Company Types in Turkey: The Foreign Direct Investors Law No. 4875 authorizes foreigners to establish businesses in Turkey. Foreign investors are given the same rights and obligations as domestic parties under Law No. 4875. This law permits foreign investors to set up any type of company that is defined by the Turkish Commercial Code […]
What is an IPO? A privately owned business becomes a publicly traded company using the initial public offering (IPO), which involves the initial making its shares available to the public. In simpler terms, it’s when a company sells its first shares to the public to raise capital from outside investors and list its stock on […]
What is a joint venture A joint venture (JV) is an engagement allowing multiple separate businesses or people to work together on a single project or a series of projects for an agreed-upon amount of time. Joint ventures are often established to pursue an objective that needs the combined resources, knowledge, and funds of the […]
WHAT İS THE ARBITRATION?Arbitration is an increasingly popular and preferred dispute resolution method. If you arecurious about what arbitration is, how it works, in which areas it is used and whatadvantages and disadvantages it has, keep reading this blog post. In this article, we willcover the following topics:
IS IT POSSIBLE FOR FOREIGNERS TO ESTABLISH A COMPANY IN TURKEY? It is possible for foreigners to establish companies in Turkey. The necessary conditions areregulated in the Foreign Direct Investment Law No. 4875. So who are foreign investors? Interms of the requirements of the law, it includes natural persons who have a citizenship otherthan the […]
The gaining citizenship can be possible with birth or acquiring. The foreigner cannot acquire citizenship through by marriage. There should be some conditions for that. If these are ensured, the foreigner might acquire the Turkish citizenship. The Code of Turkish Citizenship article 16 and also The Regulation on The Code of Turkish Citizenship article 25 […]
Everyone has the right to work. Foreigners who want to work in Turkey have to get a work permit to reach this aim. It is not allowed that foreigners work or are employed without a work permit. There are types of work permit given by the Ministry of Labour and Social Security. A work permit […]
Everyone has the right to own property. According to the Turkish Constitution, foreigners also have fundamental rights and liberties. Article 16 of the constitution states that there can be some legal limitations on the rights and liberties of foreigners consonant with international law. The president of the republic can specify the conditions such as acreage, […]
Citizenship is a legal and political bond to a state. Conferring citizenship to a foreigner is an authority of the state. This authority comes from sovereignty saving. Thus, the state has discretionary power to grant citizenship even if the foreigner has satisfied all conditions. According to The Turkish Citizenship Code, obtaining citizenship is possible with […]
According to Foreign Direct Investment Code, real person who have the citizenship from another state and Turks who live abroad could be foreign investor. Also, the legal entities or international entities which are established thorough a foreign state’s law can be accepted as a foreign investor. Foreign investors can establish a new company in Turkey. […]