distribution or retention;<\/li>\n<li>manager remuneration where relevant;<\/li>\n<li>manager release (ibra) where it is to be considered;<\/li>\n<li>manager appointment or term matters if needed;<\/li>\n<li>other shareholder decisions that belong on that year\u2019s agenda.<\/li>\n<\/ul>\n<p>The meeting should not be used to approve matters that shareholders have not been properly informed about where notice\/agenda rules require advance disclosure.<\/p>\n<div id=\"attachment_3415\" style=\"width: 2058px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-3415\" class=\"wp-image-3415 size-full\" src=\"https:\/\/workon.com.tr\/en\/wp-content\/uploads\/sites\/3\/2026\/04\/preparing-for-a-compliant-general-assembly-meeting-documents.webp\" alt=\"Turkish LLC annual general assembly preparation with financial statements, agenda and meeting calendar\" width=\"2048\" height=\"1365\" srcset=\"https:\/\/workon.com.tr\/en\/wp-content\/uploads\/sites\/3\/2026\/04\/preparing-for-a-compliant-general-assembly-meeting-documents.webp 2048w, https:\/\/workon.com.tr\/en\/wp-content\/uploads\/sites\/3\/2026\/04\/preparing-for-a-compliant-general-assembly-meeting-documents-300x200.webp 300w, https:\/\/workon.com.tr\/en\/wp-content\/uploads\/sites\/3\/2026\/04\/preparing-for-a-compliant-general-assembly-meeting-documents-1024x683.webp 1024w, https:\/\/workon.com.tr\/en\/wp-content\/uploads\/sites\/3\/2026\/04\/preparing-for-a-compliant-general-assembly-meeting-documents-768x512.webp 768w, https:\/\/workon.com.tr\/en\/wp-content\/uploads\/sites\/3\/2026\/04\/preparing-for-a-compliant-general-assembly-meeting-documents-1536x1024.webp 1536w\" sizes=\"auto, (max-width: 2048px) 100vw, 2048px\" \/><p id=\"caption-attachment-3415\" class=\"wp-caption-text\"><em>Prepare the agenda and supporting records before the annual General Assembly notice is sent.<\/em><\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Who_Calls_the_Meeting\"><\/span>Who Calls the Meeting?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Under Article 617 of the Turkish Commercial Code, managers call the General Assembly. Extraordinary meetings can also be called when required by the Articles or circumstances.<\/p>\n<p>For a foreign-owned company, the practical preparation should begin before the formal notice date so that financial statements, proposed resolutions and any shareholder authority documents are ready in time.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Single-Shareholder_LLC_Is_a_Meeting_Still_Needed\"><\/span>Single-Shareholder LLC: Is a Meeting Still Needed?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A single shareholder exercises all General Assembly powers. The Turkish Commercial Code specifically requires the sole shareholder\u2019s General Assembly decisions to be <strong>in writing<\/strong> for validity.<\/p>\n<p>This makes the process simpler, but it does not mean the company should skip documentation. Annual financial approval, profit decisions, manager decisions and other shareholder-level actions should still be recorded in the correct form.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Ordinary_Voting_Rule\"><\/span>Ordinary Voting Rule<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Unless the law or Articles provide otherwise, Article 620 states that General Assembly decisions\u2014including elections\u2014are taken by the <strong>absolute majority of votes represented at the meeting<\/strong>.<\/p>\n<p>This is the default rule. Do not apply it automatically to every major corporate change.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Important_Decisions_Use_a_Higher_Threshold\"><\/span>Important Decisions Use a Higher Threshold<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Article 621 requires a higher threshold for specified important decisions. For those listed matters, the decision generally requires both:<\/p>\n<ul>\n<li>at least <strong>two-thirds of the votes represented<\/strong>; and<\/li>\n<li>the <strong>absolute majority of the entire voting share capital<\/strong>.<\/li>\n<\/ul>\n<p>Examples in Article 621 include changing the company\u2019s business purpose, introducing privileged voting shares and certain restrictions or changes concerning share transfers. Other transactions\u2014such as mergers, divisions, conversions, capital transactions or dissolution\u2014can be governed by additional specific provisions and should be checked under the exact transaction rather than forced into one universal voting table.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Who_Cannot_Vote_on_Certain_Matters\"><\/span>Who Cannot Vote on Certain Matters?