As known, with the Presidential Decree dated 24 November 2023 and numbered 7887 which was published in the Official Gazette on 25 November 2023, i) the minimum principal capital requirement of TRY 50,000.00 for joint stock companies (“JSC”) was increased to TRY 250,000.00, ii) the minimum registered capital of TRY 100,000.00 was increased to TRY