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Public offering legislation in Turkey does not prescribe a different process for companies operating in the defense industry.

Since the 1990s, businesses in Turkey were in urgent need of a new Commercial Code redesigning principal business transactions and rationalising corporate legal proceedings.

In the broadest sense, sustainable finance is a financing process sensitive to the principles of environmental, social and corporate governance.

Article 376 of the TCC regulates specific cases of capital inadequacy in joint stock and limited liability companies and requires certain corporate actions to be taken in each case.

On January 13, 2011 the Turkish Parliament adopted the new Turkish Commercial Code ("TCC"), which governs the commercial transactions as well as the formation and governance of companies.

There are two types of limited liability companies under Turkish law, namely, Limited Company and Joint Stock Company.

Joint ventures are never formed with the expectation of problems and failure. That kind of mentality would go against both the spirit of a joint venture and the realities of commercial life. In the early stages, the parties usually share a common, commercial goal, built on a foundation of trust. However, while joint ventures typically begin with high expectations, their long-term success depends less on optimism and but more on how well they are structured from a legal and organizational perspective.

Opening Branch Office in Turkey involves very careful steps under the Turkish regulatory framework. Relevant companies should benefit from a full-fledged legal guidance by Turkish business lawyers.

We think we all know what finance is and what uses it offers. The concept of "sustainability," which was first coined in 80s, focuses on the continuity of production and diversity...

The capital of a joint stock company can be reduced in order to (i) return some of the capital to the shareholders, and (ii) recover the company's loss.

Joint stock companies and limited liability companies in Turkey face a critical deadline of 31 December 2026 to comply with new minimum capital requirements under the Turkish Commercial Code. Companies that fail to complete the required capital increase within this timeframe risk being deemed dissolved, making it essential for businesses to promptly review their capital structures and complete necessary corporate procedures.

The Turkish Code of Commerce ("TCC") Art.509 on dividends provides that, while the dividends can be distributed from net period profits and free reserves, the distribution of "advance dividends" shall be regulated...

In joint stock companies (in Turkish, "anonim şirket"), shareholders convene and adopt resolutions in the form of a General Assembly.

The concept of ESG, which has become an important topic today, refers to the principles of environmental, social and corporate governance.

The new Turkish Commercial Code introduced innovations to the issue of board of directors' liabilities in joint stock corporations.

The managers of limited liability companies are regulated under articles 623 to 630 of the Turkish Commercial Code No. 6102, within the scope of the management and representation of the company.

Regulation on Establishment and Activities of Asset Management Companies and Receivables to be Acquired (‘Regulation') has been published in the Official Gazette numbered 31541...