A German investor intends to serve as the company manager of two different limited liability companies operating under the same holding structure in Türkiye. The first company is engaged in manufacturing, while the second is responsible for export operations. The foreign national already holds a valid work permit issued for the first company.
At first glance, it may appear that no additional legal requirements apply because both companies belong to the same corporate group. However, under Turkish work permit legislation, each company is considered a separate employer and a separate legal entity.
Whether the existing work permit is sufficient depends on several factors, including the nature of the foreign national’s responsibilities in the second company, whether they will perform day-to-day management functions, the extent of their authority, and whether they will actively participate in the company’s operations.
If the individual merely attends strategic management meetings and participates in high-level decision-making without being involved in the company’s daily operations, the legal assessment may differ from a situation where they manage employees, sign contracts, oversee business activities, and direct the company’s daily operations.
Aetra Legal Assessment
Holding structures do not automatically create an exception under Turkish work permit regulations. When foreign executives are appointed to positions in multiple companies within the same corporate group, both corporate law and work permit legislation should be assessed together before the appointments become effective.