Building Success: How a Turkish Corporate Lawyer Can Support Your Business

Nov 5, 2024

4 min read

Updated: Oct 10

Running a business in Turkey is exciting, but it comes with challenges. From setting up your company to meeting complex legal requirements, a Turkish corporate lawyer on your side can make a big difference. Corporate lawyers help businesses stay compliant, avoid problems and make informed decisions.

At Canko Law Firm, we specialise in clear, reliable legal support for businesses of all sizes. Here is how we can help your company grow in Turkey. You can also discover professional support from a Turkish lawyer for your wider needs.

How can a Turkish corporate lawyer help?

Corporate lawyers handle many areas of corporate law and commercial law. Their work helps your company run smoothly. Here are the key ways they can help.

1. Starting a business

Getting your business up and running is the first step. Company formation in Turkey follows the Turkish Commercial Code. A corporate lawyer can:

Help you choose the right legal structure, such as a limited liability company or a joint stock company.
Register your company with the Turkish authorities.
Prepare legal documents such as articles of association or shareholder agreements.

This makes sure your business is set up legally and ready to operate. A Turkish company is a separate legal entity, so the choices you make at the start matter.

2. Drafting and reviewing contracts

Contracts are a big part of running a business. A lawyer can:

Write clear, fair contracts to protect your interests.
Review agreements before you sign, to avoid future problems.
Help enforce contracts if the other party does not follow through.

This covers contracts with employees, suppliers, clients and business partners. It also covers distribution agreements and similar commercial deals.

3. Corporate compliance and governance

Every business in Turkey must follow specific laws and regulations. A corporate lawyer helps you stay compliant by:

Advising on tax and financial rules, together with your accountant.
Making sure your company meets its annual reporting duties.
Supporting good corporate governance, such as keeping board and shareholder records.
Helping you adapt to changes in Turkish business law.

Regulatory compliance prevents legal issues and protects your company's reputation.

4. Resolving disputes

Disagreements happen in business. A corporate lawyer can help you resolve them. This might include:

Negotiating with the other party to reach an agreement.
Representing you in court or arbitration if necessary.
Helping you recover unpaid debts or damages.

Quick and effective dispute resolution keeps your business running smoothly.

5. Mergers and acquisitions

If you plan to buy or merge with another company, a corporate lawyer can guide you. Their work includes:

Legal due diligence, which checks the other company's financial and legal health.
Drafting agreements to protect your investment.
Handling approvals and paperwork.

Support for foreign investors

Turkey welcomes foreign direct investment. In general, foreign investors can set up the same types of company as local investors. Foreign companies can also open branch offices or liaison offices. A branch office can carry out business, while a liaison office usually has a narrower role. A lawyer can explain which route fits your plans.

If you are a UK business, the UK government publishes overseas business risk guidance for Turkey. It gives an outline of the risks and rules. It is not a substitute for legal advice.

Intellectual property and employment

A growing company also needs to protect its brand and ideas. Corporate lawyers help register and protect intellectual property, such as trade marks. They also help you draft employment contracts that follow Turkish labour law. Our guide to a Turkish business lawyer covers more of this.

Why work with a Turkish corporate lawyer?

Turkey's legal system can be complex, especially if you run a business as a foreigner. A Turkish corporate lawyer:

Understands local laws and business practices.
Protects your company from legal risks.
Offers legal counsel on both domestic and international matters.
Helps you focus on growth by handling the legal side.

A lawyer's legal knowledge saves time and helps you avoid costly mistakes.

Why choose Canko Law Firm?

At Canko Law Firm, we provide personal legal services for businesses in Turkey. Here is why clients trust us:

Experienced team: we have worked with businesses across many industries and sizes.
Bilingual support: we provide services in English and Turkish, which helps international clients.
Tailored solutions: every business is unique, so we offer legal advice that fits your needs.
Focus on results: our goal is to protect your business and help you succeed.

Get started with Canko Law Firm

If you are starting or running a business in Turkey, a trusted corporate lawyer is essential. At Canko Law Firm, we guide you through every step of your business journey, from setup to daily operations and beyond.

Contact us today to arrange a consultation and see how we can help your business succeed in Turkey. Let us handle the legal side, so you can focus on building your future.