Corporate Law & Business Law in Turkey
Corporate Law in Turkey
Corporate Law in Turkey regulates legal entities formed under the Commercial Code 6102. Entered into force in July 2012, the objectives of the Commercial Code 6102 were to enhance shareholder engagement and long term investment; make it easier to set up and run a company according to corporate law, and reduce the burden of regulation – especially for small business.
In Turkey, the top 2 corporate body types of Limited Liability Company and Joint Stock Company have remained unchanged, consistently accounting for over 99% of the Register. In each intervening year in past decade, Limited Liability Companies have dominated the Register, accounting for over 79%.
Foreign Investors In Turkey
A Turkish state agency that promotes foreign investments predicts that the country will keep attracting foreign direct investments (FDI) in 2014, specifically in the fields of energy, banking-insurance, finance and the automotive industry. 21,973 of these foreign-owned companies operate in Istanbul, with 8,383 in the wholesale and retail market, 3,495 in real estate, and 3,163 in manufacturing business.
C&B Law Office provides a wide range of legal services for its business clients including assisting with the formation of joint stock companies and limited liability companies, as well as the managing of business mergers and asset acquisitions to Corporate Law in Turkey. Whether the business need involves drafting contracts or the review and preparation of sophisticated operating agreements, we have the knowledge and skills necessary to provide the business owner with sound, reliable legal counsel.
Our services include:
- Conducting company formation;
- Selecting the most advantageous form of business entity;
- Preparation of incorporation, organizational and formation documents including shareholder, partnership and operating agreements;
- Structuring, negotiating and documenting complex commercial transactions, joint ventures and strategic partnerships;
- Drafting and reviewing employment policies and procedures; drafting employment contracts and independent contractor contracts; advice regarding implementation of polices and compliance with laws regarding the workplace; defending employers against administrative and judicial actions alleging violations of employment laws;
- Mergers, acquisitions, reorganizations and sales of businesses;
- Providing opinion letters with respect to particular practices or policies;
- Corporate and commercial litigation
- Protection of intellectual property including patent, trademark, software and technology licensing and software development;
- Taxation and strategic planning;
- Insolvency, bankruptcy reorganization and liquidation proceedings.
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