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…

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…

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…

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…

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…

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…

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…

Amendments of Independent Audit Criteria in Turkey
Amendments of Independent Audit Criteria in Turkey

The Council of Ministers’ Decree on Determination of the Companies subject to Independent Audit (the “Decree“) has been amended on 14 March 2014, being effective as of 1 January 2014 and the scope of the…

Liason Office Foundation in Turkey
Liason Office Foundation in Turkey

Foreign registered companies planning to invest in Turkey should establish liaison offices that are regulated by the Regulation for Implementation of Foreign Direct Investment Code (“the Regulation”) before they investment to promote their commercial activities,…

Mandatory Tender Offer Launch in Turkey to Purhase Shares
Mandatory Tender Offer Launch in Turkey to Purhase Shares

The shareholders of public companies may either voluntarily offer to purchase the shares of the minority shareholders or under certain circumstances, they are obliged to make mandatory tender offers (the “MTO”) to purchase the same….

Equity Offerings in Turkey
Equity Offerings in Turkey

The Capital Markets Law No. 2499 (“Former CML”) replaced at the end of 2012 by the new CML No. 6362 (“CML” or “Law”) and it was published in the Official Gazette on 30 December 2012….