International Commercial – Turkey – Özlem Kurt

We are proud to share that that our firm takes a proactive approach to our client service by acting as a business partner and being involved from the beginning of a project. It’s important for clients to have a clear understanding of the legal consequences of their decisions, and having a legal partner like our firm to provide guidance and evaluate risks can be invaluable. By taking a seat on their boards of directors or executive boards of client companies, our firm can provide a deeper level of insight into the client’s operations and decision-making processes. This approach can lead to more effective and tailored legal solutions that are specific to the client’s needs and objectives. Having a deep understanding of our clients and their industries is crucial for providing effective legal solutions that meet their specific needs and objectives. It allows our firm to provide tailored advice that takes into account the unique characteristics and challenges of each client’s business. By taking a business-oriented approach, our firm can provide legal solutions that not only meet legal requirements but also contribute to the overall success of the client’s business. This approach can help build long-lasting relationships with clients and enhance our reputation as a trusted legal partner. It’s also important to have a comprehensive understanding of the tax implications of any project or investment, and our firm recognises this. It’s also important to note that in many jurisdictions, including Türkiye, there are strict regulations around who can provide tax advice. Our firm is aware of these regulations and has established partnerships with trusted tax professionals to provide clients with the most effective tax solutions. This collaborative approach can help ensure that clients receive the best possible advice and solutions for their specific tax needs.

After the war between Russia and Ukraine, which started on February 24, 2023, Turkey is one of the countries where those fleeing the war from both Russia and Ukraine took refuge. Naturally, they became a part of commercial life and began to engage in commercial activities. International sanctions and the regulation of commercial activities accordingly have become one of the most important developments in the last period.

It is important to note that general elections for the presidency will take place in Türkiye in May 2023. Many investors are keen to see the election results before making any investment decisions. However, regardless of the election outcome, Turkiye will continue to be an attractive country for investment due to its strategic location, young and dynamic population, and growing economy. We believe that Türkiye’s strong economic fundamentals and favourable investment climate will continue to make it an appealing destination for investors in the long term.