A commercial agent serves as an independent intermediary, facilitating transactions on behalf of a principal in a specific geographic area. Unlike employees, commercial agents operate as independent contractors, managing their own business affairs while representing a commercial enterprise. 1. What is a Commercial Agent? A commercial agent is a professional who: Negotiates or concludes sales […]
Compulsory Earthquake insurance is a vital component in the protection of homes against earthquakes and related disasters like fire, explosion, landslide, and tsunami. In the event of an earthquake in a region declared as a state of emergency, insurance companies are obligated to prioritize the claim notifications and indemnity payments for policies in all insurance […]
As Turkey continues to emerge as a hub for foreign investment, many international companies are seeking a presence in the country to take advantage of its favorable business climate. However, for many foreign investors, the thought of revealing personal information or risking their assets can be a major barrier to entry. This is where institutionalized […]
Turkey has a rapidly growing economy and is considered as a prime destination for foreign investment. With its favorable economic conditions, many foreign companies are interested in setting up their business operations in Turkey. However, the process of establishing a business in Turkey can be challenging and complicated, especially for foreign investors who are unfamiliar […]
In Turkey, there are two important regulations that aim to create a fair and competitive environment in the economy: the Turkish Commercial Code (TCC) and Law no. 4054 of 12 December 1994 on the Protection of Competition. The TCC defines unfair competition as “acts or commercial practices between competitors, providers, and customers that are misleading […]
A limited partnership, also known as a limited liability partnership, is a business structure in which the partners have limited liability for the debts of the company. In Turkey, the establishment of a limited partnership follows a specific process set out by the Turkish Commercial Code (TCC). The establishment of a limited partnership in Turkey […]
Finding a institutional nominee director in Turkey can be a complex task for businesses, but having a trusted law office on your side can make the process much easier. If you’re looking for a nominee director, consider working with Cindemir Law Office, a law firm that can help you find the best nominee director companies […]
Establishing a company in a Free Zone in Turkey provides a range of advantages for businesses looking to expand into the country. Free Zones are regions within the political borders of the country but outside the customs territory, where commercial and economic regulations are not fully applied. These regions offer a favorable environment for foreign […]
Transferring a TikTok account with escrow is a process that ensures the safe and secure transfer of the account from one owner to another. The process involves the use of a third-party escrow service to hold the account information and funds during the transfer. Here is an article on how to transfer a TikTok account […]
A software escrow agent service agreement is a legal contract between a software developer and an escrow agent that outlines the terms and conditions of a software escrow arrangement. This type of agreement is typically used when a company or organization is licensing software from a developer and wants to ensure that they will have […]
