🏷️ Turkish: Türk Ticaret Kanunu (TTK)
The primary legal framework governing all companies, trade practices, and corporate governance in Turkey.
💡 Example: The Turkish Commercial Code defines the rules for how your company’s board of directors must be managed.
🔗 Related Service: Legal & Tax Consulting
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🏷️ 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 must first obtain a generation license from the energy market regulatory authority. 🔗 Related Service: Legal & Tax Consulting 📎 Need help? Book a Free…
🏷️ Turkish: Değerleme Raporu An official assessment of a property’s market value, mandatory for citizenship and mortgage applications. 💡 Example: The land registry will use the valuation report to verify that your property meets the $400,000 threshold for citizenship. 🔗 Related Service: Investment Advisory 📎 Need help? Book a Free Consultation here: /contact
🏷️ Turkish: Kapora An advance payment made by a buyer to a seller to secure a property or service during negotiations, . 💡 Example: You will typically pay a 5% deposit to the seller when signing the preliminary contract for your new apartment . 🔗 Related Service: Investment Advisory 📎 Need help? Book a Free…
🏷️ Turkish: Tahkim A method of resolving legal disputes outside of traditional courts through a neutral third party,, . 💡 Example: Many investors include an arbitration clause in their contracts to avoid lengthy local court proceedings, . 🔗 Related Service: Legal & Tax Consulting 📎 Need help? Book a Free Consultation here: /contact
🏷️ Turkish: Yetkilendirme İmzası The signature of a person legally empowered to represent and bind the company in official and financial matters,. 💡 Example: The company manager uses their authorization signature to open corporate bank accounts and sign lease agreements,. 🔗 Related Service: Company Formation in Turkey 📎 Need help? Book a Free Consultation here:…
🏷️ Turkish: Emsal The ratio of a building’s total floor area to the size of the land it sits on, controlling development density,,, . 💡 Example: You must check the emsal ratio of a plot of land to see how large a building you are legally allowed to construct, . 🔗 Related Service: Investment Advisory…