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The Communiqué on Keeping Commercial Books Not Related to the Accounting of the Business in Electronic Form ("Communiqué") was published in the Official Gazette numbered 32813 and dated 14.02.2025...

The cases of the invalidity of General Assembly resolutions are absence, nullity, annulment and provisional ineffectiveness in terms of their legal nature. Determining which of the cases...

Die Beziehungen zwischen herrschendem Unternehmen und abhängigem Unternehmen sind unter dem türkischen Handelsgesetzbuch (THGB") basierend auf den Grundsätzen der Rechenschaftslegung und des Interessenausgleichs geregelt.

In case a legal conflict arises out of a certain agreement, the first thing to do is determining the nature of that agreement in order to specify the applicable statutory provisions.

With the Communiqué on Administrative Fines to be Applied in 2025 According to the Turkish Commercial Code Numbered 6102 ("Communiqué "), the administrative fines stipulated in Articles 33, 38, 51, and 562 of the Turkish Commercial Code have been increased by 49.43%.

Capital reduction is a significant corporate mechanism under Turkish law, employed by companies to realign their financial structure. Among its strategic uses, reducing capital to offset accumulated past losses.

The Union of Turkish Public Notaries issued an information letter on 11 November 2015 regarding implementation of the Communiqué on Commercial Books, which has been published in the Official Gazette on 19 December 2012 by the Ministry of Customs and Commerce as well as the Ministry of Finance.

There are relatively few capital restrictions imposed upon businesses in Turkey, and although the formation procedures can be quite complex, foreigners are allowed to freely invest in businesses and are even allowed to ...

For many years, most joint stock companies in Turkey were family owned businesses.

For many years, most joint stock companies in Turkey were family owned businesses.

The law governing Turkish Insolvency procedures known as the Execution and Bankruptcy Law (the EBL) ("Icra Iflas Kanunu") has in previous years been amended twice and has introduced new procedures for ailing companies. In this article, we will take a look at these procedures.

Employer Fault in Internal Misconduct Under the Economic Crime and Corporate Transparency Act...

The Turkish Court of first instance held that the liability for damages arising from an unfair preliminary injunction (where no infringement was found in the action on the merits)

The new Turkish Commercial Code has provided new rules regarding the corporate structure of limited liability and joint stock companies.

The concept of "physical cash pooling" can be defined simply as a sort of cash balancing transaction that is conducted amongst group companies, through transfer of surplus cash by relevant affiliates ...

The Law on Amendments on Turkish Commercial Code and Certain Laws (the "Law") was published in the Official Gazette dated 29 May 2024 and numbered 32560.

Under the provisions of the Turkish Commercial Code, company directors are required to act diligently and prudently in the performance of their duties relating to company management.

Turkey has taken a series of new measures involving companies and public institutions in the wake of the State of Emergency declared on 21 July 2016.