Liquidation of Dormant Company (Deemed Dissolution) in 2024

On October 10, 2024, a public notice was published in the official gazette for stock companies that have not been registered (updated) for 12 years or more. If your company falls under this category, you are required to file an application for registration or a notification to the effect that your business has not yet been discontinued by December 10, 2024. If these procedures are not taken, the subject company will be registered as a “deemed dissolved”.