Short answer
Under the Turkish Commercial Code, the ordinary general assembly of joint-stock and limited liability companies must be convened within the statutory period following the end of each financial year. At this meeting, matters such as the financial statements, the annual report, and profit distribution are discussed. By planning the schedule from the outset, we prevent the liability risks that would arise from exceeding the deadline.
Under the Turkish Commercial Code, the ordinary general assembly of joint-stock and limited liability companies must be convened within the statutory period following the end of each financial year. At this meeting, matters such as the financial statements, the annual report, and profit distribution are discussed. By planning the schedule from the outset, we prevent the liability risks that would arise from exceeding the deadline.
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