Is setting up a company a residence permit? Permission to establish a commercial connection and business The reality of the company’s activity Required documents Residence and work permit difference Legal risks and recommendations One of the most frequently asked questions by foreigners who establish a company in Turkey is whether this process provides a residence...
Does establishing a company grant citizenship? In which areas does it provide advantages? Residence and investment relationship How does it affect the file? Why is real activity important? Foreigners establishing a company in Turkey offers important opportunities in the field of investment and trade. However, this alone does not give the right to citizenship. There...
Contracts are the basic building blocks of modern society and commercial life. We encounter these legal texts that regulate our rights and obligations in almost every aspect of our lives, from renting a house to a large company merger, from a service purchase to a business relationship. A well-prepared contract serves as a road map...
In commercial and social life, debt relations are frequently established between individuals. However, sometimes the debtor may refrain from paying the due debt. In this case, the creditor has to resort to legal remedies to collect its receivable. In cases such as objection to enforcement proceedings without a judgement or the absence of a strong...
Establishing a company is an important step in business life for many people who act with the spirit of entrepreneurship or who want to put an existing business into a legal framework. The most commonly preferred company types in Turkey are Limited Liability Company (Ltd. Şti.) and Joint Stock Company (A.Ş.). Both company types have...
Insurance is an important tool that provides financial assurance against risks that may be encountered in many areas of our lives. Many different types of insurance, from traffic insurance to housing insurance, from health insurance to motor insurance, aim to compensate for financial losses in the face of unexpected events. However, when a damage occurs,...
Transfer of Commercial Enterprise: Liability of the Transferee and Legal Process The transfer of a commercial enterprise is the transfer of a commercial enterprise to another person as a whole, together with all the active and passive elements it contains. This is a process with much more complex legal consequences than simply handing over the...
Minority Rights in Joint Stock Companies: Protection Shield Against Majority Decisions Joint stock companies are structures in which capital is at the forefront and decisions are generally taken with the “majority principle”. Although this principle is necessary for the effective management of the company, it also brings with it the risk of majority shareholders making...
Rights of Limited Company Partner: How to Exercise the Right to Obtain and Examine Information? Limited liability companies are the most preferred type of company in Turkey, especially by family businesses and SMEs. In these companies, the partners are usually both the owner and the manager of the company. However, in some cases, especially in...
Mergers and Acquisitions (M&A) Guide: Legal Process and Considerations Mergers and acquisitions (M&A) are one of the most important tools of companies’ growth strategies, market share expansion targets or access to new technologies and markets. While a successful M&A transaction can create great synergy and value for the parties, a poorly managed process can result...
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