Corporate & Commercial Law

Corporate Legal Framework in Türkiye

Corporate and commercial law forms the foundation of most business activities in Türkiye (Turkey), particularly for companies establishing operations, entering commercial relationships or expanding into the market. Businesses operating in Türkiye are subject to legal requirements governing company formation, corporate governance, commercial transactions and regulatory obligations.
Corporate and commercial legal matters in Türkiye typically arise throughout the lifecycle of a business, from company establishment to corporate transactions and restructuring processes.

Company Formation and Corporate Structuring

For businesses entering the Turkish market, corporate structuring and company formation represent the initial legal stages. Investors may establish subsidiaries, branch offices or joint ventures depending on their commercial objectives and operational strategy.

Each structure carries different legal, operational and regulatory implications. The incorporation process generally involves preparation of corporate documentation and registration procedures with the relevant authorities.

Corporate Governance and Compliance

Once established, companies are subject to ongoing corporate governance obligations under Turkish commercial law. These may include shareholder structures, board resolutions, regulatory filings and corporate reporting requirements.

Maintaining compliant governance frameworks is essential to ensure that corporate documentation, including articles of association, shareholder agreements and internal governance arrangements, remains aligned with business operations.

Corporate Transactions and Investment Structures

Corporate transactions such as mergers, acquisitions, share transfers and joint venture arrangements are common within the Turkish business environment. Foreign investors may acquire interests in Turkish companies or restructure their investments as part of broader commercial strategies.

These transactions typically involve legal due diligence, review of transaction documentation and structuring of share purchase agreements and related corporate arrangements.

Commercial Contracts and Dispute Management

Businesses operating in Türkiye regularly enter into supply agreements, distribution contracts, service arrangements and other commercial agreements. Proper drafting and review of these contracts is important for managing legal risk and protecting commercial interests.

Where disputes arise, matters may be addressed through negotiation and settlement processes. Where formal proceedings are required, litigation or arbitration is conducted by lawyers authorised to practise in Türkiye in accordance with applicable legal procedures.

Corporate Restructuring and Closure

Companies may encounter situations requiring corporate restructuring, insolvency procedures or company closure. Proper management of these processes is important to ensure compliance with legal obligations and to minimise potential liabilities.

These processes may involve formal procedures before relevant authorities and require adherence to Turkish legal and regulatory requirements.