Yatirimcilar icin Yeni Tesvik Paketi Yasa Tasarisi Neler Getiriyor?
Yatirimcilar icin Yeni Tesvik Paketi Yasa Tasarisi Neler Getiriyor?

Türkiye’nin imalat ve ihracat kapasitesini artırmak için özendirilmek istenen yatırım konuları açısından öncelikli yatırımlar anahtar bir öneme kavuşmuş durumda. 2 Ağustos 2016 tarihinde TBMM’ye sunulan “Türkiye Varlık Fonu Kurulması ile Bazı Kanun ve Kanun Hükmünde…

New Regulations & Requirements for Turkish Electronic Communication Service Providers
New Regulations & Requirements for Turkish Electronic Communication Service Providers

Turkey’s Information and Communication Technologies Authority (“Authority”) has received new powers to suspend service providers’ services, make direct auditing and require companies to meet minimum capital thresholds to operate in the market. Turkey has also…

Kentsel Dönusumde Art Niyetli Arsa Malikine Karsi Risk Yönetimi
Kentsel Dönusumde Art Niyetli Arsa Malikine Karsi Risk Yönetimi

Kentsel Dönüşüm Yasası gereğince ‘riskli yapı’ olarak tespit edilip yıkımı sağlanan ve arsa vasfını kazanan taşınmazların, yasada aranan 2/3 arsa payı çoğunluğunun aksine tüm maliklerin mutabakatı ile arsa payı karşılığı inşaat sözleşmesine konu edilmesinden sonra,…

Importance of Notarisation When Acquiring Property
Importance of Notarisation When Acquiring Property

Real Estate properties are all registered and most of the purchasing transactions regarding immovable take place in title registry offices. Since such offices are not the optimum places for the exchange of such high amounts,…

How To Process For The Urban Transformation?
How To Process For The Urban Transformation?

The Law Number 6306 aims to enhance old structures in the cities. It enables property owners to get their apartments rebuilt through cost efficient methods as well as its other conveniences such as rent allowance,…

Legal Aspects of Hotspot Services
Legal Aspects of Hotspot Services

Hotspot is a public internet access provided via wireless local area network. Hotels, restaurants, airports, bus terminals, hospitals are some examples of hotspot areas. Commercial enterprises providing hotspot services to their guests increases every day…

How to Transfer Shares in Turkish Limited Liability Companies
How to Transfer Shares in Turkish Limited Liability Companies

  The transfer of shares, in principle, is subject to the approval of the general assembly. Contrary to joint stock companies, the transfer of shares in limited liability companies cannot be made freely, and is…

New Regulations for Establishing and Operating Shopping Centres in Turkey
New Regulations for Establishing and Operating Shopping Centres in Turkey

Regulations have been introduced in Turkey outlining procedures and principles for opening, operating and inspecting shopping centers, as well as respective duties and responsibilities for owners, management and government agencies. The Regulation on Shopping Centers…

Family Companies & Values in Turkey
Family Companies & Values in Turkey

Family companies are to be integrating family and business both valued among people. In this regard, a specific organization has been formed connecting business effort of the members and ongoing seeking of the family’s welfare…

Number Portability And Service Quality Standards For Fixed Line Services Providers In Turkey
Number Portability And Service Quality Standards For Fixed Line Services Providers In Turkey

The Information and Communications Technologies Authority published three amendment Regulations and Communiqués, collectively amending the regulatory structure in Turkey to be more compatible with the European Union standards. Amendments comprise the number portability, the service…

New Distance Contracts Regulation in Turkey
New Distance Contracts Regulation in Turkey

New Distance Contracts Regulation (DCR) issued on 27.11.2014 according to the new Consumer Protection Law No 6502 and only based on the new rules of the Directive on Consumer Rights (2011/83/EC) will enter into effect…

How to Structure A Franchising Agreement in Turkey
How to Structure A Franchising Agreement in Turkey

Franchise sector in Turkey has been in a rapid growth in the recent years. As of 2014, there were approximately 1850 chain of enterprises in Turkey, 24% of which are foreign trademarks and the number of…

Service Providers Regulation in Turkey
Service Providers Regulation in Turkey

Turkish Electronic Commerce Law defines the service provider as any individual or legal entity performing electronic commerce activity, and the intermediary service provider as any individual and legal entity providing its electronic commerce platform for…

Company Formation In Turkey
Company Formation In Turkey

1. Joint Stock Companies Details 1.1 Shareholders and Capital A minimum of one shareholder is required for formation and continuing existence of a joint stock company. All shareholders may be foreign real persons and/or foreign…

The Cape Town Convention & The Geneva Convention
The Cape Town Convention & The Geneva Convention

The Geneva Convention Before the Cape Town Convention, many nations had adopted the Geneva Convention, which opened for signature in 1948. The Geneva Convention is, in essence, a choice of law treaty. Its working method is displacing existing…

Procedure to Transfer Shares of Limited Liability Companies in Turkey
Procedure to Transfer Shares of Limited Liability Companies in Turkey

Both parties must firstly sign a standard share transfer agreement before a public notary. The notary certifies the contract after obtaining the signatures of the parties. Real persons must present their identification cards/passports and authorized…

Elimination Of Joint Ownership in Turkey
Elimination Of Joint Ownership in Turkey

The main legislation related to the Elimination of Joint Ownership is Turkish Civil Code numbered 4721 (“TCC”). The target by filing the case is to terminate the joint ownership between the owners of a real estate…

Turkey – Commercial Leases Rules
Turkey – Commercial Leases Rules

Commercial real property investments are in rapid increase in Turkey for a decade. 301 shopping centers are operational in Turkey and 95 new shopping centers are expected to be opened. Istanbul’s office market has grown…

Differences Between Joint Stock Company And Limited Liability Company Under Turkish Law
Differences Between Joint Stock Company And Limited Liability Company Under Turkish Law

Two most commonly preferred types of company in Turkey are: “Joint Stock Companies” (“anonim şirket” in Turkish, abbreviated as “A.S.”) and “Limited Liability Companies” (“limited şirket” in Turkish, abbreviated as “Ltd. Sti.”) Both companies are…

How to acquire Turkish Citizenship
How to acquire Turkish Citizenship

You may either acquire Turkish citizenship by birth or after birth. 1. Acquiring Citizenship by Birth: Turkish citizenship law is based primarily on the principle of descent. Turkish descendants may be eligible to acquire citizenship…