Company Executives’ Responsibility Deriving From Tax Penalties Directed To Companies

Company Executives’ Responsibility Deriving From Tax Penalties Directed To Companies Tax penalties and their related public claims arising from the tax investigations or administrative transactions of the tax authorities could be directed to the board members and company executives in Joint-Stock Companies (A.Ş.) and Limited Liability Companies (Ltd. Şti.). In another saying, it can be…

Advantages of Establishing a Joint Stock Company

Advantages of Establishing a Joint Stock Company An average of 150,4700 joint stock companies are established in Turkey. Joint stock and limited companies are the most preferred company types both in Turkey and also in international area. Joint stock companies and limited liability companies are similar to each other, but there are certain differences and…

The Lease Determination Case and the Conditions

The Lease Determination Case and The Conditions The rental price can be freely determined by parties within the framework of the freedom to conclude a contract. However, the Turkish Code of Obligations makes it possible to re-determine the rental price by the court upon request, especially to protect  non-dominant tenant. Rent determination lawsuit is a…

Regarding YEKDEM Applications

Regarding YEKDEM Applications YEKDEM is a mechanism developed to support and encourage renewable energy production in Turkey. The government aims to ensure that renewable energy sources become more attractive to energy investors through this mechanism developed. It is a single annual functioning mechanism, and application dates are vital to take advantage of this incentive. Because…

Can Foreigners Establish A Company In Turkey?

Can Foreigners Establish A Company In Turkey? Is There Any Difference Between Foreigners and Turkish Citizens with Establishing Company in Turkey? The answer is “No”. According to “Foreign Direct Investment Law” numbered 4875 in Turkey, in line with the principle of equal treatment, foreign investors have the same rights as the local investors. This law…

Player’s Receivables Within Scope of COVID-19

Player’s Receivables Within Scope of COVID-19 INTRODUCTION Covid-19 virus, which affected the whole world and disrupted many sectors, had great effects in the sports sector and caused a break in team sports which has lots of contact. In this context, it was also a matter of curiosity about what should be done about the status…