News & Publications

All About FIDIC In Breief Notes

FIDIC WHAT IS FIDIC?    FIDIC is the acronym for its French name “Fédération Internationale Des IngénieursConseils” which implies for; The “International Federation of Consulting Engineers”.    FIDIC is an international standards organization for the consulting engineering & construction and the organization is well known by its contract templates.    FIDIC was …

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The Points That Must Be Observed By Foreign Citizens And Companies While Purchasing Property In Turkey

The legal restraints for a foreigner to purchase the property should be asked via assistance of an attorney. Due to numerous amendments in law and application under Turkish legislation, there might be new restraints that cannot be foreseen.   The value the property must be compared with the value of other properties having same specialties. …

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Urban Transformation Projects in Turkey

1. GENERALLY   Urban Transformation Project (UTP) is the alteration, transformation, improvement and vitalization of the urban environment which becomes old, ruined or abandoned over time. These changes are made, considering the socio-economic and physical conditions of present days.   UTP decision may stem from different needs and according these needs, different legislation is implemented. …

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Guide For Purchase of Property in Turkey By Foreign Citizens

In accordance with Article 35 of Turkish Land Law No 2644, persons with foreign nationality allowed purchase a property in Turkey in the frame of relevant legal limitations.   Total area of all properties in Turkey under the ownership of a foreigner could not exceed 30 hectares. This point is always being examined by relevant …

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Guide For Purchase Of Property In Turkey By Foreign Companıes

Companies may be defined as:   a.  DOMESTIC COMPANIES: Established as per Turkish Law and registered to Turkish Trade Registry   b. FOREIGN COMPANIES: Established in foreign companies and established as per their own legislation.   Domestic companies may also be divided into two as:   a.  Domestic Companies with Domestic Capital   b. Domestic …

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Incentives on Railway Industry in Turkey

Within the perspective of Turkish legal system, there exist five different types of incentives:   Regional Incentives Prioritized Investment Areas     By considering these different types of incentives, several factors of support are envisaged such as:   Exemption from VAT : Regarding the machinery and equipment (domestic and abroad supplies) within the scope of …

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Personal Liability Of Bank Managers And Controlling Shareholders

        I.   PERSPECTIVES ON LEGAL BACKGROUND OF PERSONAL LIABILITY A.    Relevant Provision The main legal regulation of Turkish banking system is Banking Law numbered 5411 and came into force in 2005 and the legal background of personal liability of managers, auditors and controlling shareholders is determined by the Article 110 of Banking …

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Public Private Partnership In Turkey

 Introduction Public Private Partnership (“PPP”) is a cooperation agreement between public and private sectors for rendering of public services that are traditionally provided by the state and funded by taxpayers, and is characterized by sharing the investments, risks, liabilities and  revenue  between  the  cooperating  parties. The economic challenges associated with supplying fundamental public services are …

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Other Publications

The Regulatory Bodies in Telecommunications, Banking, Energy Sectors and Competition, Ankara 2002, Y. Selim Sarıibrahimoğlu, Turkish Offshore Banking & Trusts, Fraud & Money Laundering, Ankara 2000, Y. Selim Sarıibrahimoğlu, Turkish-English An Article upon the ‘Privatizing Turk Telekom issues and problems, Turkish Daily News, 1997 Article of “Regulating Utilities Sector” published in International Deregulation and Privatization …

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Those Who Enslaved Their Countries To The IMF

Written originally in Turkish, it is seen that this book arised from the international legal practice of Mr. Yavuz Selim Sariibrahimoglu. As a PhD in Political Sciences, Mr. Sarıibrahimoğlu analized the role of International Monetary Fund in Argentina, during the period of economic problems in country. Furthermore, Banking Crisis İn Turkey in 2000-2001 find its …

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