As G.Saydam & Co family, we not only provide incorporation and consultancy services required on establishing a business in Turkey but also all services you may need on legal counselling and incorporation address.
Intellectual property rights can be contributed as capital in kind. In order to contribute these assets as capital in kind, the subject matter assets should be transferrable and valuable in cash.
Ultra-Vires
In former TCC, corporations could only be authorized to acquire rights and undertake debts provided that conduct their business within the field of business stated in Articles of Incorporation. There is an Ultra Vires doctrine that states that actions taken outside the business matters may be deemed invalid. Ultra Vires doctrine was abolished on June 1, 2012 and actions of companies taken outside the business matters specified in their articles of incorporation will be effective.