Turkey’s robust economy and strategic location offer major opportunities for international businesses. However, navigating commercial law in Turkey requires a detailed understanding of local regulations, contract law, and corporate governance. At ER&GUN&ER Turkish Law Firm, our English-speaking Turkish lawyers guide foreign companies through complex business transactions and legal compliance issues with expertise and precision.
Key Aspects of Commercial Law in Turkey
- Turkish Commercial Code (TCC): Governs companies, commercial contracts, negotiable instruments, and bankruptcy matters.
- Corporate Structuring: Joint stock companies (A.Ş.), limited liability companies (Ltd. Şti.), and branch offices.
- Business Contracts: Drafting and negotiation of contracts including supply, distribution, franchising, and agency agreements.
- Corporate Governance: Shareholder meetings, board resolutions, and compliance obligations.
- Commercial Litigation: Handling business disputes through Turkish courts or arbitration.
Common Corporate Transactions Handled Under Turkish Law
- Share purchase and sale agreements
- Joint venture agreements
- Asset transfer and acquisition transactions
- Commercial lease agreements
- Distribution and agency agreements
Risks Foreign Companies Must Watch in Commercial Deals
- Ambiguous or poorly drafted commercial contracts
- Unclear dispute resolution clauses
- Failure to meet regulatory licensing or reporting obligations
- Tax and customs compliance issues in cross-border transactions
- Inadequate due diligence before mergers or acquisitions
Why Work with an English-Speaking Turkish Corporate Lawyer?
- Drafting and reviewing bilingual commercial contracts
- Advising on corporate structuring and business formation
- Negotiating and closing cross-border deals
- Protecting foreign investors through strong legal safeguards
- Representing companies in Turkish commercial courts and arbitration tribunals
Internal Link: Related Business Legal Services
Learn more about setting up your company in Turkey:
👉 Setting Up a Branch Office in Turkey
Frequently Asked Questions (FAQs)
- Can foreign companies sign contracts governed by Turkish law? Yes. Contracts between foreign companies and Turkish entities can be governed by Turkish law and enforceable in Turkish courts.
- Is it necessary to have a Turkish version of business contracts? For court enforcement purposes, a Turkish translation is highly recommended.
- Do Turkish courts accept arbitration clauses? Yes. Arbitration clauses are recognized and enforced under Turkish law.
- Can foreign investors own 100% of Turkish companies? Yes. Foreigners can fully own Turkish companies without local partners.
- What are the best company types for foreign investors in Turkey? Joint Stock Company (A.Ş.) and Limited Liability Company (Ltd. Şti.) are the most common structures.
- Why ER&GUN&ER? Because we are a leading Turkish law firm specializing in commercial law, corporate transactions, and cross-border business services for foreign investors.
If your company is planning to engage in commercial transactions in Turkey, trust ER&GUN&ER Law Firm for strategic, bilingual, and full-service legal support to ensure your business success.