Legal Processes Regarding Company Management in Turkey: Responsibilities, Rights and Obligations
Company management is of great importance in the business world and is a critical factor for the success and sustainability of companies. Legal processes related to company management in Turkey regulate the rights, responsibilities and obligations of companies and managers. In this blog post, as Karanfiloğlu Law and Mediation, we will provide detailed information on the legal processes related to company management in Turkey and give tips on how companies can take the right steps in these matters.
Legal Regulations Regarding Company Management
Legal regulations regarding company management in Turkey are included in regulations such as the Turkish Commercial Code (TTK) and Capital Markets Law (CMB). These regulations regulate the powers, responsibilities and functioning of company directors and bodies.
Responsibilities and Obligations of Company Managers
According to the TCC and CMB, the main responsibilities and obligations of company managers are as follows:
Managing and supervising the company’s activities
Keeping the company’s accounts, books and reports in an orderly manner
Fulfilling the company’s legal and regulatory obligations
Managing the company’s financial and legal risks
Providing regular information to the partners of the company and interested parties
Identifying and implementing the company’s strategic goals
Rights of Company Managers
Administrators’ rights include:
Directing the company’s activities and making decisions
Making personnel decisions such as hiring, promotion and firing
Setting company policies and procedures
Get professional support in financial and legal matters of the company
Legal Support and Karanfiloğlu Law and Mediation in Company Management
Professional legal support is of great importance in legal processes related to company management. As Karanfiloğlu Law and Mediation, we help companies and managers find correct and effective solutions in these matters.
Our areas of legal support include:
Company establishment and registration procedures
Compliance with the legislation on company management
Preparation of internal policies and procedures
Resolution of partnership and shareholder disputes
Identifying and managing the responsibilities of company executives
Fulfilling the company’s legal and regulatory obligations
Arrangement of working principles of company management and organs
Conclusion
Legal processes related to company management in Turkey regulate the rights, responsibilities and obligations of companies and managers. As Karanfiloğlu Law and Mediation, we attach importance to legal support so that companies can proceed successfully in these processes. This enables companies to comply with legal and regulatory requirements, manage their business more effectively and efficiently, and prevent potential conflicts.
