All posts by tercanhukuk

SUSTAİNABİLİTY AND CORPORATE LAW

Sustainability and Corporate Law According to the regulations within the framework of the Turkish Commercial Code, sustainability refers to the economic continuity of companies. According to the Turkish Commercial Code, “Sustainable Company” means that the business can maintain its existence continuously. However, although there is no general agreement on it, when the concept of sustainability [...]
Read more

Establishing a Company in Turkish Free Zone Article

What is Free Zone? Free zone is a place that is domiciled outside the customs lines of the country and established to develop international trade and technological development and encourage investment and production. This special economic zone provides wide economic incentives through decreasing administrative conditions and lifting trade barriers. Function of the Free Zones? ·         [...]
Read more

The Process Of Application for Operation License

The Process Of Application for Operation License In order to operate in free zones, an Operating License must be obtained from the Ministry of Commerce, Free Zones, Foreign Investment and Services General Directorate. For Obtaining Operation License; From www.ticaret.gov.tr, Free Zone Directorate or Zone Operator/Founder and Operator Company Operating License Application Form and a copy [...]
Read more

COMPANY TYPES UNDER TURKISH COMMERCIAL CODE (TCC)

Company Types under Turkish Commercial Code (TCC) There are corporate and non-corporate forms of companies under the TCC, which states that companies may be established under the following types: Corporate forms Joint Stock Company (JSC) Limited Liability Company (LLC) Although some financial thresholds (i.e., minimum capital) and organs differ from each other, the procedures to be [...]
Read more

TERMINATION OF JOINT STOCK COMPANIES BY JUST CAUSE AND LAWSUIT FOR TERMINATION IN TURKISH LAW

TERMINATION OF JOINT STOCK COMPANIES BY JUST CAUSE AND LAWSUIT FOR TERMINATION IN TURKISH LAW Introduction Termination of joint stock companies by just cause did not regulated in the old Commercial Code No. 6762 but it has entered into Turkish Company Law through Turkish Commercial Code (“TCC”) No. 6102.  The provisions of termination of joint [...]
Read more