Corporations are among the corporate income tax taxpayers, and both the funds established in Turkey and the funds established in other jurisdictions.

The principal distinction between these two categories lies in the fact that, whereas partners in sole proprietorships are personally liable with their entire assets, shareholders in corporations are liable only to the amount of capital they have undertaken.

All employers collect, handle and use employee personal data. Most jurisdictions have laws regulating such collection, handling and use of employee personal data.

In Türkiye, the exhilaration of an M&A deal can tempt parties into progressing prematurely, sometimes before securing the necessary regulatory approvals.

The deterioration of a company’s (namely joint stock companies, limited liability companies and partnerships limited by shares are subject to this provision) financial standing and its legal consequences are governed by Article 376 of the Turkish Commercial Code numbered 6102 (published in the Official Gazette dated February 14, 2011 and numbered 27846 (“TCC”) and the Communiqué on the Procedures and Principles regarding the Implementation of Article 376 of the TCC published in the Of

In commercial practice, pursuant to contractual arrangements between the parties, if one party seeks to ensure a more secure position regarding the performance of the other party's contractual obligations, ...

The due diligence process in mergers and acquisitions is a critical stage in which extensive information and document exchange occurs between the buyer and the target company. The buyer aims to obtain comprehensive data about the target company to make an informed decision regarding the planned transaction and to assess legal, financial, and operational risks.

The analysis below addresses the issue of whether Articles 23/4 and 22/1/d of the Turkey/Italy and Turkey/Spain prevention of double taxation treaties offer a unique opportunity for cross-border financial structuring in relation to dividends, royalties and interest income.

A brief on significant legal developments in Turkey.

In many jurisdictions around the world and in the Republic of Türkiye, stakeholders in the country's economy, particularly credit market participants, are heavily influenced by the insolvency and corporate reorganisation regime in force.

EU Data Act began to apply on 12 September 2025, granting users the right to access, use and share data generated by connected products and related services.

In the last 10 years the major banks in the republic of Turkey have securitised:

The Law On The Right To Obtain Information, no. 4982, has been published in the Official Gazette on 09 October 2003 and will become effective as of 09 April 2004.

The Draft Bill of the Turkish Code of Obligations prepared by a Commission appointed by the Republic of Turkey, Ministry of Justice, to repeal and supersede the current Code of Obligations no. 818, has been presented to the public for comments.

The sample formats of the letters of guarantee enclosed to our "Memorandum on the Communiqué of the Ministry of Finance About Letters of Guarantee" which was originally issued in January 2003 and then revised upon the General Communiqué, no. 15, of the Republic of Turkey, the Ministry of Finance, the Accountancy General Directorate, published in the 1st Repeated Edition of the Official Gazette on February 20, 2004, have been once more replaced by the text formats published in the Official Gazett

The "Law Amending Some Laws", no. 5035, has been published in the Official Gazette on January 2, 2004. The Law no. 5035 contains amendments in two important laws, which may positively affect the credit mechanism of banks. They are briefly reported herein.

As a result of the recent technological developments, the parties resident at different places and jurisdictions may enter into contracts through communication via computer, and the requirement of execution and exchange of such contracts by valid and binding signatures has emerged as an important legal problem of our day, and with a view to harmonizing our national law with the legal practices in various countries and satisfying the needs, an Electronic Signature Law was passed and published in

"Margin Trading", "Short Selling" and "Borrowing and Lending" transactions of Capital Markets Instruments may be undertaken by the I.I.s, who have the authorization certificate for buying and selling of capital market instruments, WITHOUT OBTAINING THE PERMISSION of the Capital Markets Board (the "CMB").

Accounting General Directorate General Communiqué – No. 15" of the Republic of Turkey, the Ministry of Finance has been published in the 1stRepeated Official Gazette on 20 February 2004 and the Communiqué dated 14 January 2003 has been repealed. The Communiqué sets down the principles of Letters of Guarantee to be used for the State-related issues

The housing financing system is poised to play a key role in providing affordable housing to families and to increase real estate development, construction, real estate finance, secondary markets and related sectors in the economy of the Republic of Turkey (“Turkey”).