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English Speaking Lawyer in Turkey: Key Advantages for Foreign Clients

English Speaking Lawyer in Turkey: Key Advantages for Foreign Clients. In an interconnected world, Turkey has become a focal point for international investors, expatriates, and global citizens seeking real estate, business opportunities, or residency and citizenship paths. For non-Turkish speakers navigating Turkish legal procedures, engaging an English speaking lawyer in Turkey is often indispensable. We will examine the multifaceted role of an English speaking attorney in Turkey: from facilitating communication and cultural...

Types of Letters of Guarantee

Types of Letters of Guarantee. Letters of guarantee can be broadly divided into several categories based on their structure, triggering events, and subject matter. Understanding the Types of Letters of Guarantee is the first step in effectively managing contractual risk, ensuring that all parties are aligned regarding the obligations and remedies in case of default. At a high level, letters of guarantee can be classified by two primary criteria: 1. Form of Payment Demand: This refers to how and when an obligee can demand payment under...

Termination of Employment Contracts in Türkiye

Termination of Employment Contracts in Türkiye.Employment relationships in Türkiye are governed by comprehensive legislation designed to balance the rights and obligations of both employers and employees. Among these, the termination regime under the Turkish Labour Code (Law No. 4857) occupies a central role. Employers must abide by strict procedural and substantive requirements, while employees enjoy protections against arbitrary or unfair dismissals. This article provides an in-depth, SEO-friendly exploration of Termination of Employment...

Tax Types and Rates for Companies in Turkey

Tax Types and Rates for Companies in Turkey. Turkey offers a dynamic and strategically positioned environment for both local and international businesses. Understanding the tax framework is essential for companies operating in or planning to enter the Turkish market. Turkey’s corporate tax system includes several types of taxes levied on companies, which vary depending on the nature of income, the type of company, and specific activities conducted. This article outlines the main tax types and current rates applicable to companies in...

Unlock Limitless Possibilities with Turkish Citizenship by Investment

Unlock Limitless Possibilities with Turkish Citizenship by Investment. In today’s global landscape, acquiring a second citizenship is a strategic asset. Among the most attractive destinations, Citizenship by Investment in Turkey stands out due to its unique advantages, fast-track procedures, and strategic geographic location. Whether for personal freedom, business expansion, or securing a stable future, Turkish citizenship opens the door to a world of possibilities. In this comprehensive guide, we’ll explain the application steps,...

Share Transfer in Limited and Joint Stock Companies. When comparing “Share Transfer in Limited Liability Companies” versus “Share Transfer in Joint Stock Companies,” it is vital to recognize that LLCs and JSCs are distinct legal entities under the TCC. LLCs (Turkish: “Anonim Şirket” for JSC; “Limited Şirket” for LLC) differ primarily in terms of flexibility, share structure, and transfer formalities. In an LLC, shares are not divided into capital stock but are represented as quotas (Turkish: “pay”). In contrast, JSCs issue capital stock...

Recognition and Enforcement of Foreign Court Judgments in Turkey

Recognition and Enforcement of Foreign Court Judgments in Turkey. Recognition and enforcement of foreign court judgments are essential for cross-border legal cooperation, particularly in commercial and civil matters. Turkey, as a civil law country with an increasingly globalized legal environment, has developed specific procedures for recognizing and enforcing foreign court judgments within its jurisdiction. This article explores the legal framework, conditions, procedures, and practical implications of recognizing and enforcing foreign...

2024 Regulatory Changes on Work Permit

2024 Regulatory Changes on Work Permit. As global mobility rebounds and international investors look beyond their borders, Turkey stands out as both a historic crossroads and a burgeoning center for business. Recent legislative adjustments—especially the 2024 Regulatory Changes on Work Permit—have reshaped the legal landscape for foreign professionals. This comprehensive guide unpacks those changes, outlines the requirements for legally staying in Turkey, highlights why securing a work permit matters, and explores opportunities for doing...

Property Management in Turkey

Property Management in Turkey. Turkey has long been recognized as a bridge between Europe and Asia, offering a dynamic economy, strategic location, and diverse investment opportunities. Among its many sectors, real estate stands out as a critical component of business activity, both for local entrepreneurs and foreign investors. Is Turkey good for business? Economic Growth and Market Size Turkey is the 19th largest economy in the world by nominal GDP and the 11th largest in Europe, with a GDP exceeding USD 900 billion in recent years....

2024 Case Analysis of Enforcement of Foreign Arbitral Awards in Turkey

2024 Case Analysis of Enforcement of Foreign Arbitral Awards in Turkey. In the dynamic world of international commerce, the enforcement of foreign arbitral awards and the establishment of a local presence are critical considerations for businesses looking to expand into new jurisdictions. Turkey, with its strategic location between Europe and Asia, sophisticated legal framework, and commitment to international arbitration treaties, has become a focal point for dispute resolution and market entry strategies. This SEO-optimized,...