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Voting rights can be restricted for conflicts specified by law. For example, Article 619 prevents persons who participated in company management from voting on their own release from liability.<\/p>\n<p>That is why \u201csimple majority\u201d calculations must first identify <strong>which votes are legally entitled to be cast on that agenda item<\/strong>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Can_Shareholders_Decide_Without_Physically_Meeting\"><\/span>Can Shareholders Decide Without Physically Meeting?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Yes, in appropriate circumstances. Turkish company law permits circular decision-making, and the Ministry of Trade has added a MERS\u0130S General Assembly Decision Module for qualifying LLCs.<\/p>\n<p>Under TCC Article 617\/4, a circulation-type decision is available only if <strong>no shareholder requests oral deliberation<\/strong>, and the same proposal must be submitted to <strong>all shareholders<\/strong> for approval. Where all shareholders are natural persons with e-signatures, a shareholder can prepare the draft resolution in MERS\u0130S and circulate it electronically to the other shareholders for their e-signed positions under the applicable procedure.<\/p>\n<p>This is particularly useful when shareholders are in different countries or cities.<\/p>\n<p>Official reference: <span style=\"text-decoration: underline; color:#000080;\"><strong><a href=\"https:\/\/ticaret.gov.tr\/ic-ticaret\/ticaret-sicili\/merkezi-sicil-kayit-sistemi-mersis\" target=\"_blank\" rel=\"noopener\">Ministry of Trade MERS\u0130S guidance<\/a><\/strong><\/span>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"2026_ETDS_Record-Keeping_Point\"><\/span>2026 ETDS Record-Keeping Point<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>For companies whose incorporation is registered from <strong>1 January 2026<\/strong>, the Ministry requires the <strong>share ledger<\/strong> and <strong>General Assembly meeting and negotiation book<\/strong> to be kept through the Electronic Commercial Book System (ETDS). For an LLC, a separate managers&#8217; board resolution book remains optional; if no separate managers&#8217; book is kept, managers&#8217; decisions are recorded in the General Assembly meeting and negotiation book under the applicable framework.<\/p>\n<p>This changes the corporate-record medium, not the substantive annual General Assembly rules. The company still has to apply the correct timing, call or valid circulation procedure, voting threshold and registration consequence for the actual decision.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Proxy_Participation_From_Abroad\"><\/span>Proxy Participation From Abroad<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A shareholder may be represented by another person where the applicable corporate and authority requirements are satisfied. The exact form of proxy authority should be checked for the meeting and the shareholder\u2019s circumstances.<\/p>\n<p>Do not assume that every foreign proxy requires the identical notarisation\/apostille route. The correct route can depend on:<\/p>\n<ul>\n<li>where the document is signed;<\/li>\n<li>whether T\u00fcrkiye and the issuing country use the apostille route;<\/li>\n<li>whether Turkish consular legalisation is used instead;<\/li>\n<li>the wording and scope of the authority;<\/li>\n<li>whether the original or a translated\/notarised version is required for the intended filing.<\/li>\n<\/ul>\n<p>For document preparation, see <span style=\"text-decoration: underline; color:#000080;\"><strong><a href=\"https:\/\/workon.com.tr\/en\/power-of-attorney-turkey-template\/\">Power of Attorney for Turkey<\/a><\/strong><\/span>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Documents_Should_Be_Prepared\"><\/span>What Documents Should Be Prepared?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The exact pack depends on the company and agenda, but a practical annual file may include:<\/p>\n<ul>\n<li>meeting call \/ notice evidence where applicable;<\/li>\n<li>agenda;<\/li>\n<li>shareholder \/ representation information;<\/li>\n<li>annual financial statements;<\/li>\n<li>annual activity report where applicable;<\/li>\n<li>draft resolutions;<\/li>\n<li>attendance or representation records;<\/li>\n<li>signed minutes \/ written decisions;<\/li>\n<li>supporting documents for any corporate change being approved.<\/li>\n<\/ul>\n<p>Not every item is automatically a Trade Registry submission document. The filing pack should be built around the specific transaction.