The new Turkish Commercial Code ["TCC"], which will become effective on July 1, 2012.

Since the 1990s, businesses in Turkey were in urgent need of a new Commercial Code redesigning principal business transactions and rationalising corporate legal proceedings.

Turkey has become a new economic powerhouse and an ideal location for production with its unique geopolitical status giving direct access to Europe, Caucasus, Central Asia, the Middle East and North Africa.

Turkey, as a fast developing country linking Asia to Europe, is also a dynamic and attractive market in terms of media investments.