Publications

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 [...]

Obligations of Data Controller? What is Data Controller? In the Personal Data Protection Law No. 6698 (“PDPL”), the data controller is defined as “the natural or legal person who determines the purposes and means of processing personal data and is responsible for the establishment and management of the data recording system”. In this article, the [...]

Our Future with Renewable Energy The need for energy, which continues to increase day by day, leaves us dependent on limited and non-renewable fossil fuels. Aside from the limitedness of these resources, chemicals are released that will harm the atmosphere and our world as a result of their use. At this point, the historical development [...]

ACQUISITION OF TURKISH CITIZENSHIP Citizenship is a difficult concept to define in terms of keeping it dynamic and alive in the changing world order. The concept of "citizenship", which expresses the political and legal relationship between the person and the state, has become the agenda with the dynamism of migration movements due to the weakening [...]

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? ·         [...]

Advantages of Our Free Zones Oppurtunity to benefit from Tax Advantages for Manufacturer Users The profits of the goods that are being produced by the Users who operate  in the scope of Manufacturing based Operating License are exempt from Income and Corporate tax until the end of the year that covers the occurance of European [...]

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 [...]

TURKISH CITIZENSHIP BY AN INVESTMENT If you want to obtain a Turkish citizenship and want to make investments as an international advisory and law firm, we advise and assist our clients on Turkish Citizenship by Investment. Turkey announced its citizenship by investment programme by granting residency, citizenship and a second passport to applicants. Our legal [...]

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 [...]

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 [...]

Consumer Rights with regard to Package Tours under Turkish Law 1- What is the package tour contract? It is a contract which everything is included at the price and the service covers more than twenty-four hours or includes overnight accommodation and which there are at least two of the transport, accommodation or other tourism services( [...]

ACQUIRING PROPERTY IN TURKEY • When it comes to buy a property in a foreign country it seems complicated but with a proper legal consultancy you can make the easiest purchase. • Finally sign the official contract issued by the Directorate of Land Registry for the sale, under the presence of the public officer, and [...]

FREE ZONES IN TURKEY Definition of Free Zone Free Zones are defined as fenced-in areas in which special regulatory treatment exists for the operating users in order to promote exports of goods and services. Free zones offer more convenient and flexible business climate in order to increase trade volume and export for some industrial and [...]

How Coronavirus Pandemic Could Expand China's Footprint In Turkey[1] Turkish President Recep Tayyip Erdogan and Chinese President Xi Jinping are pictured in Beijing in July 2019 (AFP) Ankara's relations with Beijing, frosty for decades, have improved rapidly in recent years as Turkey has gravitated away from its Nato partners In 2019, China extended a $1bn [...]

Turkish Inheritance Law- Summary Status of Adulterines (illegitimate child)? The adulterines have the same status as the children born in legitimate marriage in certain circumstances.  The Title by Descents of Alive Spouse? Title by descents of alive spouse is determined in accordance to other inheritors’ status.  Inheritance Tax? Any immovable property of the deceased person [...]

The Law No. 7194 on Digital Service Tax and Amendment of Certain Laws and Law Decree No. 375 ("Law"), published on the Official Gazette dated December 7, 2019 and No. 30971, (https://www.resmigazete.gov.tr/eskiler/2019/12/20191207-1.htm ) introduced new  valuable house tax by amending Real Estate Tax Law No. 1319. Scope Pursuant to new article, Article 43 of the [...]