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  • Article

    Evaluating Turkey's Medium-Term Plan ("MTP") İn The Context Of ESG

    In the face of global challenges such as climate change and the evolving dynamics of production and consumption patterns brought about by the COVID-19 pandemic, alongside disruptions in energy supply and demand ...
    TurkeyEnvironment
    Gunay Erdogan Attorneys-at-Law
    Gunay Erdogan Attorneys-at-Law
  • Article

    Kredi İşlemlerinde Belge Yükümlülüğü Genişletildi

    Bankacılık Düzenleme ve Denetleme Kurumu, Bankaların Kredi İşlemlerine İlişkin Yönetmelik'te değişiklik ("Değişiklik") yaptı.
    TurkeyFinance and Banking
    Esin Attorney Partnership
    Esin Attorney Partnership
  • Article

    Annulment Of General Assembly Resolutions Of Joint Stock Companies And The Influence Rule

    The shareholders, board of directors, and each member of the board of directors are entitled to challenge the general assembly resolutions, subject to several conditions.
    TurkeyCorporate/Commercial Law
    Erdem & Erdem Law
    Erdem & Erdem Law
  • Article

    Independent Board Members

    Corporate governance principles are essential in order to protect benefits of minority shareholders and investors.
    TurkeyCorporate/Commercial Law
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    Stock Option Plans In Türkiye

    Stock option plans (commonly referred to as Employee Stock Option Plans, or ESOPs) stand out as a tool designed to increase employee loyalty and motivation, while also enabling companies that may not have the means to offer competitive salaries to retain qualified talent within the organization.
    TurkeyCorporate/Commercial Law
    Sadik& Çapan
    Sadik& Çapan
  • Article

    A Quick Guide To Pre-Emptive Rights In Limited Liability Companies Following A Capital Increase

    The pre-emptive right is granted to shareholders to ensure they maintain their proportional ownership following a capital increase. This right safeguards shareholders from potential dilution of their equity...
    TurkeyCorporate/Commercial Law
    CBC Law
    CBC Law
  • Article

    Debt Restriction On Shareholders Of Joint Stock Companies

    For many years, most joint stock companies in Turkey were family owned businesses.
    TurkeyCorporate/Commercial Law
    Kolcuoglu Demirkan Koçakli
    Kolcuoglu Demirkan Koçakli
  • Article

    Obligation For The Attendance Of A Commissar Of Ministry

    The obligation for the joint stock companies to have a Ministry Commissar to attend general assembly meetings was relieved with the New Turkish Commercial Code No.6102.
    TurkeyCorporate/Commercial Law
    Işıkal Law Office
    Işıkal Law Office
  • Article

    The Procedure For Foreign Banks To Open Branches Or Representative Offices In Türkiye

    It is possible for a foreign bank headquartered abroad ("Foreign Bank") to operate in Türkiye by way of opening a branch or a representative office.
    TurkeyFinance and Banking
    Sadik& Çapan
    Sadik& Çapan
  • Article

    Use Of Generative AI Tools In The Workplace: Risks And Governance In Light Of Guidance From The Turkish DPA

    The Turkish Data Protection Authority has published a document titled “Use of Generative AI Tools in the Workplace” on its website, setting out its observations on the key risk areas associated with the use of generative AI tools in business processes, as well as governance approaches that organizations may consider in managing such use.
    TurkeyTechnology
    Hergüner Bilgen Üçer Attorney Partnership
    Hergüner Bilgen Üçer Attorney Partnership
  • Article

    Constitutional Court Annuls The Regime Governing The Exclusion Of Shareholders In Two-Shareholder Limited Liability Companies

    With its decision published in the Official Gazette on 17 March 2026, the Constitutional Court brought renewed attention to a significant issue that had long been overlooked in relation to limited liability companies.
    TurkeyCorporate/Commercial Law
    Gün + Partners
    Gün + Partners
  • Article

    Cumulative Voting In Non-Public Joint Stock Companies

    Following the entry into force of Turkish Commercial Code numbered 6102 ("TCC"), the cumulative voting system is permitted to be practiced in non-public joint stock companies in accordance with art. 434 of the TCC regulating voting rights of the shareholders.
    TurkeyCorporate/Commercial Law
    Erdem & Erdem Law
    Erdem & Erdem Law
  • Article

    OECD's 2025 Insights On Board Responsibilities

    The Organisation for Economic Co-operation and Development ("OECD") defines corporate governance as, "Corporate governance involves a set of relationships between a company's management, its board, its shareholders and other stakeholders."
    TurkeyCorporate/Commercial Law
    Sakar Law Office
    Sakar Law Office
  • Article

    Regulation Pertaining To The General Assembly Of Joint Stock Companies To Be Held Via Electronic Means

    Turkish Commercial Code numbered 6102 (the "TCC") which came into force on 1 July 2012, is designated to meet the needs of the market, to provide compliance with European Union’s regulations in membership stage, to target the transparency.
    TurkeyCorporate/Commercial Law
    Erdem & Erdem Law
    Erdem & Erdem Law
  • Article

    Amendments To The Turkish Commercial Code By Omnibus Law No. 6552

    New regulations are introduced by the 7th paragraph added to Art. 371 concerning the function and scope of the internal directive regulated under Art. 367 TCC.
    TurkeyCorporate/Commercial Law
    Erdem & Erdem Law
    Erdem & Erdem Law
  • Article

    Corporate Governance And Information Technology Going Hand-In-Hand: Turkey’s Impressive Example Of Mandatory E-Voting

    Having an internet connection can now easily mean being an active shareholder who participates and votes at annual shareholder meetings literally from anywhere.
    TurkeyCorporate/Commercial Law
    Hergüner Bilgen Üçer Attorney Partnership
    Hergüner Bilgen Üçer Attorney Partnership
  • Article

    Is Capital Increase A Straight Forward Process?

    Capital increase within Turkish equity companies is considered as a straight forward process, which is actually a complete misperception.
    TurkeyCorporate/Commercial Law
    GSG Attorneys at Law
    GSG Attorneys at Law
  • Article

    Minority Rights Under The Turkish Commercial Code

    Rights of shareholders in joint stock corporations have been relatively improved by the new Turkish Commercial Code.
    TurkeyCorporate/Commercial Law
    Kolcuoglu Demirkan Koçakli
    Kolcuoglu Demirkan Koçakli
  • Article

    New Tender Offer Rules Introduced By CMB

    The Capital Markets Board issued a new set of rules (Tender Offer Communiqué II-26.1) to govern tender offers targeting shares in Turkish public companies.
    TurkeyCorporate/Commercial Law
    Hergüner Bilgen Üçer Attorney Partnership
    Hergüner Bilgen Üçer Attorney Partnership
  • Article

    Overview Of New Corporate Governance Rules

    The new Corporate Governance Communique No. II-17.1, repealing the former communiques has been published by the Capital Markets Board.
    TurkeyCorporate/Commercial Law
    Kolcuoglu Demirkan Koçakli
    Kolcuoglu Demirkan Koçakli

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