Corporate Law
Within the complex structure of the business world in Turkey, corporate law and commercial law are of vital importance for companies to carry out their activities on a legal basis. These two areas, like two sides of the same coin, affect every stage of companies, from their establishment to their closure, from their daily operations to their strategic decisions.
Corporate law deals with many issues, from how a company is established to what its management structure will be, and how the relationships between partners will be regulated. For example, will you establish a limited liability company or a joint-stock company? How will the rights and responsibilities between you and your partners be determined? The answer to all these questions lies within corporate law. This branch of law ensures that companies are established on solid foundations and continue their activities within legal boundaries.
Commercial law, one might say, keeps its finger on the pulse of the business world. It includes regulations on a wide range of issues, from the preparation of commercial contracts to the resolution of commercial disputes, from checks and promissory notes to bankruptcy proceedings. Imagine that a goods sales contract will be signed between two companies. It is crucial that this contract is prepared in a way that protects the rights of both parties in order to prevent potential problems. Commercial law comes into play precisely at this point.
Commercial law in Turkey has a dynamic structure. Constantly changing economic conditions, new technologies, and global developments necessitate continuous updates in this area as well. For this reason, it has become not a luxury but a necessity for companies to receive support from expert legal consultants in order to be familiar with current legal regulations and minimize potential risks. In short, corporate law and commercial law are an indispensable part of doing business in Turkey.