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The country’s attorneyship law prohibits foreign law firms from practising Turkish law. Foreign law firms with offices in the country advise on international law, and use co-operation agreements with Turkish law firms to provide clients with Turkish legal representation.

Asli Basgoz is the main contact at White & Case Europe Danismanlik Hizmetleri Avukatlik Ortakligi, which maintains an association with GKC Partners. The firm is able to leverage its international network to handle a broad range of work, particularly structured cross-border transactions. It is particularly noted for its strength in banking, finance and capital markets.

Baker McKenzie is affiliated with Esin Attorney Partnership, combining experience in corporate and M&A, real estate and construction, dispute resolution, competition, banking and finance, and capital markets. Managing partner Ismail Esin has more than two decades of experience, and handles arbitration, litigation, M&A, privatisations and real estate matters.

Dentons has an association with Balcioglu Selçuk Akman Keki and a strong reputation in the energy and finance areas. In a recent highlight, Barlas Balcıoğlu and Tamsyn Mileham advised Crescent Capital on negotiating senior and mezzanine financing agreements in connection with the Clean Energy Transition Fund’s acquisition of Akenerji hydropower project from Akenerji Elektrik Uretim. The EBRD, Bainbridge, Abu Dhabi Commercial Bank and Mitsui & Co Europe are also clients.

Allen & Overy LLP’s Charles Lindsay, who heads the Istanbul office, is experienced in banking and project finance, and has expertise in renewables matters, upstream oil and gas projects, and oil refinery financings. The firm maintains an association with Gedik Eraksoy Avukatlik Ortakligi.

Clifford Chance is in an alliance with Yegin Ciftci Attorney Partnership. Work highlights included advising Qatar National Bank on its $2.9bn acquisition of National Bank of Greece’s stake in Turkey’s Finansbank. The firm also advised the IFC and EBRD on acquiring a minority stake in Odea Bank. Other clients include Pfizer, Standard Bank, Goldman Sachs and Mondelēz International. Itır Sevim-Çiftçi heads the corporate practice.

Curtis, Mallet-Prevost, Colt & Mosle LLP is well known for its arbitration strength, especially in disputes involving CIS countries. Paris-based Peter Wolrich is experienced in investor-state and commercial international arbitrations.

Gide Loyrette Nouel handles corporate and M&A, banking and finance, capital markets, IP, competition and tax matters. Managing partner Matthieu Roy, together with Bulent Ozdirekca of associated firm Ă–zdirekcan DĂĽndar Senocak Attorney Partnership, are known for their strong negotiating skills with Turkish authorities.

Kinstellar Danismanlik Hizmetleri Avukatlik Ortakligi works with CCAO. Onur Taktak leads the practice, which has notable strength in complex finance transactions.

Norton Rose Fulbright draws on a global network to assist clients with M&A, private equity, capital markets, corporate finance and project finance. Ayse Yuksel splits his time between Istanbul and New York. The team has expertise in the telecoms, energy, real estate, consumer goods, and construction industries.

At Türkoglu & Çelepçi in cooperation with Schoenherr, managing partner Levent Celepçi focuses on energy matters. Erhan Türkoğlu handles administrative law, bankruptcy matters and dispute resolution, and Burcu Özdamar is a corporate specialist with particular expertise in the real estate sector.

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Legal Developments in Turkey for Foreign firms


    Ministry of Economy determines certain minimum thresholds for certain products in order to force the exporters to pay higher taxes on the products in customs. In this respect, the Ministry determines the minimum value threshold per each kilogram of the imported product and sets forth that any exports into Turkey that does not meet this minimum value threshold shall be required to obtain a surveillance certificate from the Ministry. This is mainly implemented for tax purposes and to protect the local producers in Turkey. Based on new precedent, it is now possible to reclaim such overpaid tax and expenses. 
    - ADMD Law Office

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