por
lawyerfbc
Many companies in Turkey don’t fail because of market conditions—they fail because of weak governance and weak controls: unclear authority, undocumented decisions, uncontrolled payments, and compliance gaps. These issues become especially risky in foreign-owned companies where shareholders are not physically present and rely on reports rather than daily oversight. This guide explains corporate governance in […]
por
lawyerfbc
Directors’ and Managers’ Liability Under the Turkish Commercial Code: What You Need to Know When foreigners set up a company in Turkey, they often focus on incorporation, banking, and taxes—but overlook one of the most important risk topics: management liability. Under the Turkish Commercial Code (TCC), company managers and directors may be held liable for […]
por
lawyerfbc
If you want to set up a business in Turkey, one of the first—and most important—legal decisions is choosing the right company type. In practice, foreign founders most often compare a Limited Liability Company (Ltd. Şti.) and a Joint-Stock Company (A.Ş.). Both structures can be used by foreign investors, but they differ in governance, flexibility, […]
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