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Home > Current Affairs News > Municipalities and their affiliates now require permission to establish companies

Municipalities and their affiliates now require permission to establish companies

An important step has been taken regarding municipalities and their affiliates with a legal amendment published in the Official Gazette.

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Published: 22.05.2026 01:30 Updated: 22.05.2026 01:30
Municipalities and their affiliates now require permission to establish companies

 With the legal amendment, the establishment of companies or cooperatives and/or becoming a partner in them by municipalities and their affiliates has been made subject to the permission of the President.


News Source: 12punto

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Municipalities President company