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  • Article

    Legislative Proposal Sets Out Restrictions On Profit Distributions By Companies

    As our readers might recall, we have announced via our client alert dated 10 April 2020 that the Ministry of Family, Labor, and Social Services has been working on a draft law aiming to prevent...
    TurkeyCorporate/Commercial Law
    Ersoy Bilgehan
    Ersoy Bilgehan
  • Article

    Liability Of Board Members Without Representation Authority For Social Security Institution Debts

    Liability arising out of the failure to pay the joint stock company's public debts directly belongs to the company itself.
    TurkeyCorporate/Commercial Law
    Gün + Partners
    Gün + Partners
  • Article

    Mezzanine Capital In Turkey; A Breakthrough Growth Or A Simple Alternative In Financing

    Financial system is wide range of new alternative instrument for developing countries and Turkey heads toward new financial system in this regard.
    TurkeyCorporate/Commercial Law
    Herdem Attorneys at Law
    Herdem Attorneys at Law
  • Article

    New Circulars On (I) Subscription Of Receivables As Share Capital Contribution And (II) Quorum For Dismissal Of A Shareholder From The Partnership

    The General Directorate of Domestic Trade ("General Directorate") has recently issued two circulars with respect to the Turkish Commercial Code ("TCC").
    TurkeyCorporate/Commercial Law
    Ersoy Bilgehan
    Ersoy Bilgehan
  • Article

    New Era For Public Companies: Privileges Will Be Abolished In Loss Making Public Companies

    The Capital Markets Board (the "CMB") issued the Communiqué on the Principles of Abolishing Voting Rights and Representation in Board of Directors' Privileges (the "Communiqué").
    TurkeyCorporate/Commercial Law
    Esin Attorney Partnership
    Esin Attorney Partnership
  • Article

    New Regulatory Initiatives Strengthen Corporate Governance

    As the Turkish economy continues to grow and the country transforms itself into a regional economic hub, Turkish companies have already started to invest significant efforts in improving their management structures and strengthening corporate governance.
    TurkeyCorporate/Commercial Law
    Herdem Attorneys at Law
    Herdem Attorneys at Law
  • Article

    Newsletter On Off-Exchange Share Sales In Public Companies

    Turkey's Capital Markets Board has introduced new regulations governing off-exchange share sales by major shareholders of public companies, establishing strict thresholds and requiring CMB approval for transfers exceeding specified limits. These rules impose significant compliance obligations on controlling shareholders and investment institutions, fundamentally changing how large block trades must be structured and executed in the Turkish capital markets.
    TurkeyCorporate/Commercial Law
    Bener Law Office
    Bener Law Office
  • Article

    Provinces Covered By SSI E-Notification Expanded

    The Regulation on "Electronic Notification by the Social Security Institution" has entered into force on 01.10.2022 with the Official Gazette dated 24.9.2021 and numbered 31608 (In Turkish).
    TurkeyCorporate/Commercial Law
    CottGroup
    CottGroup
  • Article

    Recent Amendment To Initial Public Offering Of Non-Public Companies

    On January 26, 2018, Capital Markets Board published a Communiqué numbered VII-128.1.c for the amendment of Article 5/2 of Equity Communiqué numbered VII-128.1, taking effect as from the date it is published in the Official Gazette.
    TurkeyCorporate/Commercial Law
    Eryurekli Law Office
    Eryurekli Law Office
  • Article

    Recent Changes To Turkish Corporate Governance Rules

    Long lasting rules of determining representation powers and bank mandates in corporations i.e joint stock companies (AS), for third party transactions are being re-shaped.
    TurkeyCorporate/Commercial Law
    Ozbek Attorney Partnership
    Ozbek Attorney Partnership
  • Article

    Record Number Of M&A's In Turkey

    The growing economic clout of Turkey has lately been visible on various different fronts. Its high level of GDP growth, low levels of inflation, increasing export capacity and low ratio of public debt are all manifestations of Turkey's economic strength.
    TurkeyCorporate/Commercial Law
    Herdem Attorneys at Law
    Herdem Attorneys at Law
  • Article

    Right To Information And Inspection By The Shareholders In Limited Liability Companies

    The purpose of natural and legal entities in bringing funds into a company is to invest for profit sharing.
    TurkeyCorporate/Commercial Law
    Erdem & Erdem Law
    Erdem & Erdem Law
  • Article

    Ruling By The Turkish Revenue Administration On Whether A Manager Of A Sole Shareholder Limited Liability Company Can Be Entitled To A Fee

    Since the new Turkish Commercial Code has entered into force on July 01, 2012, limited liability companies can now be incorporated with a sole shareholder provided at least one shareholder is among the managers of the company.
    TurkeyCorporate/Commercial Law
    Ersoy Bilgehan
    Ersoy Bilgehan
  • Article

    Secondary Amendments To Turkish Reporting Obligations For Suspicious Transactions

    Turkey's Ministry of Finance ("Ministry") has amended secondary legislation to reflect recent changes to reporting requirements for suspicious transactions.
    TurkeyCorporate/Commercial Law
    Moroglu Arseven
    Moroglu Arseven
  • Article

    Stock Market Directive Enters Into Effect In Turkey As Part Of BISTECH Changes

    The Stock Market Directive ("Directive") outlines the basis and procedures for the Stock Market, incorporated within Borsa İstanbul Anonim Şirketi. The Directive updates the Stock Market's legal framework.
    TurkeyCorporate/Commercial Law
    Moroglu Arseven
    Moroglu Arseven
  • Article

    The Decision Amending The Decision On The Determination Of Companies Subject To Independent Audit

    The Decision Amending the Decision on the Determination of Companies Subject to Independent Audit ("Decision No. 9774") was published in the Official Gazette dated 1 May 2025 and numbered 32887.
    TurkeyCorporate/Commercial Law
    Sakar Law Office
    Sakar Law Office
  • Article

    The Obligation To Keep Commercial Books Not Related To The Accounting Of The Business In Electronic Form Has Been Introduced

    The Communiqué on Keeping Commercial Books Not Related to the Accounting of the Business in Electronic Form ("Communiqué"), which introduces the obligation for commercial...
    TurkeyCorporate/Commercial Law
    Moroglu Arseven
    Moroglu Arseven
  • Article

    Turkey Announces Principles And Procedures For Companies Under Trusteeship Of The Savings Deposit Insurance Fund Due To Alleged Terror Links

    The provisions apply until the end of the investigation and prosecution processes initiated against such companies due to their alleged connection with terrorist organisations.
    TurkeyCorporate/Commercial Law
    Moroglu Arseven
    Moroglu Arseven
  • Article

    Turkish Parliament Considers Legislative Regime For Crowdfunding

    Turkey's parliament is considering a new legislative regime focused on crowdfunding. It is the first time that crowdfunding structures receive specific attention from Turkish legislators. The proposed regime includes definitions, licensing aspects, as well as the roles of various regulators.
    TurkeyCorporate/Commercial Law
    Moroglu Arseven
    Moroglu Arseven
  • Article

    Turkish Parliament Finally Takes Step To Regulate Shopping Malls And Retail Trade

    Turkey’s history of shopping malls go back as early as 1988 and the country saw a shopping mall boom since early 2000s.
    TurkeyCorporate/Commercial Law
    Ersoy Bilgehan
    Ersoy Bilgehan
  • Showing 401–420 of 5459 results

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