Ali Yurtsever

About Ali Yurtsever

Posts by Ali Yurtsever:

“Comprehensive 2025 guide for expats on Turkish inheritance law—forced heirship, wills, probate, tax, and strategies to protect assets and honor your wishes.”

Navigating Turkish Inheritance Law: A Comprehensive Guide for Expats for the year 2025

Turkey’s rich history, vibrant culture, and strategic position as a bridge between Europe and Asia have made it a magnet for expats, retirees, and international investors. However, the complexities of Turkish inheritance law—particularly its forced heirship rules and probate process—can pose significant challenges for foreigners. This in-depth guide explores how expats can prepare wills in Turkey, navigate legal implications, and ensure their assets are distributed according to their wishes. Understanding Turkish Inheritance Law: Core Principles […]

Turkey VAT and Customs Optimization - strategies for foreign companies manufacturing or sourcing goods in Turkey

Turkey VAT and Customs Optimization: Key Factors for Foreign Businesses

I. Introduction For all businesses engaged in international commercial activities with Turkey or sourcing goods or services from the country, understanding and implementing effective Turkey VAT and Customs optimization strategies are integral to successfully managing operational processes and financial outcomes. This complex body of regulations governing cross-border transactions directly shapes the costs, risks, and overall supply chain efficiency not only for companies resident in Turkey but also for global players purchasing from the Turkish market. […]

Choosing a Turkey business structure for foreign investment

Turkey Subsidiary, Branch, or Liaison Office? A Tax & Legal Guide for Foreign Investors

I. Introduction Turkey’s strategic geographic location at the intersection of Europe, Asia, and the Middle East, its developed industrial capabilities, and ease of access to international markets have positioned it as an increasingly attractive investment destination for foreign businesses. The country offers a favorable business environment, with multiple Turkey business structures available, enhanced by supportive government policies, incentives, and a robust legal framework designed to encourage foreign direct investment. However, foreign companies planning to enter […]

HUngary Golden Visa EU Residence byb Investment

Hungary Golden Visa 2025: Secure a 10-Year EU Residency Through Investment

Hungary encourages non-EU investors to bring capital into the country through the Hungary Golden Visa (Guest Investor) Program, which grants long-term residence permits based on investment. With the regulation that came into effect on July 1, 2024, applicants who make specific types of investments are eligible for a 10-year residence permit. The legal framework and residency regime of the program are shaped by Hungarian Immigration and Foreigners Law, the regulations of the Hungarian National Bank, […]

Company Formation in Turkey: 2025 Updated Guide for Foreign Investors

I. Introduction Turkey remains an appealing destination for international investors aiming to establish a business presence. Positioned at the crossroads of Europe and Asia, it offers significant market opportunities. In 2024, several regulatory updates have been introduced, particularly regarding minimum capital requirements, making it essential for foreign entrepreneurs looking into the procedures of company formation in Turkey to stay informed. Investors planning to form a Joint Stock Company (A.Ş.) or a Limited Liability Company (LTD) […]

CORPORATE TAX IN TURKEY: ESSENTIAL CONSIDERATIONS FOR FOREIGN BUSINESSES

Turkey stands out as a significant hub for investors due to its strategic location, vast market potential, and well-developed production infrastructure. For both domestic and foreign investors planning to establish a company or conduct business activities in Turkey, accurately analyzing obligations of corporate tax in Turkey is of great importance. To operate in compliance with legal regulations, optimize cost advantages, and minimize tax risks, businesses must implement a solid tax planning strategy. Corporate tax, one […]

Divorce in Turkey: Legal Procedures, Rights, and Expert Guidance for a Smooth Process

Divorce is a profound and often emotionally charged process that marks the end of one chapter and the beginning of another. In Turkey, the legal framework governing divorce is outlined in the Turkish Civil Code (Türk Medeni Kanunu), which provides a structured approach to dissolving marriages while addressing critical issues such as child custody, alimony, and property division. Whether you are a Turkish citizen or a foreign resident, understanding the intricacies of divorce in Turkey […]

Employee share ownership in Turkey explained: Share option agreement methods under Turkish Commercial Code (TCC).

Share Option Agreements in Turkey: Legal Framework and Practical Uncertainties

I. Introduction Allowing employees to own company shares and signing share option agreements for this purpose has become an effective method for enhancing employee loyalty and incentivizing performance. While different types of share option agreements are frequently used in practice to achieve this goal, the lack of legal regulations and limitations in practice under Turkish law pose significant challenges for companies in establishing share ownership plans for employees. This article provides an analysis of the […]

Diagram illustrating the process of arbitration in corporate law disputes under Turkish legislation

Arbitration in Corporate Law Disputes: Turkey

Validity of Arbitration Clauses in the Articles of Association, Shareholders’ Agreements, and Joint Venture Agreements In recent years, arbitration in corporate law disputes has become increasingly popular due to the significant advantages it offers over state courts, particularly in commercial matters. Arbitration provides a faster mechanism for dispute resolution, allows parties to appoint arbitrators with specialized expertise, and ensures flexibility and confidentiality throughout the proceedings. It also benefits from the New York Convention on the […]

Aggregator Licenses in Turkey: Key Changes to Turkey's Electricity Market in 2024

Key Changes to Turkey’s Electricity Market: New Aggregator Licenses Explained

I. Introduction The Turkish energy sector is undergoing a transformative shift with the introduction of the Electricity Market Aggregator Regulation, which introduceses the new aggregator licenses, published on December 17, 2024, and set to take effect on January 1, 2025. This new regulation establishes the aggregator as a formal electricity market participant, laying down the legal and operational framework for aggregators to manage and optimize energy production, consumption, and storage across the grid. The introduction […]