Client Alert – August 2013

APPOINTMENT OF INDEPENDENT AUDITORS FOR CORPORATIONS WHICH ARE NOT SUBJECT TO
INDEPENDENT AUDIT

The General Directorate of Domestic Trade (“General Directorate”) has recently issued a circular with respect to the Law on Amendments to the Customs Law and Other Laws and Statutory Decrees (“Law”) dated April 11, 2013 and numbered 6455. This circular was issued since Article 80 of the Law has amended Article 397 of the Turkish Commercial Code numbered 6102 (“TCC”).

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