With both financial and real estate markets currently booming in Turkey, corporate lending institutions are keenly looking to lend funds to entrepreneurs and private investors (local and foreign) to buy and/or develop real estate projects. However, they obviously need security for such loans and the first preference is to place a mortgage on real property owned by the borrower.

A few years ago, the Turkish Capital Markets Board (the “CMB”), the independent governmental authority regulating and monitoring the capital market activities in Turkey, prepared a bill amending the existing Law on Capital Markets No. 2499.

1 Mayıs 2025 tarihli, 9774 sayılı Cumhurbaşkanı Kararı yayımlandı.

A foreign creditor has the right to start a lawsuit or an enforcement action against a debtor in Turkey even if there is no reciprocal agreement between Turkey and the creditor’s own jurisdiction.

Similar to the trend in other parts of the globe, the need for expertise in extremely fast developing information technology as well as cost efficiency concerns have increased the number of financial institutions in Turkey willing to outsource their financial services. Foreign investments in the Turkish banking and financial system can also be deemed as a supporting element increasing this trend. Foreign investors would like to set-up outsourcing arrangements in Turkey similar to those set up in

It is important to note that internal investigation is a dynamic and multidimensional concept that has been defined many times, although there is no single and precise definition.

Pursuant to Article 1524 of the Turkish Commercial Code ("TCC") which was enacted in 2012, companies that are subject to independent audit are required to not only set up a website...

This is the September 2007 edition of our email news service – The Turkish Update – which is issued every month. Our aim is to provide a concise and easy-to-read summary of developments in Turkey.

The Regulation on Trade Repositories' Operation, Practice and Audit Principles was published in Official Gazette number 30540 on 19 September 2018.

Kurumlar Vergisi Kanunu'nun "Diğer İndirimler" başlıklı 10. maddesinde "Finans, bankacılık ve sigortacılık sektörlerinde faaliyet gösteren...

The procedures and principles on the companies subject to independent audit as per the article 398 of the Turkish Commercial Code numbered 6102 and dated January 13, 2011 have been redetermined.

The Ministry of Culture and Tourism ("Ministry") published the Regulation on Regulating the Activities Regarding the Renting of Residential Properties for Tourism Purposes ("Regulation")...

The Communiqué Amending the Corporate Tax General Communiqué (Serial No. 1) ("Communiqué"), explaining the implementation of the financing expense deductions limitation ("Limitation")...

The said decision came into effect on April 6, 2024, and will be applied in subsequent fiscal periods, including the fiscal period starting on January 1, 2024.

Pursuant to Article 397 of the Turkish Commercial Code numbered 6102, the Council of Ministers designates companies that shall be subject to compulsory independent audit.

Yevmiye defteri ve yönetim kurulu karar defterinin kapanış tasdiklerinin yapılması zorunludur.

The primary purpose of tax law is to ensure that the state generates income to finance public expenditures.

Article 57 of the Turkish Civil Code ("TCC") states that everyone has the right to establish an association without prior permission and that the founders of an association must have the capacity to act.

The confidentiality obligation is drafted similarly to Article 73 of the Law. Accordingly, bank and client secrets will not be disclosed to anyone except those legally authorized.