Turkish Commercial Code
The Turkish Commercial Code is a legal framework that governs commercial activities in Turkey. Enacted in 2011, it aims to modernize and simplify business regulations, ensuring transparency and fairness in commercial transactions. The code covers various aspects of business operations, including company formation, partnerships, and corporate governance.
Additionally, the Turkish Commercial Code addresses issues related to contracts, bankruptcy, and intellectual property rights. It provides guidelines for resolving disputes and promotes a competitive business environment. Overall, the code plays a crucial role in facilitating trade and investment in Turkey.