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Restructuring & Insolvency Türkiye - Q&A

Questions 1 Overview 1.1 Where would you place your jurisdiction on the spectrum of debtor- to creditor-friendly jurisdictions? The Enforcement and Bankruptcy Law (also referred to as “Law Nr 2004” or “İİK”) governs the restructuring, insolvency and bankruptcy of businesses registered and operati

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21
May

Real Estate Acquiring Türkiye Guide

Introduction Türkiye is the bridge from West to East, a melting pot of rich and various civilisations, a country of diversity where everything seems to be possible. In recent years the tourism to Türkiye  has experienced significant growth. Of course this has to do with the great climate, th

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22
May

Mergers & Acquisitions Insight 2021 Türkiye

Laws and regulations There is no specific law that exclusively regulates M&A transactions subjected to Turkish jurisdiction.  Different types of M&A transactions are governed by a set of laws and regulations that are equally applied to both domestic investors and foreign investors.  There are only

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22
May

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Establishing Limited Company in Türkiye

Can a foreign national form a Turkish company? Company registration for non-Turkish residents is subject to the same requirements as for residents living in Türkiye. There are no restrictions on foreigners to become a Turkish company director. There are no restrictions on foreigners to become a sh

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21
May

How does book keeping in a Turkish Company affect your court case?

Book keeping becomes even more important if company books are submitted as evidence in a legal dispute of a company. Company books are at utmost importance in case of a lawsuit where the company books of the company or the payroll slips of the company constitute the primary evidence for the company

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21
May