Due Diligence for Venture Capital in Turkish Law Legal due diligence in Turkish law is a critical assessment process aimed at identifying and evaluating legal risks associated with a potential investment in Turkey. Due diligence in Turkish law covers various legal aspects, including regulatory compliance, contract obligations, and the legal standing of the venture. Key […]
Differences Between LLC and JSC in Turkish Corporate Law In Turkish corporate law, there are major differences between a limited liability company and a Joint-Stock Company. When it comes to deciding whether to incorporate a Limited Liability Company or a Joint-Stock Company in Turkey, an investor should consider several aspects: 1) Anonymity in Joint-Stock Companies
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Lawsuits and Compensation in Turkish Law How is Unjustified Enrichment Defined in Turkish Law? Unjustified enrichment means that one party, through its assets or effort, increases another party’s assets (or decreases its debts) on an unjustified reason. This unjustified reason is usually a contract which is invalid, void, terminated or withdrawn. By law, the party
GUIDE TO COMPANY REGISTRATION IN TURKEY What is a Limited Liability Company in Turkish Law? Limited Liability Companies (LLC) allows business owners to limit their liability to the amount of capital that they invest in their business. In other words, barring certain legal exceptions, only the legal entity of LLC is liable for the debts
Common Questions on Turkish Citizenship by Investment Turkish citizenship rules are straightforward. The following are some of the most frequently-asked questions on Turkish Citizenship by Investment What are the Benefist of Turkish Citizenship? The reason that most investors prefer the Turkish CBI program is so that they can conveniently reside, work, open businesses, and invest
WHAT TO DO IF YOU ARE DETAINED OR ARRESTED IN TURKEY? Finding yourself detained or arrested in a foreign country can be a distressing experience. Here’s a guide on what to do if you find yourself or someone you know arrested in Turkey or detained at a Turkish airport. A) If it is You who
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The right, which is the content of the negotiable instrument in Turkish law, cannot be claimed separately from the deed to which it is attached. The holder of the deed may not be able to claim the right they have in cases of loss of the deed in these cases. This can lead to
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In the Turkish Commercial Code numbered 6102, liability insurances are specially regulated under the said section there are general provisions regarding liability insurances (TCC art. 1473-1482) and special provisions regarding compulsory liability insurances (TCC art.1483-1484). With the needs of the society, new risks have emerged, thus liability insurance has gained importance in law. Some liability
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For the Turkish Civil Code, there must be parties to have a marriage license to get married in Turkey. The first feature required to have a marriage license is to meet the minimum age requirement stipulated in the law, while the second condition is that the person to marry has the power of discrimination. Marriage
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