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Implications of the 2025 Decision on Amending the Criteria for Independent Audit in Turkey should be throughly kept in mind by corporate managements.

Incoterms (International Commercial Terms) are the rules that determine the distribution of responsibilities and costs between the parties during the transportation and delivery of goods

Published in the Official Gazette on 25.11.2023, the Presidential Decree No. 7887 dated 24.11.2023, significantly amends the minimum capital requirements for joint stock and limited liability companies in Turkey.

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.

A discussion on the topic of joint ventures under Turkish law.

In other words, if the addressee is communicated through a language that it does not understand, normally, it is not required to have the declaration interpreted.

In this article, we will reveal essential points of establishing and operating a liaison office in Turkey.

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

The available research provides a comprehensive outline of legal requirements of Limited Liability Company formation in Turkey.

The Law on the Protection of Competition ("Law") aims to prevent all kinds of legal transactions and behaviors such as agreements, transactions, mergers, acquisitions, decisions...

Turkey, as an emerging market, has its ups and downs to invest from time to time.

A new omnibus code that amends, amongst others, the Capital Markets Code ("CMC") has been enacted by the Turkish parliament and published in the Official Gazette on 5 December 2017.

As our readers may recall from our previous article dated 21 January 2021, several articles under the Turkish Commercial Code no. 6102 were amended to provide for a notification obligation...

Both joint stock and limited liability companies may distribute advance dividends.

The amendments made to the Law No. 4708 on Building Inspection and the Regulation on Implementation of Building Inspection to eliminate building inspection weaknesses caused by the close commercial ties ...

Since July 2012, business enterprises in Turkey have been legally required to change their longstanding practices due to the recent enactment of two new vital codes.

It is widely recognized that a company has a legal personality that is distinct from those of its shareholders. Accordingly, while doing business with a company, one is not dealing with its shareholders, but with an artificial entity to which the law attributes a separate personality.