OBTAINING WORK PERMIT FOR FOREIGNERS BY FOUNDING A COMPANY IN TURKEY OR BEING A PARTNER IN A TURKISH COMPANY
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OBTAINING WORK PERMIT FOR FOREIGNERS BY FOUNDING A COMPANY IN TURKEY OR BEING A PARTNER IN A TURKISH COMPANY

  One alternative for a foreign investor who wants to invest in Turkey is to create a new company in Turkey according to Turkish law. If the investor thinks that re-establishing a company is not advantageous for him/her, he/she may choose to become a partner in the company by purchasing the shares of a Turkish...

An Investment Alternative For Foreign Companies: Establishing A Liaison Office In Turkey
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An Investment Alternative For Foreign Companies: Establishing A Liaison Office In Turkey

Investors who want to invest in Turkey have many different options. The most advantageous investment type should be determined by considering many components such as the investor’s special conditions and short and long-term expectations from the investment. If the investor is planning to invest as a legal entity in Turkey, one of the options is...

RESPONSIBILITY FOR DAMAGES INCURRED BY THE LIMITED COMPANY
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RESPONSIBILITY FOR DAMAGES INCURRED BY THE LIMITED COMPANY

Summary: A limited liability company may incur damages due to the violation of legal obligations by the founders, directors, board members, and liquidators. While the company incurs direct damages due to the limited company incurring damages, the company partners and creditors incur indirect damages. Partnership or the persons who incur damages may apply to those...

ASSESSMENT OF RESPONSIBILITIES OF PARTNERS AND COMPANY MANAGERS REGARDING OBLIGATION OF LOYALTY AND PROHIBITION OF COMPETITION TERMS IN LIMITED COMPANIES
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ASSESSMENT OF RESPONSIBILITIES OF PARTNERS AND COMPANY MANAGERS REGARDING OBLIGATION OF LOYALTY AND PROHIBITION OF COMPETITION TERMS IN LIMITED COMPANIES

Summary: Limited companies are established as capital companies and they are considered legal entities starting with the moment of their establishment. Starting at this very moment, it was attempted to have the shareholders and managers understand the rights and limits of the personality of the capital company by reminding them of the obligations such as...

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SHARE TRANSFER IN LIMITED COMPANIES

Summary: The realization of the transfer of principal capital shares of the limited companies which are established under a commercial title by one or more natural or legal entities and which are stock corporations, is subject to certain formal conditions in the Turkish Commercial Code and its justification. The validity of the share transfer is...

Most Wondered Topics About Consensual Divorce
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Most Wondered Topics About Consensual Divorce

Divorce cases are cases that require sensitivity and care, as are any issues related to family and private life. Because there are cases in which decisions are made that will guide the future lives of the parties and common children, it is also important to manage the legal process well. It should be aimed to...

PROVISIONAL ATTACHMENT OF SHIPS
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PROVISIONAL ATTACHMENT OF SHIPS

  Introduction: A provisional attachment is a legal measure imposed to ensure that money and collateral receivables can be secured. In Maritime Enforcement Law, a provisional attachment is imposed to secure marine claims, but since maritime trade has unique characteristics, special provisions are included. In this context, the matter of imposing a provisional attachment decision...

ACQUISITION OF TURKISH CITIZENSHIP THROUGH INVESTMENT
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ACQUISITION OF TURKISH CITIZENSHIP THROUGH INVESTMENT

ACQUISITION OF TURKISH CITIZENSHIP THROUGH INVESTMENT Almost all countries have made special arrangements to easily grant citizenship to people who have certain qualifications. Turkey is also among these countries. It is possible for some foreigners to acquire citizenship of the Republic of Turkey due to their close interest and connections with our country, in a...