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Sıkça Sorulan Sorular
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What legislation are the commercial enterprises of foundations or associations subject to?

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Commercial enterprises of associations or foundations in Turkey are subject to all law and legislations that may concern them during their operations. Although the administrative board of association has appointed an executive to the commercial enterprise, it is still responsible for the management and administration of the commercial enterprise. However, a commercial enterprise is subject to followings;

1) Commercial law 2) Law of Obligations 3) Law of Associations 4) Civil Law, in case, the commercial enterprise is affiliated with a foundation 5) Corporate Tax Law 6) Value Added Tax (VAT) Law 7) Labor Law, in case of employment of staff 8) other laws and regulation are in relation with its operational areas (e.g. Ministry of Agriculture in case of food production?

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