Transfering Shares and Possibilities of the Shareholder Whose Share Transfer Agreement Isn’t Approved February 1, 2024 How to Transfer Shares in Joint Stock or L.L. Companies? What are the Possibilities If the Share Transfer Agreement is not Approved? What is a share? According to the dictionary, a share is defined as “a portion of a…
New Airbnb Law January 18, 2024 Both “Law No. 7464 on Renting of Residences for Tourism Purposes and Amendments to Certain Laws” (“Law”), commonly known as the Airbnb Law, and ” Regulation for Residential Rentals for Tourism Purposes” (“Regulation”) entered into force as of 01.01.2024. With this law, rentals of residences for a maximum period…
White Collar Crime January 08, 2024 “White collar crimes”, which have recently occupied a lot of space in the public opinion, entered the legal literature in the last century and broke the usual perception of guilty people. With the development of commercial activities and economic relations, many rules and limitations have been introduced in the…
When The Mutual Performance Balance in Contracts is Disrupted Due to Changes in Conditions (Adaptation Lawsuits) December 18, 2023 THE PRINCIPLE OF FIDELITY As a requirement of the constitutional right “freedom of contract”, everyone is free to make the contract he wants, with the person he wants, in the way he wants, within the limits…
Cancellation of the Right to Change to Turkish Flag for Ships December 14, 2023 With the mentioned regulation, the right to transfer foreign-flagged yachts located abroad to the Turkish flag, as in the regulation prior to the temporary article, has been eliminated, along with and the right to apply with the permission procedure as before…
Amendment to the Legislation on the Acquisition of Turkish Citizenship December 14, 2023 The amendment on the acquisition of the exceptional Turkish citizenship (purchasing a real estate worth USD 400,000 or more) was published in the Official Gazette dated 12.12.2023. With the amendment published and entered into force on 12.12.2023, the nature of the…
Changes in the Minimum Amount Incorporation Capital of Companies November 28, 2023 According to the Presidential Decree dated 25 November 2023 and numbered 32380 and the Correction dated 26 November 2023 and numbered 32381 published in the Official Gazette, the minimum amount of capital required for the establishment of companies has been increased. Pursuant to…
International Protection of Intellectual Property Rights In today’s globalized world, intellectual property rights (IP) rights play a pivotal role in fostering innovation, creativity, and economic growth. As a leading law firm, we understand the significance of IP rights in protecting your creations and innovations on an international scale. In this article, we will explore the…
Startup Law Series- 1 What is Startup Law? In general, Startup is the implementation of a new business idea/model with the purpose of solving a problem. The concept of startup, which includes multiple areas of expertise and the requirements of commercial life, is closely related to the legal order that binds the entrepreneur and the…
E-Commerce Platforms Legal Obligations Under Turkish E-Commerce Law E – Commerce, in the simplest definition, is a type of trade that covers buying and selling goods and services over the internet. While this system, which emerged with the electronic revolution, significantly facilitates our lives; There is also a legal system to which e – Commerce…