Page 9 – Ongur Partners

HOW TO SET UP A COMPANY IN TURKEY?

How to set up a company in Turkey. Setting up a company in Turkey involves several steps, including deciding on the business structure, registering with the Trade Registry Office, and obtaining the necessary permits and licenses. The process typically includes: Choosing the business type (e.g., Limited Liability Company - LLC, Joint Stock Company). Drafting the Articles of Association. Registering with the Turkish Trade Registry. Opening a local bank account and depositing the required capital. Obtaining a tax...

COMPREHENSIVE GUIDE TO COMPANY FORMATION IN TURKEY

Company Formation in Turkey. Turkey has long been a prime location for business ventures due to its strategic position, vibrant economy, and access to global markets. Whether you're an entrepreneur looking to expand your operations into new territory or an investor seeking opportunities, understanding the process of company formation in Turkey is crucial. In this guide, we’ll take a detailed look at the process of setting up a business in Turkey, the associated costs, the role of company formation agents, and other essential...

A GUIDE TO HIRE A LAWYER IN TURKEY

lawyer in Turkey Hiring a lawyer in Turkey is a crucial step both for taking preventive measures before a dispute arises and for ensuring that correct legal actions are taken to protect your rights once disputes emerge. For foreigners, understanding the Turkish legal system can be particularly challenging due to language barriers and the specialized nature of the field. This article outlines the legal requirements, processes, and key considerations when hiring a lawyer in Turkey. Legal Requirements for Hiring a Lawyer Under the Code...

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BECOMING AN ARBITRATION LAWYER: ESSENTIAL STEPS

When legal disputes arise, parties sometimes choose to use an arbitrators to resolve their issues instead of going to court. Arbitrators are legal experts who organize confidential meetings to help one or more parties resolve their disputes without the need for court proceedings. Arbitration lawyers, on the other hand, are legal advisors who provide professional support to the parties in disputes before arbitrators. If you have good communication skills and are planning a career in law, you may find it useful to learn how to become an...

Legal Guide for Foreign Investors in Turkey

INVEST IN TURKEY: LEGAL GUIDE FOR FOREIGN INVESTORS IN TURKEY

Turkey is becoming an important destination for foreign investors due to its strategic location, growing economy and pro-business policies. For foreign investors, whether an individual or a multinational company, understanding Turkish law is essential to ensure a smooth investment process. This blog post highlights the key legal considerations and the importance of obtaining expert legal services in Ankara to maximize your investment success to invest in Turkey.   Why Invest in Turkey?   Turkey acts as a bridge between...

THE GENERAL CONCEPT OF DISTANCE SALES CONTRACTS

Distance Sales Contracts Distance sales contracts are agreements established between the seller or provider and the consumer without their simultaneous physical presence, within the framework of a system designed for the remote marketing of goods or services. These contracts are concluded through the use of remote communication tools until and including the moment the contract is established. For a contract to qualify as a distance sales contract, three conditions must be met. First, the seller or provider and the consumer must not be...

WHITE COLLAR CRIMES AND TURKISH PERSPECTIVE

WHITE COLLAR CRIMES AND TURKISH PERSPECTIVE Usual perception of crimes and criminal law tend to focus on straightforward offenses that may not appear to significantly impact corporate or commercial life. Nevertheless, with the emergence of financial crimes or “white-collar crimes” as it is popularly referred to, businesses and the broader commercial landscape are increasingly affected. In general terms, white-collar crimes can be defined as offenses committed within the scope of one's profession by individuals who hold a high...

INTERNATIONAL TRADEMARK REGISTRATION UNDER THE MADRID PROTOCOL (WIPO)

  Att. Cansu YILDIRIM, Att. Mensur ÖGÜT Introduction Trademarks are signs consisting of all kinds of words, colors, numbers and shapes that are capable of distinguishing a good or service from other goods or services. The consumer forms his/her preferences for goods and services by trusting the experience of the trademark’s owner and the quality of the trademark, thanks to the distinctiveness of the trademark. In Turkish law, trademarks are protected through Law No. 6769 on Industrial Property and the international...

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...

Arbitration Lawyers Turkey

PARTY-APPOINTMENT SYSTEM AND INDEPENDENCE / IMPARTIALITY OF THE ARBITRATORS

  Att. Gökberk TEKİN, LL.M., FCIArb Introduction Arbitration has emerged as one of the most efficient and popular alternative dispute resolution methods and simply offers to the parties the chance to resolve their differences in accordance with the law, procedures, and by “judges” they selected.[1] It is important to emphasize herein that the “selection/appointment arbitrators” are often considered as one of the most important points of the arbitration process.[2] arbitrator However, in recent years,[3] being an important...