AIGERIM SABIT BIKMAZ Turkey’s e-commerce market has seen record growth amid the pandemic. According to theTurkish Ministry of Commerce, by the end of 2020, the e-commerce market in Turkey increased by 65percent compared to the previous year, and the market volume reached 227 billion Turkish lira. The ecommerce market is expected to reach a record […]
Tha majority of companies established in Turkey and in the world are structured as family companies. The main issue for family companies is to ensure the continuity of the family business together with the family tradition and to transfer the family businesses from generation to generation.
In family businesses, if the company can survive after the first generation, institutionalization studies become one of the agenda topics of the company.
We, as BE&TA Law, provide legal support to family bussinesses in the process of preparing “shareholders agreement” regarding the shares of the family company, especially the “family constitution” that will establish the connection between generations in the institutionalization process of family companies. In addition, we provide legal consultancy services to family companies in solving possible problems that may arise during the transfer of family companies between generations.
According to Art.20 of Communique on Implementation of Law of Turkish Citizenship enacted by Decision of Council of Ministers dated 11/2/2010 and numbered 2010/139, exceptional acquisition of Turkish citizenship by a decision of the President in the frame of Art.12/1/b of the Law on Turkish Citizenship No.5901 s possible for foreigners, who: