Date: 22 September 2011

Publication: Memorandum on the Use of Internet Websites by Joint-stock Companies

Publishers: Pekin & Pekin Advisory Department

The latest memo in the series concerning the introduction of the new Turkish Commercial Code in July 2012.

Prior to the introduction of the new Turkish Commercial Code ("TCC"), institutions and organisations, which sought to exploit advantages opened up by modern technology, had already enhanced their communication capabilities by setting up and operating their own internet websites, strengthened their relationship with the public and become accustomed to the comfort and convenience brought by the internet. It was also considered customary for public institutions to expect society to overcome some hurdles with respect to accessing information.

The Turkish Code of Obligations ("TCO") and the TCC have been rewritten stipulating that capital stock companies are obliged to have a website open to the public and setting-out which information should be made readily available. This memo discusses the various regulations that set out the requirements for public disclosure on internet websites.

If you are interested in this publication please contact Charlotte McCrudden for more information via This e-mail address is being protected from spambots. You need JavaScript enabled to view it