General Corporate

NAZALI with its experienced corporate lawyers provides consultancy services in every aspect of corporate and commercial law. NAZALI assists its domestic and international clients with their structuring in the Republic of Turkey, company formation and post-formation procedures including the registration process. NAZALI also provides legal support and assistance with respect to drafting, revision, negotiation and termination stages of all kinds of corporate and commercial agreements.

Corporate and commercial law services that NAZALI provides are listed below:

• Analyzing and advising on suitable company type for clients and carrying out formation procedures regarding companies, branches and liaison offices, following up tax office registrations
• Establishing joint ventures and drafting necessary documents such as step plans and agreements
• Corporate housekeeping services including convening of ordinary or extraordinary general assemblies, drafting of board or directors or other committee’s resolutions, issuance of or amendment to signature circulars and/or internal directives
• Providing consultancy services regarding liability regime of shareholders, managers and directors of companies
• Implementation and incorporating internal procedures, guidelines or policies
• Advising on merger, spin-off, conversion of company type and restructuring process
• Providing training/consultancy services on the Turkish Commercial Code
• Amendment of companies’ articles of association for the purposes of compliance with the applicable laws such as the Turkish Commercial Code or reflecting specific clauses agreed among shareholders
• Providing legal consultancy retainer services on corporate and commercial law matters regarding day-to-day operations of companies
• Providing legal assistance and support regarding shareholders’ agreements and relationship between shareholders
• Preparing legal due diligence reports and carrying out self-due diligence process
• Drafting, revision, negotiation and finalizing of commercial agreements such as distribution, franchising, rent, manufacturing, marketing, sales, distant sales and subscription agreements

Structuring of Holding Companies and Advisory Services for Family Companies

As first-generation family members transfer their shares to the next-generation, companies established by family members have continued to grow in Turkey and consequently such companies have become significant players in Turkey’s business world. For the continued success and growth of these companies, it is important to protect family relations and values which form the foundations of the company whilst ensuring the companies evolve and adopt corporate practices.

In rendering services, NAZALI tries to strike this balance between traditional family values and the corporate world. NAZALI understands that change is not always welcomed and appreciate that when working with family companies there is an emotional aspect which requires a degree of sensitivity and consideration. In this context, NAZALI provides advice on changes and assist with implementation of such changes by appeasing concerns of family members through explaining and communicating the benefits of introducing new corporate regimes and necessity for continued success.