The Legal 500

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Top-tier recommendations



Within Banking, finance and capital markets, Çaga & Çaga is a third tier firm,

Çaga & Çaga provides financing, restructuring and capital markets regulatory advice. Clients include domestic and international banks and financial institutions. The firm has expertise in Turkish capital markets regulatory matters. Erdem Değerlı is the key contact.

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Within Competition, tier 4

Çaga & Çaga has a strong following in the media and entertainment sector, where it provides both advisory and contentious competition law services. Ömer Yigit Aykan is the main contact.

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Within Corporate and M&A, Çaga & Çaga is a second tier firm,

Çaga & Çaga has broad experience with particular experience in M&A in the media and advertising sector. Erdem Degerli and Duygu Acar are names to note. Sadly, former practice head Barbaros Çaga passed away in 2013.

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Within Dispute resolution, Çaga & Çaga is a second tier firm,

Çaga & Çaga has expertise handling commercial and corporate disputes as well as cases involving tax, intellectual property and air transport issues. The firm has also represented media clients in disputes with the Advertisement Directorate of the Ministry of Industry and Commerce. Erdem Degerli is a key contact. Sadly, Barbaros Çaga passed away in 2013.

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Within Intellectual property, Çaga & Çaga is a third tier firm,

Çaga & Çaga has a strong client following in the media sector and expertise advising on trade marks, licensing and franchise agreements. Ömer Yigit Aykan heads the team.

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Within IT and telecoms, Çaga & Çaga is a third tier firm,

Çaga & Çaga advises technology clients on general corporate and commercial matters. Erdem Degerli is the main contact.

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Within Media and entertainment, Çaga & Çaga is a first tier firm,

Çaga & Çaga’s well-regarded media practice has experience advising clients on investments in the sector, and also advises on advertising regulations. Idil Çaga Degerli, Yusuf Ziya Berk and Erdem Degerli are the key names.

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Within Privatisation, Çaga & Çaga is a third tier firm,

Erdem Degerli is Çaga & Çaga’s main privatisation lawyer. The firm has experience representing clients in disputes with the TPA.

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Within Shipping, aviation and transport, Çaga & Çaga is a first tier firm,

Çaga & Çaga’s strong aviation practice advises on various matters including aircraft leasing contracts, industry M&A and air transport disputes. The firm also represents clients before the regulatory authorities. Erdem Degerli is the key name to note.

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Within Tax, Çaga & Çaga is a second tier firm,

Çaga & Çaga’s broad tax team undertakes advisory work as well as tax litigation. İdil Çaga is the primary contact. Sadly, former practice head Barbaros Çaga passed away in 2013.

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Legal Developments in Turkey

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to

    The (New) Turkish Commercial Code No. 6102 dated July 1, 2012 ('the Law') implemented a number of provisions and brought additional obligations for capital companies. One of such obligations set forth by the Law is the obligation to have a dedicated website. According to Article 1524 of the Law, all capital companies subject to auditing are also required to open a dedicated internet website and publish certain information. 
  • How to Incorporate in Turkey

    Non-resident companies and/or foreign individuals may choose to enter into Turkish market through incorporation of a commercial entity. Find below a summary of relevant information regarding available company types, branches and liaison offices. 
  • Exceptional Work Permits in Turkey

    Exceptional Work Permits in Turkey
  • Squeeze-Out Rights in Groups of Companies under the Turkish Commercial Code

    1. General Overview
  • Obligation to Maintain Company Websites Under The New Turkish Commercial Code

  • Is the assignee bound by the international arbitration clause in case of assignment of receivables?

    One of the common legal transactions in either international or domestic business that is often preferred is the assignment of one or more receivable of the main contract concluded between the original party to a third party assignee. Furthermore, assumming the importance and advantages of arbitration for the original parties of the main contract such as as "neutrality", "cost and speed", "party autonomy", "confidentiality" etc. [1] , this main contract often includes an arbitration clause. One of the significant problems that arises in such case, is whether the assignee shall be automatically bound by this arbitration clause even though nor the assignee neither the debtor expressly approve the transfer of the arbitration clause together with the receivable subject to the main contract, in case of the assignment of such receivable.
  • Employment Termination Based on Economic Reasons in Turkey

    The Turkish Labor Law No. 4857 ('the Law') sets forth the procedures and the circumstances for termination of employment contracts of employees by employers. With the confines of the Law, two separate termination mechanisms, namely rightful (just) termination and termination based on justifiable cause are available.
  • Polish and Turkish Legal Systems for Value Added Tax (VAT)

    The value added tax (VAT), is a type of indirect turnover based tax that is levied during the final phase of the purchaser of the goods and is included in the price of the purchased item or service. Being a turnover tax, VAT is levied at each stage of the production and the distribution process as well. Although liability for the tax rests on the person who supplies or imports the goods or services, the real burden of VAT is borne by the final consumer (shifting feature). This means that such type of tax is characterized by its shift. It is non-cumulative, based on the method of invoice (only Japan is the exception), aimed at entrepreneurs as well. Tax shifting is the most important concept associated with VAT. With the deduction mechanism the difference between the VAT liability of a person on his (their) sales (output VAT) and the amount of VAT, has been already paid by them on his (their) purchases (input VAT). This brief article targets to summarize and compare the VAT systems of Turkey and of Poland with consideration on the general applications of VAT in EU countries. 
  • Recent Changes in Corporate Law

    Stock Corporations Websites
  • New Transportation Law

    Highway Transportation Regulation