Burak Gencoglu – Baspinar & Partners Law Firm

Communiqué on Lease Certificates (Sukuk)

A recent communiqué regarding lease certificates has been published on the Official Gazette dated 07.06.2013 and numbered 28670. The communiqué numbered III-61.1 (“Communiqué”) regulates the matters such as the guidelines for…more

| Commercial Law & Contracts, Finance & Banking, International Law & Trade

WORK PERMIT AND RESIDENCE PERMIT REQUIREMENTS IN TURKEY

All foreigners intending to work in Turkey are required to obtain a Work Permit prior to begin their employment in Turkey. It is illegal for an employer to recruit a foreign worker who does not possess a work permit…more

| Civil Rights, Immigration Law

Turkey: Recent developments in real estate acquisition by foreign nationals

Turkey is one market lauded for the rapid growth of its local Islamic finance industry; but the country has also attracted foreign interest as an investment destination. Gökmen Baspinar and Burak Gencoglu of Baspinar & Partners…more

| Construction Law, Finance & Banking, Real Estate - Commercial, Real...

Turkey: A bumper year for Islamic finance

The Turkish fi nancial market maintained its constant development in 2011 and recent reports from reputable international fi nancial institutions project that this development will continue in 2012. In 2011, Sukuk was introduced…more

| Commercial Law & Contracts, Finance & Banking, Real Estate - Commercial,...

Recognition and Enforcement of Foreign Judgements in Turkey

Turkey, as an outcome of its integration policy into the global business, has a liberal modern and international investor friendly judgement system. Turkish government has made fundamental changes on the judicial system to…more

| Alternative Dispute Resolution (ADR), Civil Procedure, Civil Remedies,...

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