Property Rights
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...
Business Structures Under Turkish Law – 2
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Business Structures Under Turkish Law
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,...
Protection of Foreign Investment
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,...