< Agenda

The Draft Bill of Charitable Foundations Approved In Plenary Session of National Assembly

The draft bill provides that determine the principles and liabilities of General Management and Assembly of Charitable Foundations.

According to the new regulations of the draft bill, the foreigners can establish a foundation in Turkey. They can take positions in administrative bodies of charitable foundations.

During establish a foundation; the administrators have been selected through their own receptions.

The court will determine the least property holdings of the administrators. The people of majority will have to be residing in Turkey who will have a position in charitable foundations

 

Entry Date : 05.03.2007 16:54:06       Print       Send to your friend