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Which_Annual_Decisions_Need_Trade_Registry_Filing\"><\/span>Which Annual Decisions Need Trade Registry Filing?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Routine approval of annual financial statements does not mean every annual meeting is automatically a registry-change filing. Registry attention is typically triggered when the meeting changes or approves information that must appear in the commercial register.<\/p>\n<table>\n<thead>\n<tr>\n<th>Decision<\/th>\n<th>Registry question<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Approve annual financial statements<\/td>\n<td>Usually an internal annual governance decision; check other filing obligations separately<\/td>\n<\/tr>\n<tr>\n<td>Profit distribution<\/td>\n<td>Generally not a company-data change by itself<\/td>\n<\/tr>\n<tr>\n<td>Appoint\/remove manager<\/td>\n<td>Registration\/announcement requirements can apply<\/td>\n<\/tr>\n<tr>\n<td>Change representation authority<\/td>\n<td>Registration\/announcement normally relevant<\/td>\n<\/tr>\n<tr>\n<td>Amend Articles of Association<\/td>\n<td>Registration is relevant<\/td>\n<\/tr>\n<tr>\n<td>Capital change<\/td>\n<td>Separate statutory and Trade Registry procedure applies<\/td>\n<\/tr>\n<tr>\n<td>Registered address change<\/td>\n<td>Separate MERS\u0130S\/Trade Registry procedure applies<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Do not use a blanket \u201c15 days from every General Assembly decision\u201d rule. Filing deadlines can depend on the particular registered transaction and applicable regulation.<\/p>\n<div id=\"attachment_3416\" style=\"width: 2058px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-3416\" class=\"wp-image-3416 size-full\" src=\"https:\/\/workon.com.tr\/en\/wp-content\/uploads\/sites\/3\/2026\/04\/finalizing-and-registering-your-decisions-turkish-llc.webp\" alt=\"Turkish LLC general assembly minutes and Trade Registry filing documents\" width=\"2048\" height=\"1365\" srcset=\"https:\/\/workon.com.tr\/en\/wp-content\/uploads\/sites\/3\/2026\/04\/finalizing-and-registering-your-decisions-turkish-llc.webp 2048w, https:\/\/workon.com.tr\/en\/wp-content\/uploads\/sites\/3\/2026\/04\/finalizing-and-registering-your-decisions-turkish-llc-300x200.webp 300w, https:\/\/workon.com.tr\/en\/wp-content\/uploads\/sites\/3\/2026\/04\/finalizing-and-registering-your-decisions-turkish-llc-1024x683.webp 1024w, https:\/\/workon.com.tr\/en\/wp-content\/uploads\/sites\/3\/2026\/04\/finalizing-and-registering-your-decisions-turkish-llc-768x512.webp 768w, https:\/\/workon.com.tr\/en\/wp-content\/uploads\/sites\/3\/2026\/04\/finalizing-and-registering-your-decisions-turkish-llc-1536x1024.webp 1536w\" sizes=\"auto, (max-width: 2048px) 100vw, 2048px\" \/><p id=\"caption-attachment-3416\" class=\"wp-caption-text\"><em>Only decisions that trigger a registrable corporate change should be routed into the appropriate Trade Registry filing process.<\/em><\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Manager_Release_Ibra_Do_Not_Oversimplify_It\"><\/span>Manager Release (\u0130bra): Do Not Oversimplify It<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The General Assembly has authority to decide on managers\u2019 release. But \u201cibra\u201d should not be described as an unlimited legal shield that automatically eliminates every possible future claim.<\/p>\n<p>Its effect depends on the facts disclosed to shareholders, the nature of the conduct, applicable law and the rights of parties who are not bound by the shareholder decision. Material liability questions should be reviewed by qualified Turkish legal counsel.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Common_Annual_General_Assembly_Mistakes\"><\/span>Common Annual General Assembly Mistakes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Mistake<\/th>\n<th>Why it causes risk<\/th>\n<th>Better control<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Using the same voting threshold for every agenda item<\/td>\n<td>Important decisions may require a higher statutory threshold<\/td>\n<td>Map each resolution to the applicable TCC article<\/td>\n<\/tr>\n<tr>\n<td>Assuming every resolution needs notarisation and Trade Registry filing<\/td>\n<td>Creates unnecessary cost and incorrect process<\/td>\n<td>Separate internal decisions from registrable transactions<\/td>\n<\/tr>\n<tr>\n<td>Foreign proxy prepared with the wrong legalisation route<\/td>\n<td>Authority document may not be usable<\/td>\n<td>Confirm