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Majority of companies in Turkey are family owned companies as their equivalents around the world. It is predicted that over 70 % of companies are family owned companies in the world. Family owned companies differ from other companies by their policies and
LPG market is regulated under the Law of Liquefied Petroelum Gases (LPG) Market Law and Amending Law to Electricty Market Law, Law No: 5307 (“Law”) in Turkey. Accordingly, it is obligatory to obtain a license in order to carry out distribution, transp
In an increasingly globalized world where the consumer habits manifest changes almost on a daily basis the payment mechanisms have to keep abreast with such rapid developments. A world where the conventional methods of payment based on physical exchange o
In an increasingly globalized world where the consumer habits manifest changes almost on a daily basis the payment mechanisms have to keep abreast with such rapid developments. A world where the conventional methods of payment based on physical exchange o
General Banking Climate in Recent Years The last decade in Turkey has seen an immense macro-economic growth that spilled over to various different branches of the national economy. The banking sector has been one of the leading industries to benefit from
Tax Liability in Joint Stock Companies As is known, administration and representation of joint stock companies are carried out by board of directors of the company. Members of board of directors can be elected by general assembly of the company from among
According to the New Regulation on Undertaking of Liabilities by the Undersecretariat of Treasury (“Regulation”), which has entered into force on 19.04.2014, the Treasury may provide guaranty
Islamic finance has been gaining ground in global markets as well as in Turkey throughout the recent years. In this regard what is especially important for the business world is the transformation of Islamic finance from simple financial tools to highly s
The free trade agreement, known with its acronym TTIP, currently being negotiated between the United States and the European Union is expected to have immense legal implications as well as commercial ones for the signatories. The numbers are self-explanat
Enerjinin üretimi veya ithalatı kadar, ithal edilen veya üretilen enerjinin de serbest piyasa koşulları altında pazarlanması büyük bir önem arz etmektedir.
Savunma sanayi Türkiye’de ithalat odaklı bir sektör olmasına rağmen son yıllarda yurtiçi piyasanın dinamizm kazandığı ve üzerinde durulan Ar-Ge çalışmalarının sonuç verdiği bir fırsat merkezi haline geldi. Türk Silahlı Kuvvetleri’ni
The one of the most significant principle in an M&A transaction is “the principle of maintenance of partnership structure” (or the maintenance principle) under Turkish Commercial Code. As is known, result of a merger and acquisition transaction affect
Kuştepe Mahallesi, Mecidiyeköy Yolu Caddesi, Trump Towers, Ofis Kule:2 Kat:18, No:12, Şişli Mecidiyeköy, İstanbul, Türkiye
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