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Showing posts from February, 2023
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  Oil Market Activities in Turkey  Pi Legal Consultancy Introduction Overall, this article mainly focuses on the oil market activities in Turkey. A robust investment strategy is needed for the irreplaceable action plan on oil-centric business in Turkey. It is remarkable to emphasize at the outset that the oil market is under the strict control of the Turkish government.  For our work and all legal services on the matter of corporate governance, please click our “Practice Areas”, titled “Investment Advice” . What kind of activities may be carried out in the oil sector?  Of course it depends on the country profiles and relevant legal or regulatory framework. Nevertheless, following activities are of great importance in every jurisdiction:  -oil investigation permit, -oil exploration or exploratory drilling activities,  -using the state jurisdiction only for “a transfer country” for oil, -buying processed petroleum derivatives,  -the purchase of crude oil...

Deportation of Foreigners in Turkey

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  Introduction This article, mainly, is designed for introducing deportation of foreigners in Turkey. It is important to note at the outset that there are criminal and administrative sanctions upon the violation of residency norms in Turkey. Immigrant lawyers and practitioners must be aware of all key parameters of removal or return orders and legal actions against them. For our work and all legal services on the matter of corporate governance, please click our “Practice Areas”, titled “ Citizenship ”. What is the meaning of a residence permit? In general, “residence permit” is accepted to mean an official document allowing relevant individuals to live in a country that they are not born in. It is significant to observe that the term “residence permit” does not imply permanent residence. Residence permit covers a “temporary residence permit”, granted to a foreigner for a specified period of time. From that sense, residence permits are subject to a regular renewal. What are key lega...

Franchising in Turkey

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  This article will explain key legal components of franchising in Turkey . It is widely recognized that franchising began in the United States. Though, it is beyond doubt that the franchising system is very useful to do business for foreign corporations within the jurisdiction of Turkey. There has been an increasing interest in the Turkish franchise sector. What are the Main Legal Instruments Applicable to Franchising in Turkey? It is interesting and problematic that currently there is no specific Turkish legislation stipulating the scope of franchise agreements. What is more, the Block Exemption Communiqé on Franchise Agreements No:1998/7 was abolished with the entry into force the Block Exemption Communiqué on Vertical Agreements (No:2002/2). Hence, the franchise agreement is deemed as a “sui generis” type of contract. It is alo instrumental to stress that  relevant articles of a number of norms on contracts apply to the franchising in Turkey:  Turkish Code of ...