route before signing abroad<\/td>\n<\/tr>\n<tr>\n<td>Managers vote on their own release<\/td>\n<td>Conflict-voting restriction can invalidate the calculation<\/td>\n<td>Identify voting exclusions before counting votes<\/td>\n<\/tr>\n<tr>\n<td>Annual meeting treated as the only governance event<\/td>\n<td>Corporate changes during the year may remain undocumented\/unregistered<\/td>\n<td>Maintain an event-driven governance calendar as well<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Annual_General_Assembly_Checklist_for_Foreign-Owned_LLCs\"><\/span>Annual General Assembly Checklist for Foreign-Owned LLCs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Confirm the financial-year end and three-month ordinary meeting window.<\/li>\n<li>Prepare annual financial information and proposed agenda.<\/li>\n<li>Check the Articles for notice rules and special voting provisions.<\/li>\n<li>Issue the meeting notice using the correct timing and method.<\/li>\n<li>Prepare proxy\/authority documents for shareholders abroad if needed.<\/li>\n<li>Identify ordinary vs important decisions and any voting exclusions.<\/li>\n<li>Record the meeting or written\/circular decisions correctly.<\/li>\n<li>Identify which approved transactions actually require MERS\u0130S\/Trade Registry action.<\/li>\n<li>Send accounting\/tax consequences to the licensed SMMM\/CPA workflow separately.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"What_Does_the_2026_SMMM_Tariff_Say_About_General_Assembly_Work\"><\/span>What Does the 2026 SMMM Tariff Say About General Assembly Work?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The 2026 SMMM professional-fee tariff contains separate General Assembly professional-service references. In the Istanbul\/highest band, the tariff lists <strong>TRY 13,680 for an announced General Assembly<\/strong> and <strong>TRY 6,830 for a General Assembly without announcement<\/strong>, subject to the tariff category and actual professional scope.<\/p>\n<p>These are <strong>minimum\/professional SMMM tariff references<\/strong>, not the total cost of holding a meeting. They do not automatically include Trade Registry\/Gazette charges for registrable decisions, notary\/translation\/legalisation, legal drafting, foreign proxy work or Workon coordination. Whether the announced or unannounced category applies must be confirmed for the actual meeting and filing route.<\/p>\n<p>For future annual updates, verify the current year through the <a href=\"https:\/\/ismmmo.org.tr\/Uye\/Mesleki-Ucret-Tarifeleri--2379\" target=\"_blank\" rel=\"noopener\" style=\"color:#000080;\"><strong>\u0130SMMMO Professional Fee Tariffs archive<\/strong><\/a> and the corresponding T\u00dcRMOB \/ Official Gazette tariff.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_Workon_Coordinates_Annual_Corporate_Actions\"><\/span>How Workon Coordinates Annual Corporate Actions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Workon coordinates corporate-change and operational workflows for foreign-owned Turkish companies. Depending on the agreed scope, this can include document sequencing, General Assembly preparation coordination, foreign power-of-attorney workflows and MERS\u0130S\/Trade Registry coordination for registrable changes.<\/p>\n<p>Legal advice, dispute analysis and legal drafting that constitute regulated legal services are handled by appropriately licensed lawyers. Tax and statutory accounting matters are handled by licensed SMMM\/CPA professionals.<\/p>\n<p><span style=\"text-decoration: underline; color:#000080;\"><strong><a href=\"https:\/\/workon.com.tr\/en\/company-registration\/\">Review Workon\u2019s company and operational coordination services<\/a><\/strong><\/span>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Official_Sources\"><\/span>Official Sources<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><a href=\"https:\/\/www.ticaret.gov.tr\/ic-ticaret\/sikca-sorulan-sorular\/sirketler\" target=\"_blank\" rel=\"noopener\">Ministry of Trade: Company Law FAQs<\/a><\/li>\n<li><a href=\"https:\/\/ticaret.gov.tr\/ic-ticaret\/ticaret-sicili\/merkezi-sicil-kayit-sistemi-mersis\" target=\"_blank\" rel=\"noopener\">Ministry of Trade: MERS\u0130S<\/a><\/li>\n<li><a href=\"https:\/\/ticaret.gov.tr\/data\/5d419b8013b87639ac9e00cd\/17d7c7108dae78d14a3f220b519f98f6.pdf\" target=\"_blank\" rel=\"noopener\">Turkish Commercial Code<\/a><\/li>\n<\/ul>\n<p><em>Last reviewed: 17 September 2026. This article provides general corporate-governance information and does not replace case-specific legal or tax advice.