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 […]
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 […]
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 […]
An escrow account is a type of financial arrangement in which a third party holds and regulates payment of the funds required for two parties involved in a given transaction. This type of account helps to make transactions more secure by keeping the payment in a secure escrow account, which is only released when all […]
Turkey is a country with a rapidly growing economy and a strategic location between Europe and Asia. This has made it an attractive destination for foreign investors looking to establish a business presence in the region. However, starting a company in Turkey as a foreigner can be a complex process with many legal and administrative […]
Escrow agreements have become increasingly popular in Turkey as a way to secure payments, particularly in the case of conditional contracts. But what exactly is an escrow agreement and how does it work? An escrow agreement involves transferring obligations to a third party, known as the escrow agent, in order to secure payment. This type […]
Our lawyers can help you find a nominee director in Turkey, who can assist with the management of your company when you are not in the country. A nominee director can handle tasks that are required by law, such as paying taxes, going to banks, and signing contracts, on your behalf. Under Turkish law , […]
Opening a bank account is an important moment in the activities of any company. This procedure includes a number of factors: first of all, risk analysis, selection of the required account depending on the activities of an individual or enterprise, and communication management. In order to correctly make the choice of opening an account in […]