Turkey: Corporate and Company Law

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Article
Second-Stage Reform On The Turkish Merger Control Regime: From Communiqué To Guidelines
In February 2026 the Turkish Competition Authority (“TCA”) substantially overhauled Communiqué No. 2010/4 concerning mergers and acquisitions requiring the approval of the Competition Board, raising the turnover thresholds, redefining the concept of “transaction party”, recalibrating the technology-undertakings exception, and codifying coordination-risk review for full-function joint ventures.
Turkey Anti-trust
BS
Balcioglu Selçuk Eymirlioglu Ardiyok Keki Attorney Partnership
Article
Prensipte Serbest, Pratikte Sıkı: Türkiye’de Grup İçi Kredilere Genel Bakış
Grup şirketleri arasında finansman ihtiyacının karşılanması amacıyla yaygın olarak kullanılan araçlardan biri grup içi kredilerdir. Holding yapılarında ve çok uluslu şirket gruplarında bu tür borçlanmalar operasyonel esneklik ve maliyet avantajı sağlar. Ancak Türkiye’de grup içi krediler, tek bir mevzuata değil; borçlar hukuku, ticaret hukuku, bankacılık hukuku, vergi hukuku ve sermaye hareketleri rejiminin kesişimine tabidir.
Turkey Commercial
GT
Gen Temizer
Article
Free In Principle, Strict In Practice: An Overview Of Intra-Group Loans In Türkiye
One of the most commonly used instruments for meeting financing needs among group companies is intra-group loans. Particularly in holding structures and multinational corporate groups, such borrowings provide operational flexibility and cost efficiency. However, in Türkiye, intra-group loans are not subject to a single set of rules; rather, they fall within the intersection of contract law, corporate law, banking law, tax law, and the capital movements regime.
Turkey Commercial
GT
Gen Temizer
Article
Capital Maintenance After Incorporation: The Two-Year Rule Under Article 356 Of The TCC
Article 356 of the Turkish Commercial Code (“TCC”) introduces specific restrictions on certain acquisition and lease transactions carried out by joint stock companies within the first two years following their incorporation. The primary purpose of this provision is to safeguard the company’s share capital, which constitutes a fundamental guarantee for creditors
Turkey Commercial
EG
ELIG Gürkaynak Attorneys-at-Law
Article
Unlicensed Electricity Generation Regulation Changes
Turkey's 2026 amendments to unlicensed electricity generation regulations introduce significant structural changes affecting renewable energy investors, including hourly netting mechanisms, stricter capacity controls, and expanded market operator responsibilities. These modifications reshape the balance between generation flexibility and system oversight, with implications for project economics, storage integration, and aggregation activities.
Turkey Energy
K
Kesikli Law Firm
Article
Term Sheets In Turkish Venture Capital Transactions: Legal Enforceability And Two Common Pitfalls
A term sheet is the first substantive document exchanged in a venture capital transaction. It records the commercial and legal parameters that the parties have agreed in principle (e.g., valuation, investment amount, governance rights, exit mechanics) and signals that serious negotiations have begun. In the United States, where the global VC standard was established, the term sheet is a largely standardized instrument governed by well-developed transactional practice and a deep body of Delaware case law.
Turkey Commercial
FE
Fidanci & Esin Partners
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