Turkey: Corporate and Company Law

The Turkish Competition Board (“Board”) issued its decision concerning the final notification for the transfer of the operating right for pilotage services in the Ambarlı Regional Service Area (“Ambarlı”) through a tender process (“Decision”) .

This comprehensive guide outlines the critical steps and considerations for successfully completing M&A transactions in Turkey, from verifying closing conditions and regulatory approvals...

The Natural Gas Market License Regulation (the “Regulation”) regulates the licensing system in detail and treats a license as an authorization granted by the Energy Market Regulatory Board (the “Board”) to legal entities for the purpose of carrying out market activities. In this respect, a license is not merely an authorization document obtained at the commencement stage of activities; it is also a regulatory instrument that ensures that the license holder’s scope of activity, shareholding structure, trade name, facility information and other license elements remain up to date.