Pi Legal Consultancy

  Pi Legal Consultancy continues to strengthen its global presence with high-value legal insights, international recognitions, and strategic contributions to major global institutions. The firm has launched its newest 2025 article series, beginning with a comprehensive analysis on Debt Collection in Turkey , offering practical guidance for foreign investors, creditors, and international businesses. The article emphasizes that the success of debt recovery in Turkey depends on early strategy, accurate assessment of debtor activity, and distinguishing commercial disputes from fraudulent schemes. In parallel, Pi Legal Consultancy continues to publish News, Insights, and Legal Alerts addressing the latest regulatory developments in Turkey—including a detailed commentary on Turkey’s 2025 Investment Plan , highlighting significant amendments and critical investment clauses relevant to global investors and Turkish business lawyers. PiLC’s long-term consultation and international credibili...

A major regulatory milestone has arrived for the Turkish financial sector.  The Communiqué on the Calculation of Green Assets of Banks, published in the Official Gazette on April 11, 2025, officially introduces Turkey’s first Green Asset Reporting Obligation for banks. This new framework measures how effectively banks contribute to environmentally sustainable economic activities. At its core lies the Green Asset Ratio, a key performance indicator that reflects the share of eligible green assets in banks’ balance sheets. Under the Communiqué, banks must now establish robust systems for:  🔹 Documentation and classification  🔹 Monitoring and verification  🔹 Comprehensive sustainability reporting The Banking Regulation and Supervision Agency (BDDK) will oversee implementation and set the technical screening criteria for environmental objectives—including climate change mitigation, circular economy transition, biodiversity protection and pollution control. Why does thi...

  Yabancı bir mahkemeden aldığınız boşanma, velayet, nafaka veya ticari alacak kararının Türkiye’de geçerli olmasını istiyorsanız, tek başına elinizdeki hüküm yeterli değildir. Türkiye’de yabancı mahkeme kararlarının hukuki sonuç doğurabilmesi için mutlaka tanıma ve tenfiz davası açılması gerekir. Bu süreç, hem iç hukuk hem de uluslararası özel hukuk kurallarının kesiştiği son derece teknik bir alandır ve en küçük usul hatası dahi davanın reddine yol açabilir. Bu kapsamlı rehber, yabancı mahkeme kararlarının Türkiye’de nasıl tanınacağı ve nasıl tenfiz edileceğini adım adım açıklayarak, uluslararası boşanma , ticari alacak takibi , nafaka ve velayet kararları , apostil şartı ve MÖHUK 5718 sayılı Kanun gibi kritik noktaları net bir şekilde ortaya koyuyor. Eğer yurt dışında bir karar aldıysanız ve bu kararı Türkiye’de geçerli kılmak istiyorsanız, izlemeniz gereken tüm hukuki yollar bu yazıda sizin için sade ve anlaşılır bir dille derlendi. Makalemiz için bkz. https://www.pilc.law...

  Turkey’s 2025 Investment Plan: A New Era for Investors and Legal Experts Türkiye’s 2025 Investment Plan, officially adopted by the Coordination Council for the Improvement of the Investment Environment (YOİKK) on 10 July 2025 , marks a pivotal milestone for the country’s economic and legal landscape. This strategic roadmap outlines 39 reform actions across investment, technology, and data governance — from GDPR alignment to AI regulation and green hydrogen development. For foreign investors , the Plan signals stronger transparency, digital integration, and international competitiveness. For Turkish business lawyers , it highlights the importance of proactive legal adaptation and advisory excellence to guide cross-border clients through the evolving investment ecosystem. Take a look at our new article from https://www.pilc.law/2025-turkeys-investment-plan

  Choosing the Right Company Type in Turkey: LLC vs. JSC Explained Starting a business in Turkey requires one essential decision — choosing the right company type. Whether you’re a foreign investor or a local entrepreneur, understanding the differences between a Limited Liability Company (LLC) and a Joint-Stock Company (JSC) is key to your success. This detailed guide walks you through the entire company formation process in Turkey , including the legal requirements, capital rules, shareholder structure, and post-registration obligations under the Turkish Commercial Code. Learn how to register your company through MERSİS , prepare notarized documents, obtain a tax ID, deposit your capital, and meet all compliance steps to launch your business confidently. From choosing between LLC and JSC to completing your registration at the Trade Registry Office , this article explains every stage clearly — backed by insights from Pi Legal Consultancy’s corporate law experts. If you want,...

  Thinking about company registration in Turkey ? While the process involves specific legal steps, it can be broken down into five main stages when managed correctly. Here’s a quick overview for foreign investors: Stage 1: Strategy & Structure. The crucial first step is deciding between a Limited Liability Company (LLC) and a Joint-Stock Company (JSC) based on your capital, liability needs, and business plan. Stage 2: Documentation & MERSİS. This involves drafting the core legal document (Articles of Association) and submitting it via Turkey's online MERSİS system. Stage 3: Notarization & Capital. Key documents are notarized, and for JSCs, a portion of the capital is deposited into a bank account. Stage 4: Trade Registry Filing. All documents are submitted to the local Trade Registry Office for final approval and official incorporation. Stage 5: Post-Formation Activation. After registration, you must register with the tax office and Social Security (SGK) to become ...

Chasing an unpaid debt is frustrating, even more so when your debtor is in another country like Turkey. But don’t write it off just yet! Turkish law offers clear pathways for foreign creditors to recover debt in Turkey . Here’s a simplified overview of your options.       Start Smart: Try Amicable Collection First Before lawyers and courts, always attempt a friendly (but firm) approach. A formal demand letter sent by a local lawyer in Turkey can often be surprisingly effective. It’s faster, cheaper, and preserves the business relationship if possible. If Negotiation Fails: The Legal Routes Turkish law provides two main legal paths for debt collection in Turkey : The Fast Track (Execution Without Judgment): If your debt is based on clear documents (like an invoice) and unlikely to be disputed, you can go directly to the Enforcement Office to start the process. Quick, but relies on the debtor not objecting. The Court Route (Execution Based on Judgment): If the d...