Limited şirketler (limited companies) are a type of business structure in which the liability of the owners is limited to their investment in the company. This means that if the company faces financial difficulties, the personal assets of the owners are generally protected. Limited companies can be owned by one or more individuals and are often preferred for their legal protections and credibility. In Türkiye, limited şirketler are governed by the Turkish Commercial Code. They must be registered with the relevant authorities and adhere to specific regulations, including maintaining proper accounting records and filing annual reports. This structure is popular among small to medium-sized enterprises due to its flexibility and limited liability features.