REAL ESTATE INVESTMENT FUNDS IN TURKEY What are Real Estate Investment Funds in Turkey? Real Estate Investment Funds (REIF) were introduced to Turkish Law first by the Article 49 of the Capital Markets Law numbered 6362, dated 2012. They are regulated by the Turkish Capital Markets Board (CMB) via various communiques. A Turkish Real Estate […]
Before considering the necessary documents to start a company in Turkey, the investor needs to inform the attorney on the following details: The main field of business that the investor plans to operate in The number of shareholders, including information on how many of them are real persons and how many are legal entities The
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SHIP MORTGAGE IN TURKISH MARITIME LAW Maritime Law plays a pivotal role in Turkey’s economy, with ships being central to commercial activities. Acquiring ships usually involves credit arrangements, with mortgages serving as primary security for such loans. This article delves into the intricacies of ship mortgages in Turkish law, highlighting the legal frameworks and processes
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Buying Real Estate in Turkey: How to do Background Checks Going through the process of buying property in another country can be complex and full of challenges, especially for international buyers who may not be familiar with the local laws. This is a clear 5-step guide to help you check the background of a property
Fraud in Turkish Law How is Fraud Defined in Turkish Law? The crime of fraud in Turkish law is defined as deceiving another person through deceptive acts and profiting from these acts at the expense of the deceived party or of a third party. By this definition, the 3 elements of fraud are: Deceptive acts
How to Get Married in Turkey as a Foreigner Can Foreign Nationals Get Married in Turkey? Yes, foreign nationals are permitted to marry in Turkey, whether to a Turkish national or to another foreign national. What Are The Required Documents for Foreign Nationals to Get Married In Turkey? The required documents to get married in
How to Open a Bank Account in Turkey Opening a bank account in Turkey can be a challenging task for foreign nationals and companies with majority-foreign capital. Turkish banking laws require an additional set of documents from foreign nationals and apply stricter KYC rules. Vakıfbank, Halkbank and Ziraat Bankası are the only three state-owned deposit
Differences Between Venture Capital and Private Equity What is Venture Capital? Venture capital means investing in small, expanding businesses with typically high growth potential. What is Private Equity? Private equity, also known as company acquisition, means acquiring equity in a non-public company by buying its shares. Venture Capital vs. Private Equity Venture Capital is often
Treaties for Preventing Double Taxation in Turkey Navigating the complex world of international tax laws is particularly important for multinational corporations and individuals with cross-border income. Understanding the general principles of tax laws can significantly aid in efficient tax planning and avoiding the pitfalls of double taxation. To prevent double taxation, most countries sign tax
Escrow Agreements in Turkey What is an Escrow Agreement in Turkish Law? An escrow agreement in Turkish law involves a neutral third party, known as the escrow agent, who is entrusted with holding funds or assets from the buyer. This arrangement continues until the seller fulfills specific, predefined conditions. Upon satisfaction of these conditions, the
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