Newly established companies can now make payments to the Competition Authority through the Fee Tracking System. Payment to the Competition Authority for the establishment of new joint stock and limited liability companies, as well as for capital increases, can now be collected through the Fee Tracking System (HTS). The “Communiqué Amending the Communiqué Concerning the Payments to be Made by Joint Stock and Limited Companies in Accordance with Law No. 4054” prepared by the Authority was published in the Official Gazette and entered into force. Previously, the portions of the capital of newly established joint stock and limited liability companies and their increases were collected by the competent units authorized to collect trade registry fees on behalf of the Authority. With the amendment, in cases of company establishment and capital increase made through the Central Registry System (MERSIS), collection can also be made through the HTS operated by the Union of Chambers and Commodity Exchanges of Turkey (TOBB) by using the MERSIS interface. The transfer of payments made through bank and credit card to the Authority’s account and other aspects of the application will be determined by a protocol between the relevant collection unit and TOBB. In the establishment and capital increase procedures, the receipt issued by the HTS containing the company’s trade name, payment amount, and indicating that the money was deposited on behalf of the Authority will be considered. The receipt confirming the payment must be submitted along with other requested documents when applying for registration at the Trade Registry directorates. Registration cannot be completed without payment of the Authority’s share in company establishment and capital increase procedures made through MERSIS. Additionally, the definition of receipt in company payments in the communiqué now includes a document confirming the payment made through HTS using the MERSIS interface. MERSIS and HTS are also defined in the same communiqué.
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