• Holding Company Structure under Turkish Law
  • February 16, 2017
  • The term "holding," which is regarded as the framework that consists of more than one corporation, was legally defined as "companies with the sole purpose of joining with other companies" under Article 466(2) in the repealed Turkish Commercial Code numbered 6762 ("rTCC"). There is no definition for holding companies in the Turkish Commercial Code in force, numbered 6102 ("TCC"). A holding is a joint stock company1 as regards its activities, and is engaged, solely, with joining other companies in terms of its subject matter2.