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Browse our 4 legal articles about Business in Turkey written by expert lawyers.
The district of Cankaya is a business hub in Turkey, hosting several multinational companies, startups, and local businesses. Business laws in Cankaya govern commercial and corporate affairs, including but not limited to business formation, mergers and acquisitions, shareholder rights, contract law, and intellectual property rights. It's worthy to note that business laws are unified across all of Turkey, but local regulations and customs may vary.
Legal advice is often required in business operations. Whether you're starting a new venture, negotiating contracts, dealing with litigation, tax issues, or managing internal affairs such as employment contracts and shareholder agreements, a lawyer can provide valuable guidance to avoid potential issues and navigate complex regulatory landscapes. Lawyers also help in maintaining compliance with local and national laws.
In Turkey, business activities are primarily governed by the Commercial Code, the Code of Obligations, and specific laws regarding capital markets, competition, and intellectual property. Businesses in Cankaya must comply with these laws alongside regional regulations in Ankara Province. These local regulations may concern zoning rules, issuance of business licenses and permits, advertising rules, and health and safety regulations. A deep understanding of these laws is essential to avoid any legal complications.
Yes, Turkey promotes foreign investment, and foreigners can establish a business under the same conditions as Turkish nationals. However, certain fields may have restrictions or additional conditions for foreign investors.
Turkey has comprehensive laws to protect Intellectual Property rights, including patents, trademarks, industrial designs, and copyright. IP protection is offered under various laws such as Decree Law on the Protection of Trademark and Patent Law.
Businesses in Cankaya frequently encounter issues related to contract disputes, compliance with local regulations, labor and employment issues, and tax disputes. In such cases, legal guidance can prove invaluable.
Turkish Labor Law provides comprehensive regulations for businesses in terms of conditions of employment, social security, wages, and termination of employment among other things. Employers must familiarize themselves with these provisions to ensure compliance.
One can approach a law firm specializing in corporate law, hire an independent lawyer, or seek legal advice from business associations or governmental bodies offering legal aid or consultations.
You can seek advice from business associations in Turkey, such as the Turkish Industry and Business Association (TUSIAD), The Union of Chambers and Commodity Exchanges of Turkey (TOBB), or the local Chamber of Commerce in Cankaya. Additionally, the Investment Office of the Presidency of the Republic of Turkey provides comprehensive resources for foreign investors and businesses.
If you're in need of legal assistance, identifying your requirements is the first step. Look for law firms or lawyers who specialize in your areas of need and set up a consultation. Prepare for this meeting by detailing your legal issues, collecting relevant documents, and creating a list of questions to clarify your concerns. With professional help, you'll be able to navigate through any legal difficulties smoothly.
Lawzana helps you find the best lawyers and law firms in Cankaya through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Business, experience, and client feedback.
Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters.
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Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation.
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