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Financial developments and promising financial and technological progresses in energy, tourism and infrastructure have attracted foreign investors' interest.

A new text was published regarding the criminal liability of the board of directors members which classifies the type of penalties under the following headings: administrative fines, judicial fines and prison sentence.

The Law on Amending the Turkish Commercial Code and Certain Laws was published in the Official Gazette dated 29.05.2024.

The Law on the Prevention of the Financing of the Proliferation of Weapons of Mass Destruction No. 7262 (the "Law No. 7262") was published in the Official Gazette No. 31351 on December 31, 2020.

Limited liability companies are managed by their board of directors. As per the Turkish Commercial Code No. 6102, the board of directors is composed of at least one director, who could be a Turkish or a foreign real person or legal entity, ...

The year 2011 was introduced as a "revolution year" in Turkish commercial life since the new commercial law was expected to regulate from A to Z in commerce however during the time elapsed several amendments and changes in effectiveness of the particular provisions manifested the realities of daily business life.

The persons who have the responsibility to manage a company are obliged to explain and account for their managerial activities throughout the year to the general assembly of shareholders at the end of each fiscal year.

The new Turkish Commercial Code (NTCC) No. 6102 will enter into force on July 01, 2012.

This guide explores capital reduction under Türkiye's Commercial Code, covering essential regulations, procedural steps, and strategic benefits.

The following amendments were made to the Turkish Commercial Code with the Prevention of the Financing and Propagation of Weapons of Mass Destruction Legislation Numbered 7262 published in the Official Gazette dated December 31st 2020;

The amendment of the Articles of Association requires that amendments to the articles of incorporation or the addition of new provisions or the complete, partial removal of existing provisions are made.

Companies, regardless of their types and sizes, often need to appoint individuals other than their board members, to perform certain tasks arising from their day-to-day operations...

Turkish Commercial Code No. 6102 is different from the former Turkish Commercial Code by specifically regulating the invalidity of the decisions of the board of directors.

Both JS and LTD companies can be established with a single (or more) shareholder.

BoD has duties and responsibilities to treat shareholders equally who are in equal status.

In terms of Turkish corporate law perspective, different types of privileges may be granted to certain shares during drafting the articles of association...

With the Law no. 7511 Amending the Turkish Commercial Code and Certain other Laws (the "Amendment Law"), which entered into force after being published in the Official Gazette dated 29.05.2024...