Legal 500 2024 EMEA Edition
HABERLER & YAYINLAR
Agio as a Tool for Startup Financing in Türkiye: Efficiency and Legal Risks
Article 347 of the Turkish Commercial Code (“TCC”) explicitly prohibits the issuance of shares below their nominal value, thereby serving the principles of capital maintenance and protection.
HABERLER & YAYINLAR
Tax and Fee Exemptions Introduced by Law No. 6306 and VAT Advantages
Although a large part of Türkiye is under the risk of natural disasters, especially earthquakes, most of the existing buildings are not resistant against possible disasters, thus socio-economic problems are experienced and State is faced with financial burdens unexpectedly that are difficult to overcome.