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First of all, the legal relations with the Russian entities must be examined as per the sanctions imposed by the European Union, the United Kingdom and the United States of America.

The 0.04% fees paid during company incorporation and capital increases for joint stock or limited companies will now be paid to commercial registries, rather than to the Turkish Competition Authority.

The Federal Trade Commission has taken action to address antitrust concerns arising from a $5.2 billion cash-and-stock agreement between Quantum Energy Partners, a private equity firm, and EQT Corporation...

Significant amendments were introduced to the Communiqué of the Competition Authority on Mergers and Acquisitions Requiring Authorization of the Turkish Competition Board...

The 2024 Merger and Acquisition Outlook Report, which compiles data on mergers, acquisitions, and privatization transactions concluded by the Turkish Competition Authority ("TCA"), has been published.

In December 2021, the Turkish Competition Board (the "Board") approved 23 merger control filings and published 40 reasoned decisions. In all, 2021 was a busy year for merger control activity in Turkey.

Unlike in common-law jurisdictions, the Turkish corporate law does not explicitly recognize shareholders’ agreement ("ShA") in capital companies.

Trade registry directorates and branches of the directorates can be established outside of the city centers.

Significant changes to shareholders' meeting procedures and principles on the attendance of a representative of Ministry of Trade have been introduced.

Turkish corporate law enables foreign entities headquartered abroad to incorporate branch offices in Turkey, even if they do not have any Turkish subsidiary previously established.

Turkish Commercial Code No. 6102, in principle, TCC provides that registered shares may be transferred without being subject to any restrictions.

With the Law on Prevention of Distribution and Financing of Weapons of Mass Destruction numbered 7262, published in the Official Gazette dated 31 December 2020, numbered 31351 ("Law")...

Firms operating in Turkey are now required to disclose their "Beneficial Owner" information. The regulation is in parallel with the global practice.

The BRSA abolished the Regulation on Establishment and Activities of Asset Management Companies and adopted a new regulation titled Regulation on Establishment and Activities of Asset Management Companies and Receivables to be Acquired ...

Article 732 of the Turkish Civil Code stipulates that "In the event that a shareholder of joint ownership sells his/her share in the immovable property to a third party in whole or in part, the other shareholders may exercise the right of pre-emption".

An amendment has been made to the Circular on Capital Movements Article 6 Paragraph 5 via the decision of the Republic of Turkey Ministry of Treasury and Finance dated 04.11.2019 and numbered 468620.

As we are approaching the year end, we would like to draw your attention to the rules for certification of company commercial books.