In Turkey, a vekaletname (power of attorney – “PoA”) is a very practical tool for foreigners who need legal acts to be carried out on their behalf without being physically present. It is widely used in real estate purchases, court proceedings, company formation, banking, and many other transactions. However, because a PoA gives very strong […]
Deadlock (Kilitlenme) Mechanisms: Shoot-out, Russian Roulette, Mediation & Arbitration Solutions in Turkish Joint Ventures For foreign investors entering 50–50 partnerships in Türkiye, deadlock (kilitlenme) mechanisms: shoot-out, Russian roulette, mediation & arbitration çözümleri are essential tools to prevent a promising joint venture from becoming permanently paralysed. In a typical Turkish structure, two shareholders each hold 50% […]
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 […]
Inheritance in Turkey when a foreigner owning real estate or a company dies often raises complex questions about which country’s law applies, which court is competent and how heirs can actually transfer or liquidate assets in Turkey. For families living abroad, the combination of Turkish succession rules, private international law and corporate rules can be […]
Short-Term Residence Permit in Turkish Law is the main route for foreigners who want to stay in Türkiye longer than their visa allows, without immediately applying for a long-term or work-based status. This permit is based on the Turkish Law on Foreigners and International Protection and is issued for a limited time, usually up to […]