Blog

Liabilities of Company Managers in Turkey

For any limited liability company operating in Turkey, knowing the Liabilities of Company Managers in Turkey is not just wise but crucial for protecting against potential legal repercussions. The significance of corporate compliance in this scenario is paramount, as it directly impacts the strategic decision-making and operational frameworks of businesses, ensuring they are in line...

Obtaining Apostille Documents in Turkey: A Comprehensive Guide

Obtaining Apostille Documents in Turkey necessitates a comprehensive understanding of the Hague Convention, to which Turkey has been a significant contributor since its adoption on September 29, 1985 14. This international treaty streamlines the legalization process of documents among member states, facilitating the smooth authentication of official documents, including powers of attorney and other legal...

How to Navigate in the Turkish Legal System as an Angel Investor

Angel investing, a critical venture capital source, involves individuals known as business angels (BAs) providing startups or scale-up companies with capital for convertible debt or ownership equity. This investment strategy plays a pivotal role in the entrepreneurial ecosystem of Turkey, nurturing innovation and fostering growth within the country’s burgeoning markets. To navigate the Turkish legal...

Successful Crowdfunding in Turkey has emerged as a pivotal leverage for small businesses and startups aiming to bridge financing gaps, optimizing various models like equity-based, debt-based, donation-based, and reward-based funding 1. This financing innovation not only grants access to necessary capital but also serves as a dynamic marketing platform, utilizing the internet to connect with a potential...

The Evolution and Impact of Hardware as a Service in Turkish Law

The rapid expansion of the Hardware as a Service in Turkish Law (Haas) market is reshaping industries across the globe, presenting new opportunities and challenges 14. With a projected growth to reach USD 257.03 billion by 2030, the implications for Turkish law and business practices are profound 4. Especially within Turkey’s legal framework, Hardware as a Service in Turkish...

Achieve Quick Business Establishment with Fast Company Setup in Istanbul

Achieving quick business establishment is paramount in today’s fast-paced economic landscape, and Istanbul stands as a beacon for fast company setup, thanks to its strategic position that bridges Europe and Asia12. The city not only offers a dynamic environment conducive for startups and rapidly growing companies but also ranks as a prominent location for non-resident company registration12. This...

How to Draft Legal Contracts in Turkey

In the course of business operations, contracts are a fundamental tool and how to draft legal contract is a question that should have a ready answer by everyone who plans to establish business relationships, transactions, and commitments. Understanding how to draft legal contracts is crucial for small business owners, entrepreneurs, and senior management. This knowledge...

Terminating Employment Contract Without Compensation in Turkey

Terminating Employment contract without compensation is the most difficult scenario especially if your employment contract wasn’t drafted by a legal consultant.  They dictate the terms and conditions of a relationship, setting the expectations for all parties involved. However, circumstances may arise necessitating the termination of these contracts. In Turkey, the process of terminating a contract,...