ACQUISITION OF TITLE AND OWNERSHIP RIGHTS Turkish law recognises lands, independent and permanent rights (such as usufruct rights) perfected into the land registry records and independent units registered under the Condominium Law as real property. An individual or a legal entity may own property in the form of full ownership, co-ownership or joint ownership. The ownership may be in the nature...

OTHER FORMSIn addition to the more prevalent joint-stock company and limited liability company, the Turkish Commercial Code also allows for the establishment of general partnerships (kollektif şirket), limited partnerships (komandit şirket) and partnerships limited by shares (sermayesi paylara bölünmüş komandit şirket). (a) General...

Corporate Structures A. Joint Stock Company (a) Overview The main piece of legislation governing commercial companies in Turkey is the Turkish Commercial Code, which entered into force in 1 July 2012. The joint stock company is only one of the corporate structures foreseen by the Turkish Commercial Code, although it remains the most preferred by...

The Turkish legal system is based on a codified civil law system. Under Turkish law, courts are either categorized as judicial courts or administrative courts. Within these two categories, sub-categories exist. For instance, the judicial courts, which constitute the broadest part of the Turkish judicial system, are sub-divided into 2 branches...