Simultaneous Capital Decrease and Increase of Joint Stock Company

In addition to the documents required for capital increase;

1-) MERSIS Application

2-) For companies whose amendments to the articles of association are subject to the permission or approval of the Ministry or other official institutions, this permission or approval letter,

3-) A bank letter stating that the increased capital has been paid in full in the case of a capital increase made simultaneously and in the same amount with the capital decrease; in case of a higher capital increase, a bank letter stating that one fourth of the excess amount has also been paid

4-) Notarized minutes of the General Assembly meeting regarding the simultaneous capital decrease and increase (2 copies)

5-) Amendment text of the Company's Articles of Association, including provisions on the simultaneous reduction and increase of the capital

6-) CPA or Certified Public Accountant report on the determination of whether the capital has been paid in full, whether it is not uncovered and the company's equity, or the auditor's report on this determination in companies subject to audit

7-) A report on the reduction of the capital prepared by the board of directors and approved by the general assembly, indicating the reasons for the reduction of the capital, the purpose of the reduction and the manner in which the reduction will be carried out (Article: 80/c of the Trade Registry Regulation)