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Commercial Real Estate Leasing for Companies: Essential Clauses to Include in a Lease Agreement

Commercial Real Estate Leasing for Companies: Essential Clauses to Include in a Lease Agreement

When a company leases an office, retail store, warehouse, factory, hotel, or other commercial property, the process involves much more than simply finding a suitable location and agreeing on the rent. The provisions of the lease agreement can directly affect the company's ability to carry out its business activities, its investment costs, rental expenses, and potential legal disputes in the future.   Particularly in long-term leases, issues such as the property's unsuitability for the intended business activity, the inability to obtain the necessary permits, improperly determined rent increase terms, or the early termination of the agreement may result in significant financial losses.   For this reason, when leasing commercial real estate, companies should consider not only the rental price and the property's physical characteristics but also the legal implications of the lease agreement.   So, which provisions should be carefully considered when drafting a commercial real estate lease agreement?..

How to Obtain a Tourism Operation Certificate for Hotels? Updated 2026 Guide

How to Obtain a Tourism Operation Certificate for Hotels? Updated 2026 Guide

For companies operating hotels, motels, guesthouses and other accommodation facilities in Türkiye, the Tourism Operation Certificate (Turizm İşletmesi Belgesi) is not merely a quality or classification certificate held by the business. The certification process is directly related to the facility’s operating licence, the legal status of the property, its scope of activity, its physical characteristics and the business’s compliance with applicable legislation.   In particular, the increasing inspections of accommodation facilities in recent years, together with stricter sanctions concerning the online advertising, marketing and sale of accommodation facilities operating without the required certificate, have made legal compliance even more important for hotel businesses.   So, how can a hotel obtain a Tourism Operation Certificate? Which documents are required for the application? Is an Opening and Operating Licence (İşyeri Açma ve Çalışma Ruhsatı) sufficient? Can reservations be accepted through Booking, a website or social media without obtaining the certificate?..

What Are the Certificate of Conformity and TTB? An Updated Guide to Turkish Citizenship Through Real Estate Investment

What Are the Certificate of Conformity and TTB? An Updated Guide to Turkish Citizenship Through Real Estate Investment

For foreign investors seeking to acquire Turkish citizenship by purchasing real estate in Türkiye, the process involves much more than simply purchasing a property. A number of legal and administrative factors must be assessed together, including whether the property is eligible for a citizenship application, whether the investment amount meets the threshold stipulated under the applicable legislation, the nature of the payment documents, the property's title deed records, the valuation procedures, and the annotation restricting the sale of the property for a period of three years. One of the important stages of this process is the Certificate of Conformity, also referred to as the Real Estate Investment Determination Certificate. In addition, following the regulations introduced in 2024, the Real Estate Acquisition-Based Amount Determination Certificate for Citizenship Acquisition (TTB) has become an important element in determining the investment amount. Accordingly, the approach of a foreign investor stating, “I have purchased a house worth USD 400,000; can I immediately apply for Turkish citizenship?”, is not sufficient on its own. The property's eligibility for citizenship p..

How Can Foreigners Establish a Company in Türkiye? 2026 Updated Guide

How Can Foreigners Establish a Company in Türkiye? 2026 Updated Guide

  The number of foreigners seeking to invest in Türkiye, conduct commercial activities, or establish a business is increasing every day. Under Turkish law, foreign individuals and legal entities are generally permitted to establish companies in Türkiye, and the company formation process is largely similar to the system applicable to Turkish citizens. However, additional matters must be considered when foreigners establish a company in Türkiye, including passports, tax identification numbers, documents relating to foreign shareholders, apostille and notarization procedures, and, where a foreign shareholder will actively work in Türkiye, work permit requirements. For this reason, before establishing a company, foreign investors should assess not only the type of company they intend to establish but also the required incorporation documents, capital structure, work permit requirements, residence status, and post-incorporation obligations as a whole.   In this article, we address the most frequently asked questions regarding company formation by foreigners in Türkiye, including how foreigners can establish a company in Türkiye, which documents are required for a company with foreign..

How Is the Real Estate Purchase and Sale Process Managed for Foreigners?

How Is the Real Estate Purchase and Sale Process Managed for Foreigners?

The real estate purchase and sale process for foreigners is not limited solely to title deed transactions, but is a comprehensive procedure that includes numerous legal, administrative, and financial stages. Determining whether the property is eligible for acquisition, complying with legal restrictions, ensuring contractual security, and properly structuring the payment process are of great importance in preventing potential risks. For this reason, real estate purchase and sale transactions by foreigners in Türkiye stand out as a field that requires thorough knowledge of the legislation and careful legal planning...

Acquisition of Exceptional Citizenship by a Foreign Investor

Acquisition of Exceptional Citizenship by a Foreign Investor

The exceptional acquisition of Turkish citizenship by foreign investors is a special process in which investment decisions give rise not only to economic but also to legal consequences. The fulfillment of criteria such as real estate acquisition, capital investment, or creation of employment in compliance with the relevant legislation plays a decisive role in the proper progression of the application. For this reason, acquisition of citizenship through the exceptional procedure stands out as a field requiring expertise, in which administrative procedures are managed meticulously and legal assessments are carried out accurately...

Investment Consultancy

Investment Consultancy

  Reliable, comprehensive, and strategically planned legal consultancy is essential for individuals and institutions planning to invest both in Turkey and abroad...

Foreigners Law

Foreigners Law

  Foreigners Law is a branch of law that regulates the legal status of foreign nationals residing in Türkiye, in matters such as residence permit, work permit, citizenship, acquisition of immovable property, and deportation decisions. This area has gained significant importance in recent years, especially with the increase in migration processes. For foreigners who wish to live, work, invest, or acquire citizenship in Türkiye, proper management of these procedures is critical to prevent legal mistakes that may lead to irreversible consequences...

Steps For Application To Turkish Citizenship Through Real Estate Investment

Steps For Application To Turkish Citizenship Through Real Estate Investment

The process of applying for Turkish citizenship through real estate investment is a multi-stage procedure that must be conducted by jointly evaluating the legal and administrative consequences of the investment decision. From the selection of the property to the title deed transactions, and from obtaining the certificate of conformity to submitting the citizenship application, it is of great importance that each step is completed in compliance with the relevant legislation. For this reason, acquisition of citizenship through real estate stands out as a special type of application that requires a planned and careful legal approach from the very beginning of the process. ..

"Value Added Tax (VAT) Exemption for Foreign Nationals in Real Estate Acquisition"

VAT exemption in the acquisition of real estate by foreigners is an important tax advantage that directly affects investment decisions and is applied subject to specific conditions. In order to benefit from the exemption, matters such as the status of the buyer, the nature of the real estate, and the method of payment of the purchase price must be in compliance with the relevant legislation. In this respect, VAT exemption stands out not only as a financial convenience but also as a technical regulation that requires careful legal assessment of the applicable conditions.  ..

Corporate Law

Corporate Law

  Corporate law goes far beyond company formation — it covers every stage from incorporation to liquidation...