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    Corporate Governance

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    Corporate Governance

    corporate law

    Corporate governance implies rules, practices, and processes aiming at proper management of a company. Commercial life has broadly changed such rules and practices particularly because of the recent economic downturn over the world. Regarding newly-emerging commercial necessities, the Turkish corporate law regime establishes a comprehensive legal framework for real persons and corporations. Pi Legal Consultancy offers professional support to our commercial enterprises on understanding and absorbing main obligations and rights provided by the new Turkish Commercial Code (No:6102) and other relevant regulations.

    Core principles of good governance particularly for large corporations require an innovative approach. Such approach may only be developed by professional legal experts. Transparency and accountability is another important aspect for the managerial team. Our experienced lawyers can give comprehensive guidance on those matters.

    We also offer effective support to foreign clients based outside of Turkey for an efficient organization of their operations and the enhancement of their competitive strength in Turkey.

    Our speciality extends to, inter alia, as follows:

    • Exercise of voting rights and decision-making majority,
    • Arrangement of board of directors’ meetings and ordinary or extraordinary general assembly;
    • Management of capital increases or decreases and good governance of structural changes,
    • Standards for legal or criminal liability of founders, members, managers and liquidators of any company,
    • Establishment of publicly traded and joint stock companies, types of divisions such as spin-off and split up, mergers and acquisitions of commercial firms; audit of such transactions,
    • Taxation issues and taking legal actions if necessary.

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