In today’s global economy, almost all business operations have an international component for development, financing, supply, production, design or sales. Modern processes of globalization and a high level of competition are forcing companies to continuously search for promising opportunities to enter new markets for further growth and strengthening of competitive advantages. One of the strategies for business development in the context of globalization, is the acquisition of existing enterprises in other countries, implementation of cross-border transactions.

Such a cross-border transaction can be carried out in two ways:

Takeover of the firm;

Merger of two or more enterprises into a new company.

What legal acts govern cross-border transactions?

The Republic of Turkey applies the Commercial Code and the Capital Markets Law to such transactions. In addition, corporate, intellectual property, data privacy and other industry regulations may be taken into account.

In which industries should lawyers have knowledge?

Corporate securities;

International trade and customs issues;

Debt financing, equity financing, mezzanine financing;

Immigration;

Joint ventures;

Relations with the government;

Project and corporate finance;

Litigation;

Mergers and acquisitions;

Intellectual property;

Institutional funds and financial services;

Insurance;

Capital markets (debt and equity).

Before conducting cross-border transactions, you should definitely do a legal due diligence, audit to obtain information about the company, about possible problems, risks, as well as the strengths and weaknesses of the company.

What is the immediate work of our lawyers?

We analyze the range of covered jurisdictions;

We identify public legal requirements in them;

We organize and coordinate the course of the procedure;

We study the contracts that the completed transaction can affect;

We develop documents for its registration;

We coordinate the receipt of national project approvals;

We prepare and support the execution and closing of the transaction. 

Our lawyers develop complex contracts for clients whose business model involves foreign economic transactions. The explort and import of goods and services requires clear treaty regulation, taking into account the requirements of not only Turkish law, but international customs rules, specifics by resolving disputes in the system of state courts or commercial arbitration.