LAW IN TURKEY

  • How to mandate a lawyer in Turkey ?
    Under Turkish laws, attorneys at law may only act when duly empowered by a power of attorney in due form.   This is to say that if you intend to hire a lawyer in Tukey, you are obliged to issue a power of attorney. The formal... »
  • Competition law in Turkey, anti-trust regulation applying to Turkish companies
    Competition laws Turkish Law on the Protection of Competition (law no. 4054) is regulating the major anti trust rules that applies to companies operating in Turkey. It aims to protect the competition between and prevent practices... »
  • What are the cost of incorporating company in Turkey
    In order to set up a limited liability company ("LLC") in Turkey, no minimum shareholders are required. The minimum share capital is 10.000 TL (approximately USD 3300,-).  Shareholders of an LLC, who wish to establish a limited... »
  • How to establish a company in Turkey ?
    If the founder of the company is a legal entity, the following documents are required:    1. Petition in due form, 2. Establishment Statement, 3. Articles of Association,  4. Certificate of Activity,  5.... »
  • FAQ
  • foreign investment in Turkish tourism sector
    The Ministry of Culture and Tourism is the main regulatory body in Turkey's tourism sector. All issues relating to investments in the tourism sector are handled by the General Directorate for Investment. There is also a private entity... »
  • How to mandate a lawyer in Turkey ?
    Under Turkish laws, attorneys at law may only act when duly empowered by a power of attorney in due form.   This is to say that if you intend to hire a lawyer in Tukey, you are obliged to issue a power of attorney. The formal... »
  • investing in the Turkish financial sector
    When investing in the Turkish financial sector, foreign investors are subject to the same conditions and permits as Turkish investors. There are no limits or restrictions in the financial legislation regarding foreign investors.... »
  • Renewable Energy Law in Turkey
    Law No.5346, entitled "Renewable Energy Resources Law for the Purpose of Generating Electricity" stipulates that RES (Renewable Energy Resources) are wind, solar, geothermal, bio-mass, bio-gas, wave current and tidal power sources... »
  • Energy
    INLAWCO advises international investors in regulatory requirements to operate in the renewable energy market. We also represent foreign groups in due diligences related to acquisition of energy licenses. Our specialists assists... »
  • Litigation
    INLAWCO can trust on a strong team of litigators with extensive trial skills. They have been involved in hundreds of trials in top litigation firms.  Our network of attorneys around Turkey allows us to perform the responsive... »
  • Shipping and maritime
    Our maritime lawyers provide a comprehensive service in shipping litigation and are representing prestigious clients on cargo claims to marine casualties. Thus, Inlawco acts in various area of the shipping business.  Among... »
  • Projects and finance
    Inlawco has an extensive experience in infrastructure finance, including project finance and other secured, structured financings and other financings solutions tailored for projects in Turkey, Middle East, Central Asia and Africa. Our... »
  • Differences between a Joint Stock Company and a Limited Liability Company
    The following are some of the most important differences between a Joint Stock Company and a Limited Liability Company under Turkish laws :    • There is no minimum or maximum number of shareholders for Joint Stock... »
  • Mandatory lawyer in companies
    According to Law 1136 (Code of Lawyers) Article 35, joint stock companies over 250.000 TL (approximately 90.000 USD) shall have a mandatory lawyer.    The companies have the choice between hiring a law firm or employ... »
  • Rules and tax on the transfer of dividends from Turkish companies to foreign shareholders
    There is no limitation for repatriation of profits unless the company is monitored by an upper supervisory body (such as the Capital Market Board or the Banking Regulatory and Supervisory Board), whose approval is required. After... »
  • Energy and environment in Turkey
    Turkey has become one of the fastest growing energy markets in the world in parallel to its economic growth registered in the last eight years and is rapidly gaining a competitive structure. The Turkish Electricity Transmission... »
  • Investment policy regarding Turkey's infrastructure
    According to the Ministry of Transport, the total revenue from all toll roads in Turkey in 2008 was USD 121 million. The total revenue from the two bridges crossing the Istanbul Strait was USD 100 million during the same period.... »
  • Data Protection under Turkish laws
    Processing of personal data a legal concern in Turkey since the enactment of the European Union Data Protection Directive No. 95/46/EC. Turkey being in accession step within EU, a Draft Law Concerning Protection of Personal Data... »
  • Turkish infrastructure sector
    The Turkish infrastructure sector attracts more and more investors every day, focusing on long-term business opportunities.  The investment figures announced by the Turkish government regarding the Southeastern Anatolia... »
  • Financial sector in Turkey encouraged by the government
    Turkish government has taken steps in order to ensure that the financial system complies with international standards. Thus, EU and OECD norms form the basis of the Turkish financial system as regards accounting and supervision... »
  • Commercial Litigation in Turkey
    Turkey shall adopt quickly a new procedural law to speed up commercial litigation in Turkey. Indeed, the Turkish litigation practice has never had a positive image, especially from foreign companies' standpoint. While... »
  • Inlawco advisor in a major real estate project
    Inlawco advising international real estate consortium of real estate groups and banks, with Turkey's biggest real estate investment trust. The project concerns residential and commercial projects in many locations of Turkey and... »
  • Lawyers in Turkey and practice of law in Turkey
    The compatible or incompatible activities with law practice are regulated under a law dated 1969. Pursuant to article 11 of the Law, "Services and duties rendered in exchange for payments such as a monthly salary,... »
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