Turkey: Insolvency/Bankruptcy

Bu çalışma, Danıştay'ın son dönem içtihatları çerçevesinde şirketlerin vergilendirilmesine ilişkin güncel ve tartışmalı alanları incelemeyi amaçlamaktadır...

Against this background, any strategy for debt collection for foreign creditors should assess the enforcement track according to the nature of the claim, the assessment of recoverability, the debtor’s options to object to the payment or enforcement order, mandatory mediation and the litigation stage in resolving an objection, collection through attachment and electronic sale, and, for foreign creditors, the security deposit and collection following enforcement of a foreign judgment should all be assessed together.

For foreign judgment enforcement in Turkey, recovery on a foreign decision should be seen as two distinct stages, making the decision enforceable in Turkey, and then actually collecting the debt. That said, the time between those two stages matters can be equally important as the stages themselves. While foreign judgment enforcement in Turkey is pending, a debtor who disposes of assets can render the decision worthless. The success of the recovery therefore often depends on securing the claim from the very outset.

Law No. 7571 Amending the Turkish Criminal Code, Certain Laws, And Decree Law No. 631 ("11th Judicial Package") was published in the Official Gazette number 33118 dated 25 December 2025...

In many jurisdictions around the world and in the Republic of Türkiye, stakeholders in the country's economy, particularly credit market participants, are heavily influenced by the insolvency and corporate reorganisation regime in force.

Ekonomik sistemin döngüsel yapisi, dönemsel krizleri ve ani likidite daralmalarini kaçinilmaz kilar.

Article 376 of the Turkish Commercial Code No. 6102 ("TCC") regulates the determination of capital loss and insolvency situations in companies, and the procedures and principles to be followed in such cases are detailed in the "Communiqué on the Procedures and Principles.

The Amending Communiqué entered into force on the date of its publication in the Official Gazette, 10 December 2025.

Değişiklik Tebliği, Resmî Gazete'de yayımlandığı tarih olan 10 Aralık 2025'ten itibaren yürürlüğe girdi