Newsletters

Prohibition Of Competition For Board Of Directors

Prohibition Of Competition For Board Of Directors As  stated in the Turkish Code of Obligations, the Board of Directors has an obligation of loyalty to the company, as  a result prohibition of competition arises for the Board of Directors. While the prohibition of competition can be remove with a decision of the general assembly, if…

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THE LEASE DETERMINATION CASE AND THE CONDITIONS

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 …

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New Publication: How to do Bussiness in Turkey

New Publication: How to do Bussiness in Turkey A comprehensive Guideline for investors, executives, and entrepreneurs.Please click here to reach. New Publication: Turkish Citizenship Read more New Publication: How to do Bussiness in Turkey Read more

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New Publication: Turkish Citizenship

New Publication: Turkish Citizenship A comprehensive Guideline for investors, executives, and entrepreneurs.Please click here to reach. New Publication: Turkish Citizenship Read more New Publication: How to do Bussiness in Turkey Read more

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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…

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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…

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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…

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Tax Impact Of Sponsorships In Health Care

Tax Impact Of Sponsorships In Health Care What Is Sponsorship ? Sponsorship is an agreement made by companies or real person traders in kind and material terms with the person or institution they want to sponsor.Within the scope of the sponsorship activity that will take place in kind sponsorship, institutions sponsor the person or institution…

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Tax Advantages of Joint Stock Companies

Tax Advantages of Joint Stock Companies There are significant differences in favor of the joint stock company partners as opposed to the limited liability company partners in taxing the income generated by withdrawal from the company. The most important reason for this is the significant taxation of limited liability company share transfers which is due…

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