The Ministry of Trade has announced that the duration of the special calculation method applied in determining the capital loss or insolvency status of companies has been extended. With the amendment to the communiqué published in the Official Gazette dated October 10, 2026, and numbered 33396, the practice will continue until January 1, 2028.
The regulation aims to limit the impact of certain expense and loss items on company balance sheets in assessments made within the scope of Article 376 of the Turkish Commercial Code No. 6102. Thus, it is intended to prevent companies from appearing to have lost their capital or being insolvent on paper due to exchange rate fluctuations and past period costs.
WHICH ITEMS WILL BE EXCLUDED FROM THE CALCULATION?
With the new extension, all foreign exchange loss differences arising from unfulfilled foreign currency-denominated liabilities will not be taken into account in capital loss or insolvency calculations.
In addition, half of the total rental expenses, depreciation, and personnel expenses accrued in 2020 and 2021 will continue to be excluded from these assessments.
In the ministry's statement, it was noted that with this step, the practice of limiting the impact of certain expense and loss items in assessments regarding the capital structures of companies will be maintained.
With this regulation, it is aimed to contribute to businesses managing their financial situations and continuing their operations in a sustainable structure by ensuring the continuation of the practice of limiting the impact of certain expense and loss items in assessments regarding the capital structures of companies.
The practice is expected to contribute to businesses, especially those whose equity calculations are negatively affected by exchange rate-related losses and past period expenses, managing their financial balances more healthily.
News Source: 12punto
