Share on LinkedInShare on LinkedIn

ARTICLE · 25 JUNE 2024

Commercial Enterprise Transfer Agreements And Sample Agreement

Many different commercial enterprises such as workplaces, enterprises, branches and companies can be established by entrepreneurs in order to generate commercial profit.

TurkeyCorporate/Commercial Law
Solmaz Law & Consultancy
Solmaz Law & Consultancy
Author LinkedIn connections

1. What is a Commercial Enterprise?

Many different commercial enterprises such as workplaces, enterprises, branches and companies can be established by entrepreneurs in order to generate commercial profit. Although the purpose of all of them is to make a profit, the structure and nature of each of them differ from each other legally. The concept of commercial enterprise is a technical concept and an enterprise that meets certain criteria can be legally qualified as a commercial enterprise. Article 11/1 of the Turkish Commercial Code regulates what should be understood when a commercial enterprise is mentioned in Commercial Law. According to this provision, "A commercial enterprise is an enterprise in which activities aiming to generate income at a level exceeding the limit stipulated for a tradesman enterprise are carried out continuously and independently." As can be seen, a commercial enterprise differs from a tradesman enterprise in terms of commercial

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from