Navigating the intricacies of obtaining a work permit in Turkey, especially within its Free Zones, necessitates a deep understanding of the underlying regulations and procedures. For foreign nationals aspiring to work in Turkey, this guide elucidates the essentials. Deciphering the Work Permit Regulations in Turkish Free Zones The framework governing the acquisition of work permits …
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Tax Refund in Turkey - Procedures Applicable to Imports & Exports 1. Overview Tax refund in Turkey is an issue that needs careful consideration. Turkey has a complex tax system, which can sometimes cause issues to foreign investors when trying to implement a profitable tax structure for their businesses. This is especially the case for …
Av. Ali Yurtsever 1. Overview The main legislation governing the duties, responsibilities and the liabilities of board members of capital companies in Turkey, (JSCs and LLCs) is the Turkish Commercial Code No. 6102, (TCC). As a rule, the TCC requires the Board Members to act as cautious executives and protect the interests of the company …
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A Guide for New Investors from Av. Ali Yurtsever 1. INTRODUCTION - HEALTH TOURISM IN TURKEY Turkey has been a leading force in medical tourism market around the world for some time now. Although the market did take an initial hit with the emergence of Covid-19, it quickly recovered to pre-pandemic numbers once the travel …
1. OVERVIEW Over the past few years, several different developments, both transnational and domestic, have had effect of making capital investment in Turkey a more desirable and approachable prospect for foreign investors. These developments range from global socio-political changes to internal economical issues Turkey has been experiencing these past several years, making it an affordable …
Av. Ali Yurtsever L.L.M Personal Data Processing & LPDP The legal landscape surrounding digital data has been steadily changing and evolving over the years. The overall pace of this change increased with Europe’s implementation of the GDPR, which pushed other countries to adapt to this new set of rules and regulations. To keep up with the …
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Av. Ali Yurtsever L.L.M The Law on Personal Data Protection With the implementation of the Law on Personal Data Protection No. 6698 (‘the LPDP’), new rules and obligations were imposed on data controllers and data processors. The LPDP further stipulated serious monetary fines and prison sentences to those who violate these obligations. Unfortunately, most data controllers/processors …
Av. Ali Yurtsever L.L.M I. Legal Standing of Foreign Academics in Turkey The legal standing of academic personel (and foreign academics) employed in universities have been the subject of long-standing debates, mainly due to the conflicting decisions and precedents issued by the higher courts (Court of Appeals and the Council of State). The main issue with this …
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The Intricacies and Legal Implications of Distribution Agreements in Turkey I. Legal Standing of Distributorship Agreements Distributorship agreements do not have a clear definition under Turkish law and are therefore a complex and unique type of agreement. They can be generally defined as agreements allowing for the distribution of produced goods to customers and end users, …
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Importance of Intellectual Property for Startups For entrepreneurs, registering an IP can be financially challenging and legally complicated, especially during the initial incorporation stage. Considering the value and importance of intellectual assets, it is vital for every startup to have an IP strategy to ensure that these assets are well protected. This may also have …
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