Newsletter

How To Make A Testament (Will)?

A testament is a written document or a verbal statement that regulates the wishes of the person who leaves an inheritance and the distribution of his/her inheritance after his/her death. In this context, the provisions regarding wills are regulated in the Turkish Civil Code No. 4721 (hereinafter referred to as the "TCC" or "The Law").

What is an Ordinary Partnership?

The 3rd Civil Chamber of the Court of Cassation defines an ordinary partnership agreement as a contract in which two or more individuals or legal entities undertake to combine their efforts, assets, and capital for a common purpose. An ordinary partnership can be formed between two or more companies, or between two or more natural persons. Although ordinary partnerships do not have legal personality, it is possible to liquidate and terminate these partnerships.

New Airbnb Law

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 of 100 days are described as "rental for tourism purposes" and it became mandatory to obtain a permit before making such a rental contract. In addition, many administrative sanctions are foreseen in the law for those who do not have a permit and, in some cases, even for those who have a permit.

White Collar Crime

"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.

Cancellation of the Right to Change to Turkish Flag for Ships

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 the regulation. However, it has been decided that applications previously submitted to Port Directorates and still in process will be concluded by December 31, 2023.

Changes in the Minimum Amount Incorporation Capital of Companies

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.

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 fundamentals of IPR, the two main categories, and how international agreements, such as the TRIPS Agreement, harmonize IPR with international trade rules.

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 investor.

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 activities are subject to supervision and regulation.

Shareholders’ Right To Access Information In Companies

A property can have a single owner or multiple owners. When a property has multiple owners, it is referred to as shared ownership or joint ownership. Shared ownership, also known as co-ownership, means that several individuals own specific shares in an undivided property. Unless otherwise agreed by the co-owners, shares in shared ownership are considered equal.