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Showing posts from October, 2024

Dispute Resolution Service in Turkey

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  Dispute resolution service requires an innovative and comprehensive strategy for each case. Overall, there are a wide variety of methods for conflict resolution at the domestic or international level. Dispute resolution service lawyers have a substantial impact upon concluding disputes between parties. Dispute resolution service lawyers have been at the center of providing best results for their clients. It has been already established that dispute resolution service is very essential to provide a chance of success.   What are the 4 types of dispute resolution service in Turkey? It is significant at the outset that there are four main accepted forms of conflict resolution: negotiation, mediation, arbitration and litigation. Firstly, negotiation brings partners together with a view to solving the relevant dispute on their own. Second popular dispute resolution tool is mediation. Indeed, mediation requires the existence of a neutral third-party assuming responsib...

Corporate Governance Consulting

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Corporate governance consulting  plays an essential role in enhancing the efficiency and sustainability of companies operating in Turkey. The country hosts a wide range of domestic and international firms, all of which must navigate a dynamic legal and commercial landscape. Corporate governance consulting ensures that companies comply with international standards while optimizing their management, auditing, and operational structures. By implementing best practices in corporate governance, companies can not only improve their competitiveness but also ensure long-term growth. What is Corporate Governance in Turkey? Corporate governance refers to a framework of rules, practices, and processes that direct and control a company. The primary responsibility for corporate governance typically lies with the board of directors, who are accountable for managing senior leadership, conducting audits, and organizing key meetings, such as general assemblies and board meet...

Company Establishment in Turkey

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Company establishment in Turkey  has become a popular avenue for both foreign and domestic investors, offering numerous benefits such as a young population, favorable currency rates, and decreasing production and labor costs. The dynamic economy, strategic location, and favorable regulatory framework have made Turkey an attractive destination for businesses aiming to expand in the region.   Legal Framework The foundation of company registration  in Turkey  is governed by the Turkish Commercial Code (Law No. 6102) . This key legislation outlines the legal requirements for forming a company, regardless of whether the business is owned by domestic or foreign entrepreneurs. Complementary laws, such as the Turkish Code of Obligations (No. 6098)  and Turkish Civil Code (No. 4721) , also play a role in specific aspects of company operations. Under the law, companies in Turkey acquire legal personality upon registration with the Trade Registry , meaning they are recogni...