Skip to main content

Command Palette

Search for a command to run...

The Electronic General Assembly System (e-GKS): A Modern Solution for Corporate Governance

The Electronic General Assembly System (e-GKS): A Modern Solution for Corporate Governance

Published
3 min readView as Markdown
The Electronic General Assembly System (e-GKS): A Modern Solution for Corporate Governance
M
I’m Evren ozmen, a CPA based in Istanbul, advising remote workers, freelancers, and international founders on Turkish tax and cross-border structuring. I focus on practical tax strategies around: 100% service export income deduction Tax residency in Turkey Company formation for foreigners Remote work and international income I break down complex tax rules into clear, actionable guidance — without losing the legal and compliance reality behind them. info@ozmconsultancy.com 🇹🇷 Türkiye genelinde; yazılım ve dijital ürün geliştiren şirketler, yurt dışına uzaktan hizmet sunan profesyoneller, Teknopark firmaları, oyun stüdyoları ve mobil uygulama şirketlerine Türkçe ve İngilizce mali ve vergisel danışmanlık hizmetleri sunuyoruz. 📘 Insights & Publications: https://medium.com/@evrenozmen 📩 For Online Tax Advisory & Accounting Services/Danışmanlık-Mali Müşavirlik Hizmetleri: info@ozmconsultancy.com

The Electronic General Assembly System (e-GKS): A Modern Solution for Corporate Governance

In accordance with the Turkish Commercial Code No. 6102, companies engaged in capital market activities, especially joint-stock companies (Anonim Şirketler), are required to use the Electronic General Assembly System (e-GKS) for holding their general assembly meetings. For publicly traded companies, this system is mandatory, while for other companies, it remains optional. This system, developed by the Central Registry Agency (MKK), offers a significant technological advancement by enabling shareholders to participate in meetings electronically and exercise their shareholder rights remotely.

Key Features and Developments in e-GKS:

  • Web-Based Access: The e-GKS is now accessible directly via a web browser, eliminating the need for an application. This means shareholders can participate in general assembly meetings from anywhere with internet access.

  • User-Friendly Interface: The system has been simplified and streamlined, with an intuitive interface for both company representatives and shareholders. This makes navigation easy and efficient, ensuring a seamless experience for all users.

  • Secure Authentication: Access to the system is available through Electronic Signatures and Mobile Signatures, providing a secure and reliable way for users to authenticate their identity when participating in meetings.

  • Clear and Accessible Guidance: The MKK has provided a clear and easy-to-follow user guide for both companies and shareholders. The guide is designed to ensure smooth operation of the system and help users navigate through the process effortlessly.

Advantages of the Electronic General Assembly System (e-GKS):

  1. Accessibility Anywhere, Anytime: With e-GKS, shareholders can attend meetings without the need to be physically present. As long as there is internet access, they can join from any location.

  2. Enhanced Security: The system ensures secure participation through electronic and mobile signatures, safeguarding the integrity of the process.

  3. Efficiency and Convenience: The system simplifies the process of voting, approving decisions, and managing shareholder rights, making corporate governance more efficient and transparent.

  4. Cost-Effective: By eliminating the need for physical meetings, companies save on travel, logistics, and administrative costs.

A Step Forward in Corporate Governance

The e-GKS system is a groundbreaking innovation that brings corporate meetings into the digital age. It offers significant advantages in terms of accessibility, security, and efficiency. This is especially crucial for companies that need to ensure shareholder participation in decision-making processes while minimizing logistical challenges.

The improvements made to e-GKS, including simplified web access, mobile signature integration, and user-friendly interface design, are commendable. These advancements have been developed with the needs of companies and shareholders in mind, offering an easy-to-use and secure platform for all involved.

As technology continues to shape business practices, the e-GKS is an essential tool for modernizing general assembly meetings, ensuring that companies comply with regulations while offering shareholders the convenience and flexibility they need.

Reach us for more information

info@ozmconsultancy.com