Municipalities may carry out joint service projects with the public professional organizations, associations for public interest, foundations exempted from taxation by the Council of Ministers and professional organizations under the Law No. 5362 on Professional Organizations of Tradesmen and Craftsmen dated June 07, 2005.
In Turkey, the companies can be incorporated in accordance with various laws. The companies incorporated according to the Turkish Commercial Code are classified as sole proprietorships and equity companies. On the other hand, the cooperative companies can be specified according to the Cooperatives Law and the ordinary partnerships can be specified according to the Code of Obligations.
On October 6, 2018 Communiqué no 2018-32/51 published in the official gazette and further clarified scope of article 4(g) by amending communiqué no 2008-32/34 regarding decree no. 32 on the protection of the value of Turkish currency.
