Offshore Companies in Dubai: Legal Structure, Processes and Requirements
1. What is an Offshore Company? An offshore company is a type of company that can be established in certain free zones of the UAE and is essentially designed to operate outside of Dubai. Offshore... Read More
The Use and Limits of Representation Authority in Joint Stock Companies
Exercise of Representation Authority: The representation of joint-stock companies in external relations generally belongs to the board of directors. Joint-stock companies are merchants and are subject to Article 39/1 of the Turkish Commercial Code (TTK)... Read More
Company Partners' Liability for Debts
The Turkish Commercial Code No. 6102 regulates various types of companies and determines how partners will be liable for company debts. The two most common types in our country are... Read More
What is Bankruptcy Postponement?
Definition and Legal Nature of Bankruptcy Deferral: A procedure that allows a business that has become unable to pay its debts to continue operating and improve its financial situation instead of going bankrupt... Read More
What is a Company Capital Increase and How is it Done?
When joint-stock companies and limited liability companies are established, capital is contributed to create the financial assets of the company. The company partners decide what the company will be used for and... Read More
Things to Consider During Company Merger Processes
Company mergers can take the form of one company acquiring another, or them coming together under a new corporate structure. A merger through acquisition is when one company... Read More