219 terms found

Interest

🏷️ Turkish: Faiz The fee paid for borrowing money. The Central Bank of Turkey sets benchmark interest rates that influence bank loans and deposits. 💡 Example: When you open a...

International Protection Applicant

🏷️ Turkish: Uluslararası Koruma Başvurusu A person waiting for a decision on their asylum or refugee status who receives temporary legal stay and limited rights in Turkey. 💡 Example: While...

Invoice

🏷️ Turkish: Fatura An official commercial document issued for goods or services, mandatory for VAT and tax compliance in Turkey. 💡 Example: You must issue a commercial invoice for every...

Joint Stock Company (A.Ş.)

🏷️ Turkish: Anonim Şirket A large corporate structure suitable for businesses planning to raise capital or go public, requiring a board of directors. 💡 Example: If you plan to list...

Joint Venture

🏷️ Turkish: Ortak Girişim A business partnership where two or more parties share ownership, risks, and profits of a specific commercial project. 💡 Example: A foreign tech firm and a...

Land Registry

🏷️ Turkish: Tapu ve Kadastro Müdürlüğü The official government office that records property ownership, maps land parcels, and transfers title deeds across Turkey. 💡 Example: You will receive your official...

Law on Foreign Direct Investment

🏷️ Turkish: Doğrudan Yabancı Yatırımlar Kanunu The law that allows foreigners to establish companies and transfer shares freely, ensuring equal treatment with local investors. 💡 Example: This law ensures that...

Lawyer

🏷️ Turkish: Avukat A legal professional who represents clients in court and provides expert advice on various legal and commercial matters. 💡 Example: You should hire an experienced lawyer to...

Lease Agreement

🏷️ Turkish: Kira Sözleşmesi A legal contract between a property owner and a tenant specifying rent, duration, and the terms of property use. 💡 Example: Your lease agreement must clearly...

Lease Registration

🏷️ Turkish: Kira Beyannamesi The mandatory electronic filing of rental contracts with the tax office, which is primarily the landlord’s legal responsibility. 💡 Example: Your landlord is required to register...

Ledger

🏷️ Turkish: Defter An official book where all company financial transactions are recorded, which must be notarized at the start of each year. 💡 Example: Your licensed accountant must notarize...

Legal Consulting

🏷️ Turkish: Hukuki Danışmanlık Professional advice regarding company formation, contract drafting, legal compliance, and dispute resolution within Turkey. 💡 Example: We offer legal consulting to help you understand the specific...

Legal Dispute

🏷️ Turkish: Hukuki Uyuşmazlık A conflict between parties that can be resolved through a court ruling or alternative methods like arbitration or mediation. 💡 Example: If a supplier fails to...

Legal Representative

🏷️ Turkish: Yasal Temsilci A person or entity legally authorized to act on behalf of another party in official and commercial matters. 💡 Example: Your company's legal representative is authorized...

Legalisation

🏷️ Turkish: Konsolosluk Tasdiki An alternative to apostille for countries not part of the Hague Convention, performed at Turkish consulates to validate documents. 💡 Example: If your home country does...

Liaison Office

🏷️ Turkish: İrtibat Bürosu A representative office used for market research and liaison that is strictly forbidden from engaging in commercial sales or invoicing. 💡 Example: You can open a...

License

🏷️ Turkish: Lisans Permission from a government authority required to operate specific types of businesses, such as energy, banking, or insurance. 💡 Example: To operate a renewable energy plant, you...

Licensing Agreement

🏷️ Turkish: Lisans Anlaşması A contract allowing one party to use another party’s intellectual property, such as a patent or trademark, under specified terms. 💡 Example: You can sign a...

Lien

🏷️ Turkish: Rehin A legal claim against a property used as collateral for a debt that must be cleared before the property can be sold. 💡 Example: A bank may...

Limited Company (Ltd. Şti.)

🏷️ Turkish: Limited Şirket The most common company type for foreign investors due to limited liability protection and lower minimum capital requirements. 💡 Example: Most foreign small business owners choose...