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The programme provides a passport to foreigners who make investments at least $250,000 in real estate or $500,000 in government bonds, firms, investment funds or a local checking account, it stated. According to the Turkish Commercial Code article 5/A, the commercial lawsuits about debt collections and compensations shall be subjected to mediation.<br>One of the main causes for Russians to pick Turkey is its "Citizenship by Investment Programme," Forbes stated. Ketenci Law Firm provides authorized opinion and consultancy services referring to all kinds of firm business and transactions together with personal matters for commercial legislation within the scope of the New Turkish Commercial Code and related laws.<br>We are very experienced maritime law office based in Izmir and Aegean Sea coast of Turkey practicing since 1949 for 3 generations. 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The time limit for submitting a lawsuit in accordance with the Code of Administrative Procedure is sixty days earlier than State Council and administrative courts and thirty days before tax courts in case there is not a different deadlines indicated in private codes. Obeid & Partners’ portfolio of circumstances contains native and international mandates carried out in English, French and Arabic with legal professionals fluent in all three languages who can service the needs of local and world shoppers alike. Our clientele additionally features a distinguished insurance coverage company for whom we provided a settlement service. Mergers & acquisitions, spin-offs and joint ventures are always vital strategic choices for companies and investors not only in Turkey but in addition everywhere in the world. Having represented clients in various worldwide and national arbitration cases, we've additionally represented particular person and company clients in pre-dispute and post-dispute issues as negotiators. We are one of the first regulation corporations that implemented mediation procedures to employment disputes in Turkey.<br>All legal transactions associated to enforcement and bankruptcy proceedings including interim relief have been suspended till 30 April 2020 on the earliest. Defense trade projects contain intensive procurement and R&D packages, with long-term proposal and contract phases. "Truly professional and responsible group at all times offering environment friendly and immediate solutions."<br>We move beyond giving sole authorized opinion; we embed ourselves into the guts of your small business, understand your issues or wants and REDEFINE them. 4734 sets out the procedures for all procurements held by Turkish public authorities and establishments governed by public regulation or beneath public management or using public funds. The drawback you dwell on might not be a problem at all or the obstacle you see may be a tip of the iceberg. We additionally represent our shoppers in connection with obtaining residence and work permits; and, we handle functions to the related authorities for the same. Nowadays, company governance is important for every corporation to supply a long-lasting presence in the related trade. The Public Procurement Law No.