Urban Transformation Process in the light of the Law No.6306
Urban Transformation has been regulated under the Law No.6306 (“the Law”). The Law mainly aims to enhance old structures.
Annual Paid Leave of an Employee with less than 1 Year Working Day
Principles regarding the determination of annual paid leaves are designated under articles of 53/61 of the Turkish Labor Law numbered 4857 and the related Regulation.
Points to be Considered When Acquiring Property
As is known, immovable properties are all registered and most of the purchasing transactions regarding immovable take place in title registry offices.
Liquidation and Liquidators
Duties of the Liquidator are designated at the related articles of the new Turkish Commercial Code. Liquidators are obliged to use appointed authorities in person and cannot transfer them to…
Pledge on Movables-Vehicle and Construction Equipment
Pursuant to Code of Pledge of Turkish Commercial Enterprise numbered 1447, pledge on movables is subject to several terms and conditions such as publicity and specificity of the goods, yet…
Types of Shares and Share Transfers
A) Joint Stock Companies A share is the part of the main capital divided to a specific number of unit value. In accordance with the current Turkish Commercial Code (hereinafter…
The Two Most Common Company Types; JSC and LLC
In line with the present legislation related to corporate law and the Turkish Commercial Code numbered 6762, dated July 9, 1956, published at the Official Gazette numbered 9353 (hereinafter shall…
Taking Audio and Video Recordings in Secret
As is known, there have been numerous situations where audio and video recordings are taken in secret. Therefore, legal aspect of taking audio and video recordings in secret shall be…
Branch Offices
As per Turkish Law, foreign or domestic companies may establish a branch office in order to execute their activities. A branch office shall have no legal entity and shall be…