Turkey has become a key market for international investors in sectors such as technology, logistics, real estate, tourism, manufacturing and energy. Many foreign investors choose to partner with Turkish entrepreneurs and set up a Turkish company with foreign and local shareholders together. These partnerships can be very profitable, but when expectations are not aligned, they […]
Technoparks, R&D and Other State Incentives in Turkey: Real Value and Risks for Investors For many foreign investors, Turkey’s Teknopark, R&D and other state incentives look like a free boost to valuation: tax breaks, grants and social security discounts that extend runway and improve margins. But from an investor’s perspective, the right question is not […]
Founder Control vs. Investor Protection: How to Strike the Balance Under the Turkish Commercial Code (TTK)? For foreign VCs investing in Turkish companies, the real negotiation is often about “Founder Control vs. Investor Protection: How to Strike the Balance Under the Turkish Commercial Code (TTK)?” In practice, the question is: how can founders keep enough […]
When an international investor asks “How are liquidation preference, anti-dilution and vesting mechanisms structured under Turkish law?”, the real concern is whether the familiar VC protections from common-law jurisdictions can be safely replicated under Turkish corporate law. The short answer is: they usually can – but only if the deal is carefully engineered through a […]
Cap Table Hygiene in Turkey from a VC’s Perspective: Which Structures Drive Investors Crazy? When we talk about cap table hygiene in Turkey from a VC’s perspective, we are really talking about one simple question: can an investor clearly understand who owns what, on what terms, and with which future dilution risks? For foreign founders […]
1) The Big Picture: Residence versus Work Authorization Think of your status in Türkiye as two layered permissions: A work permit usually serves two functions at once: it authorizes the specific work relationship and functions as a residence permit for the same period. That is why foreign shareholders who will actively manage the business should […]
1) Introduction: Why this guide matters for foreign employees Foreign employees—whether they are skilled professionals, blue-collar workers, seafarers, or site technicians—form a critical part of Turkey’s workforce. When a work accident occurs, they face two parallel challenges: (i) navigating Turkey’s social security and occupational safety framework, and (ii) overcoming language and immigration barriers that can […]
INTRODUCTION Turkish Citizenship by Bank Deposit: Eligibility, CBRT Conversion, and the 3-Year Lock is an exceptional pathway under Turkish law that allows qualified investors to obtain citizenship by committing funds to a Turkish bank subject to strict currency-conversion and holding requirements. In practice, success depends on meeting the statutory threshold, converting foreign currency through the […]
INTRODUCTION Citizenship rights of work permit holders in Turkey are an important legal topic for foreign nationals residing and working in the country. Many foreigners begin their life in Turkey with a short-term or long-term work permit, and over time they become eligible to apply for Turkish citizenship if they meet the conditions set forth […]
19) Model Clause Snippets (Plain English → Turkish Law Ready) Hardship (TCO 138-aligned):“The Parties acknowledge that extraordinary, unforeseeable events that fundamentally disturb the contractual equilibrium may entitle the affected party to seek adaptation in good faith. Failing agreement within 30 days of a written request, the affected party may apply to court for adaptation or […]