Amendment to the Communiqué on the Printing Format of Checkbooks and Determination of the Amount Banks Are Obliged to Pay to Bearers (No: 2010/2) was published in the official gazette dated 24.01.2025...
A limited liability company in Turkey is established when the necessary documents are prepared and submitted to the trade registry offices either by the shareholders or their proxy. The primary legal...
In today's global trade environment, companies engage in international commerce by selecting offers based on quality, price, and deadlines. Trust is key, as payments or goods are exchanged, but v...
LLCs are represented by one or more directors or a board of directors. A director, within the scope of their representative authority, manages the company, represents the company, and makes decisions...
Checks are commonly used as a payment tool in business transactions. Accepted based on the mutual trust between parties, checks are often written with a future date and given to the other party in the...
The Law on Amending the Turkish Commercial Code and Certain Laws was published in the Official Gazette dated 29.05.2024. This amending law introduces significant changes to many laws, and this article...
Obligation to hire a lawyer in Turkey refers to the commitment of companies of a certain size or turnover to hire a lawyer to manage their legal processes and transactions. This practice aims to ensur...
With the new regulation, it has been regulated that certain payments can be made in the agreed foreign currency. Previously, although agreements for sales of movables other than vehicle sales contract...
Enforcing a foreign arbitration award in Turkey is not an automatic process. Even if the parties have resolved their dispute through arbitration abroad, the arbitral award must still be reviewed and a...
The amount payable by the drawee bank for each presented check leaf has been increased to 9270-TL, according to the Communiqué Amending the Communiqué (number: 2010/2) on the Printing Method of Check...
The recognition and enforcement of foreign court decisions is a highly technical matter. Due to the complexity of aspects such as the finalization of foreign judgments, obtaining certified copies, and...
With the publication of Presidential Decree No. 7887 in the Official Gazette No. 32380 dated 25 November 2023, the minimum capital amounts of newly established joint stock and limited companies were i...
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