Can business in Turkey change it’s legal entity type?

Indeed, it is possible for a business in Turkey to alter its legal entity type. This transformation encompasses various steps, such as seeking advice from experts, establishing a new entity, moving assets and operations, winding up the old entity, and informing stakeholders. The procedure may differ depending on the existing and intended business structures and legislation. It is essential to seek professional guidance and ensure that all processes are executed accurately to prevent substantial legal and financial consequences.