What is a venture capital investment trust?
Venture capital investment trust is a capital market institution, which is a joint stock company subject to the registered capital system, established or transformed to operate the portfolio consisting of capital market instruments and other assets and rights to be determined by the CMB, and which can engage in other activities permitted in the relevant Communiqué. GSYO is preferred because of its corporate tax advantage.
Companies that participate in many companies in their portfolio as a minority or main shareholder are potential candidates for REIT.
The following services are provided within the scope of the GSYO establishment.
• GSYO transformation/incorporation is a comprehensive and specialized process, starting with the amendment of the articles of association and ending with the public offering.
• Consultancy is given to the company during the GSYO transformation/pre-establishment portfolio creation phase.
• Offers are received on behalf of the Company if requested in areas such as appraisal, independent audit, legal opinion, where outsourcing is required.
• When the optimum structure is created, the relevant applications are made by Bizim Menkul Değerler and the whole process is coordinated.
• The public offering, which is the second step of the process, is carried out by Bizim Menkul Değerler.
GSYO establishment process can vary between 6-12 months depending on the readiness of the companies.