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THE ACQUISITION OF TURKISH CITIZENSHIP THROUGH INVESTMENT BY FOREIGNERS

Att.Cansu YILDIRIM, Att. Mensur ÖGÜT GENERAL OVERVIEW ON OBTAINING TURKISH CITIZENSHIP THROUGH INVESTMENT turkish citizenship Under the Turkish Citizenship Law (Numbered 5901), Turkish citizenship can be obtained either by birth or later through various means. Obtaining Turkish citizenship through investment is one of these exceptional methods. According to Article 12 of the Turkish Citizenship Law, individuals listed below may obtain Turkish citizenship by Presidential decree, provided that they do not pose a threat to national...

Foreign Currency Decision and Its Effects on Business Life

Presidency of the Republic of Turkey issued a new Presidential Decree (Decree No: 85) in the Official Gazette dated 13 September 2018 and numbered 30534, which prohibits the usage of foreign currencies in contracts between Turkish residents (the “Amendment”). According to the Amendment, Turkish residents acting as a party to the contracts listed below, with other Turkish residents are prohibited to use foreign currency (including Turkish Lira indexed to foreign currency) in determining the contractual value and payment liabilities: 1)...

Legal Responsibilities Of A Limited Liability Company’s Manager(s)

Legal Responsibilities Of A Limited Liability Company’s Manager(s) Att. Dilara Naz GULUM A) IN GENERAL The most preferred type of company established in Turkey is Limited Liability Company (“LLC”), and two compulsory bodies are foreseen in Section two of Part six of Turkish Commercial Code[1] numbered 6102 for this type of company. One of them is general assembly (“GA”) as a decision and administration body of LLC and the other is manager(s) as a management and representation body. Therefore, LLC’s manager(s) has the...

From Archie to Google

From Archie to Google - Search engine providers and emergent challenges in relation to EU competition law Aysem Diker Vanberg [1] Cite as: Diker Vanberg, A, ‘From Archie to Google -Search engine providers and emergent challenges in relation to EU competition law’, European Journal for Law and Technology, Vol. 3, No. 1, 2012 Abstract Search engines are crucial for locating and accessing the vast amount of digital content. Hence they are subject to close scrutiny by the media, governments...

How to Choose an Arbitrator?

Selecting the right arbitrator is crucial for ensuring a fair and efficient arbitration process. Here is a step-by-step guide to help you make an informed decision. REVIEW THE ARBITRATION AGREEMENT Start by carefully examining the arbitration lawyer for agreement. This document may contain specific provisions regarding the qualifications and selection process for arbitrators. Understanding these requirements will help you adhere to the agreed-upon terms and avoid any potential disputes later on. PREPARE A LIST OF SUITABLE POTENTIAL...