Emir Aksoy LL.M, LL.M. IP According to Article 365 of the TCC, the Board is responsible for the management and representation of the company. Board Members are obliged to act in good faith while managing the company. There are two types of liability regimes for Board Members regulated under Turkish Commercial Code (hereinafter will be…

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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