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09 May 2016

A Glance At The New Turkish Commercial Code

The new Turkish Commercial Code No. 6102 (hereinafter referred as “TCC” or “the new TCC”) consisting of 1535 articles was adopted by the Turkish Parliament on January 13th, 2011. But, for obtaining the acquiescence of business actors to the new law and allowing relevant institutions to prepare the secondary legislation, the Turkish Parliament decided to put the new code into force after one and a half years. Thus, the new TCC was put into force on July 1st, 2012.

09 March 2016

A Quick Look into the Turkish Tax System

Turkey which is the 18th economy in the world with its 2014 (1) GDP almost reaching 800 billons of US dollars plays a significant role in the global economy. We understand the importance of this role, not only through effects of changes in the Turkish economy on the rest of the world, but also by the fact that more and more foreign investors including huge multinational companies prefer to invest in Turkey. International actors pay attention to some indicators such as law system, political and economic stability, quality of human resources, tax system etc. while they make a decision related investment in Turkey.