New Turkish Commercial Code

It is of great importance that rules and procedures applied in business world comply with global standards in order to increase competitive power of corporations and nations in a global economy without borders. As of July 1, 2012, new Turkish Commercial Code (TTK) will take effect; it will break the tradition of 54 years and bring a radical change in Turkish business world with an insight of commercial law.

What will new Commercial Code change?

New Turkish Commercial Code presents an opportunity to reach international standards in terms of transparency, auditability and reliability in Turkish business life. Building blocks of New Turkish Commercial Code are summarized below:

New Turkish Commercial Code Applications of LOGO