Turkish Cash Repatriation Law Turkey Extends the Law on Cash Repatriation until 30 June 2020 Turkish Cash Repatriation Law is a temporary law that allows individuals and companies to transfer their money, gold, foreign currency, movable property and other stocks to Turkey without any tax inspection, criminal investigation, penalty or
Turkey’s New Data Privacy Law and Compliance of Companies Personal Data Protection Law (KVKK), the Turkish counterpart of the European General Data Protection Regulation, passed in 2016 but came into full effect throughout 2019. Under KVKK, personal data is any data that can identify a person directly or indirectly. In
State Incentives for Foreign Investors in Turkey Disclaimer: The information provided in this article is general, incomplete and does not constitute financial, tax or legal advice. I. OVERVIEW Over the past fifteen years, Turkey has started a lot of incentive programs that encourage start-ups, entrepreneurs, businesses and investors. The programs
WHICH TYPE OF COMPANY TO INCORPORATE IN TURKEY? 10 Major Differences Between Limited Liability Companies and Joint-Stock Companies In Turkish corporate law, the two most-commonly seen commercial legal entities are limited liability companies and joint-stock companies. For foreign investors, it can be complicated when it comes to decide whether to
SHAREHOLDERS’ PROHIBITION OF COMPETITION IN JOINT-STOCK COMPANIES Baris Erkan CELEBİ, Attorney at Law ABSTRACT In joint-stock companies law, it is prohibited for people who are involved in the decision-taking mechanism of the company to carry out commercial transactions independently from the company within the work field of