Emir Aksoy LL.M, LL.M. IP Definition and Duties of the Board of Directors According to Article 365 of the TCC, the Board is responsible for the management and representation of the company, therefore, as the managing body of any joint stock company, it is imperative that the company managers and board members understand the legal…

As part of our share transfer and corporate law series, we already analyzed the rules and procedures of share transfers in Joint Stock Companies (Part-I) and the role of share ledgers in such transactions (Part-II). Due to the complex nature of these transactions, we also created an infographic in order to make the information more…

Establishing a Company in Turkey Ali Yurtsever      I. OVERVIEW There are relatively few capital restrictions imposed upon businesses in Turkey, and although the formation procedures can be quite complex, foreigners are allowed to freely invest in businesses and are even allowed to have full/sole ownership of a capital company. Since it is fairly…

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