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span>Frequently Asked Questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>[clicksus-faqpage]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Quick answer: A Turkish limited liability company (LLC \/ Ltd. \u015eti.) should hold its ordinary [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3414,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","clicksus-faqpage":{"Sorular":[{"Soru":"When must a Turkish LLC hold its annual general assembly?","Cevap":"A Turkish LLC must usually hold its annual general assembly within three months after the end of the fiscal year. For companies using the calendar year, this usually means the meeting should be held by 31 March."},{"Soru":"What documents and records are needed for a Turkish LLC annual general assembly?","Cevap":"The exact file depends on the agenda and decision route, but it commonly includes the agenda, call evidence where required, annual financial information, draft resolutions, shareholder or proxy records and signed minutes or written decisions. For companies registered from 1 January 2026, the share ledger and General Assembly meeting and negotiation book are kept through ETDS. Not every annual document is automatically a Trade Registry submission document."},{"Soru":"Can a foreign shareholder attend a Turkish LLC general assembly by proxy?","Cevap":"A foreign shareholder may appoint a representative where the meeting and authority requirements are satisfied. Confirm the required scope, signing route, authentication and Turkish translation for the particular document. Apostille, consular and other accepted routes depend on the issuing country and procedure; they are not interchangeable universal requirements."},{"Soru":"Can Turkish LLC shareholders decide without a physical meeting?","Cevap":"Yes, in the circumstances allowed by TCC Article 617\/4. A circulation-type decision requires that no shareholder request oral deliberation and that the same proposal be submitted to all shareholders. For qualifying LLCs whose shareholders are all natural persons with e-signatures, MERSIS also provides an electronic General Assembly Decision Module."},{"Soru":"What voting majority is required in a Turkish LLC general assembly?","Cevap":"For ordinary matters, decisions are generally taken by the absolute majority of votes represented, unless the law or articles require otherwise. Important decisions and specific transactions can use higher or separate thresholds, so do not apply one majority rule to every agenda item."},{"Soru":"What happens after the annual general assembly of a Turkish LLC?","Cevap":"Record the meeting or written decision in the company's applicable corporate-book system and identify whether any approved item creates a separate MERSIS or Trade Registry filing. Routine annual approvals do not automatically require registration; manager, representation, articles, capital or address changes can trigger their own filing rules and deadlines."}],"Ayarlar":{"mikridata_aktif":true}},"_yoast_wpseo_title":"","_yoast_wpseo_metadesc":"","_yoast_wpseo_focuskw":"","rank_math_title":"Turkish LLC Annual General Assembly: 2026 Guide","rank_math_description":"Learn Turkey LLC annual General Assembly rules: three-month timing, notice, voting thresholds, circular decisions, proxies and registry filing triggers.","rank_math_focus_keyword":"Turkish LLC annual general assembly"},"categories":[2],"tags":[],"class_list":["post-3407","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"_links":{"self":[{"href":"https:\/\/workon.com.tr\/en\/wp-json\/wp\/v2\/posts\/3407","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/workon.com.tr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/workon.com.tr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/workon.com.tr\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/workon.com.tr\/en\/wp-json\/wp\/v2\/comments?post=3407"}],"version-history":[{"count":6,"href":"https:\/\/workon.com.tr\/en\/wp-json\/wp\/v2\/posts\/3407\/revisions"}],"predecessor-version":[{"id":6351,"href":"https:\/\/workon.com.tr\/en\/wp-json\/wp\/v2\/posts\/3407\/revisions\/6351"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/workon.com.tr\/en\/wp-json\/wp\/v2\/media\/3414"}],"wp:attachment":[{"href":"https:\/\/workon.com.tr\/en\/wp-json\/wp\/v2\/media?parent=3407"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/workon.com.tr\/en\/wp-json\/wp\/v2\/categories?post=3407"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/workon.com.tr\/en\/wp-json\/wp\/v2\/tags?post=3407"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}