Change of Company Type

A change of type is where a commercial company changes its type and is converted into another company form. In that case only the type changes; the legal personality continues unchanged, under Article 180 of the Turkish Commercial Code. In public procurement, a change of company type matters because of its effect on work experience, balance sheets, turnover and the validity of debarment decisions. The rights and obligations of the company in such situations are frequently encountered in the dispute decisions of the Public Procurement Board.