Vertax Consulting | Changing Business Legal Type

A change of type is the transformation of an enterprise from one legal form to another legal form, that is, the emergence of another commercial company with a status and title appropriate to the partnership type, while maintaining its legal and economic continuity.


Today, companies have resorted to type change transactions in order to benefit from the incentives and tax advantages provided to companies of new types, to change their capital responsibility and organizational structure, to increase and diversify their financing opportunities, and type changes made for these and similar purposes have contributed to the increase in capital accumulation and profitability rates of companies.


As Vertax, we offer services within the scope of our company type change service;


Obtaining a request number for company type change from MERSIS and applying to the regional representative office,
Preparation of the petition to be submitted to the Istanbul Chamber of Commerce regarding the change of type of company,
In case the company has a foreign partner, issuance of the establishment notification form,
Preparation of the report in the format requested by the institution regarding the change of company type and submission to the relevant institution,
Assisting in the preparation of the declaration no. 1, which contains the list of property and rights registered to the company changing type,
Assisting in the preparation of the conversion plan to be prepared by the director or directors of the company,
Monitoring the processes of the company’s change of type and informing the company accordingly.

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