Members of ADMD are often asked to participate in legal research and analysis publications and editorials of internationally recognized publication houses. Please follow this link to find some examples of published work including contribution from our lawyers.
The rules and procedures governing corporate investments, including incorporation of capital and personal companies are governed by the Turkish Commercial Code No. 6102 dated January 13, 2011 (TCC) and all relevant regulations and communications.
As the world seems to develop faster and faster, a new gadget has been placed to the disposal of the foreigners and non-resident persons in Estonia, namely the digital identity card also known as e-residency.
Foreigners are allowed to be employed as a member of the academic staff and as a teacher within Turkish schools, however, such educators are required to obtain a work permits (that allows both work and residence in Turkey) in order to work in Turkey.
The law regulating electronic money (e-money) and electronic payments (e-payments) in Turkey, namely the Law on Payment and Security Settlement Systems, Payment Services and Electronic Money Institutions No. 6493 (the "Law") entered into force as of June 27, 2013
The domain names are parts of a larger system (Domain Name System – DNS) that is a hierarchical distributed naming system for computers, services, or any resource connected to internet or a private network.
Liabilities of the Members of the Board of Directors of Capital Companies Under Turkish and Belgian Laws
Considering the significant role endorsed by board members within companies, it is important that directors know in which situations they may encounter civil or criminal liabilities for their actions.
It is customary to increase rents at lease contracts annually almost all around the world. Generally, the main source of such increase is inflation of monetary currencies and revaluation of the properties leased. However, there are legislative restrictions at many jurisdictions, limiting such application or predetermination based on contractual freedom on rental increases.
Capital companies are the most common form of business entities in Turkey utilized by both local and foreign investors. Investors may choose to participate into an already existing capital company or establish a new one. 100% ownership of Turkish corporate entities by foreign companies and/or individuals is permitted.
The (New) Turkish Commercial Code No. 6102 dated July 1, 2012 ('the Law') implemented a number of provisions and brought additional obligations for capital companies. One of such obligations set forth by the Law is the obligation to have a dedicated website. According to Article 1524 of the Law, all capital companies subject to auditing are also required to open a dedicated internet website and publish certain information.
1 Temmuz 2012 tarihinde yürürlüğe girmiş olan 6102 sayılı Türk Ticaret Kanunu ('Kanun'), sermaye şirketleri açısından bir çok yeni düzenleme ve yükümlülükler getirmektedir. İşbu yeni yükümlülüklerden önemli bir tanesi de internet sitesi açma yükümlülüğüne ilişkindir
30 Haziran 2012 tarihli ve 28339 sayılı Resmi Gazete’de yayımlanan 6331 Sayılı İş Sağlığı ve Güvenliği Kanunu (Kanun) uyarınca işyerlerinde tehlike sınıflarına uygun uzmanlık belgesini haiz uzmanların istihdam edilmesi zorunluluğu getirilmiştir.
4857 Sayılı İş Kanunu Kapsamında İş Sözleşmesinin İşletmenin, İşyerinin Ve İşin Gerekleri Nedeniyle Feshi (Ekonomik Nedenlerle Fesih)
4857 sayılı İş Kanununda (Kanun) işçilerin iş sözleşmelerinin hangi durumlarda ve hangi usullerde feshedilebileceği düzenlenmektedir. Kanun uyarınca haklı nedenle fesih ve geçerli nedenle fesih olmak üzere iki farklı fesih mekanizması bulunmaktadır.
Maternity leave (also referred as parental leave, paternity or adoption leave) is a form of an employee benefit that provides paid or unpaid time-off from work for the purposes childbirth or child welfare.
In response to the rapid growth of electronic commerce, as well as the wide-spread use of email, fax, and online resources in the negotiation of contracts, the United States Congress enacted ESIGN in 2000
Canada is one of the world's wealthiest nations, with a high per-capita income and also one of the world's highly developed countries. Canada has a diversified economy that is reliant upon its abundant natural resources and upon trade.
Employment Contract Types & Terms and Conditions Permitted by Law a Comparative Study for Turkish and Lithuanian Laws
An employment contract is as a category of agreement used in labor law to establish basic rights and responsibilities between employees and employers. This document is legally binding and generally will be enforced as long as the terms are not egregious and/or where an employee is not prohibited to contract-away his/her rights under worker protection legislation.
There are two ways for filing for adoption in Turkey. The individuals or the couples (spouses) who would like to adopt a child could apply to provincial offices of Social Services in person (and together in case of spouses) and in writing for determination of a suitable child or the applicants could also apply directly to the child’s parents or his/her legal guardian which process will again be supervised by Social Services.
After Bulgaria became a member of the European Union at 2007, EU acquis became part of Bulgarian domestic law and although Turkey is not a member to EU, accession process as a candidate country covers legal compatibility therefore making both these jurisdictions closer to each other, however, still not fully compatible.
In the past decade purchasing property in Turkey became very popular through holiday home owners and investors worldwide. The first time that it was permitted to foreign buyers to purchase real estate in Turkey was in the year of 1934 with the Property Act.
The main purpose of this brief information note is to discuss the issue of work and residence permits required for foreigners in order to reside and work in Turkey along with some information regarding permanent immigration regulations.
There are different types of commercial companies that are available to establish by investors in Turkey in accordance with the Turkish Commercial Code (TCC). Such commercial companies are governed by specific legal rules which regulate their formation, operation and dissolution.
Suretyship is a kind of security commonly used in business transactions in order to protect creditors from damages providing that debtor fails to fulfill obligations. It is a unilateral contract by which the surety undertakes the obligation of the debtor for the payment of the debt.
Foreign judgments including the ones from arbitration courts or tribunals become recognizable under Turkish law via separate judgment of the Turkish Courts called ‘recognition and enforcement decisions’(in Turkish the procedure is named ‘tenfiz’).
Competition (anti-trust) law was first established with Law No. 4054 titled ‘The Law on the Protection of Competition’ in Turkey. The fourth article of such law titled “Agreements, Concerted Practices and Decisions Limiting Competition” sets different types of principles for purpose.
As the real estate market develops in Turkey the Condominium Law is becoming the center of attention. Turkish Parliament amended the Condominium Law No. 634 with a new Law No. 5711 and it was published in the Official Gazette at November 28, 2007 (‘Turkish Condominium Law’ or ‘TLC’).
According to Article 38 of the Turkish Constitution (TC) “No one shall be punished for any act, which does not constitute a criminal offence under the law in force at the time committed; no one shall be given a heavier penalty for an offence other than the penalty applicable at the time when the offence was committed.
As demand for energy increases in Turkey, investments in this sector is boosting with the help of the government. Incentives focus on renewable energy resources for obvious efficiency and environmental considerations and specifically wind energy investments had been very popular due to vast resources of Turkish geography.
A Brief Q&A for Framework Agreements among Individuals and Brokerage Companies for Stock Market Transactions
Quick and mass trading in securities and other instruments of the capital market requires a special regulation concerning the organization of the market, intermediation in transactions as well as facilitating the investment decision making process.