Turkey

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SOCIETY & ETIQUETTE: Tea drinking is ubiquitous in Turkey and it is a common feature of both casual exchanges and business meetings. Offering once is considered incomplete, so to politely refuse any offering of food or drink one may have to decline twice. In the same way, Turks will often politely...

In corporate management, as in other aspects of life, the simplest way to promote responsible behaviour is to ensure accountability. The new TCC, in its overhaul of the commercial landscape, will initiate serious changes towards facilitating good corporate governance. It will introduce a legal regime that will require clarity in the assignment...

Over the course of the past decade, Turkey's economy and society have undergone drastic changes: high GDP growth, the consolidation of civilian political control and the evolution of a more nuanced perspective on the country’s role in the region. The nation's growing prominence has led the international community to increasingly value Turkish...

Chapter | The Guide from The Report: Turkey 2012

Turkey is a vast country with many things to see and do. The Guide contains highlights of some of the nation’s key attractions, as well as insights for new arrivals. Also contained in the guide are important phone numbers and hotel listings. The chapter also includes a feature article about the arts in Istanbul, with Bülent Eczacıbaşı, the Chairman of Eczacıbaşı Group and the Istanbul Foundation...

Chapter | Legal Framework from The Report: Turkey 2012

New and upcoming legal changes are making it easier to conduct business in Turkey, and OBG’s legal partner, Herguner Bilgen Ozeke, provides an in-depth overview of the recent reforms to corporate law. The chapter also contains an interview with Ümit Hergüner, the managing partner of Hergüner Bilgen Özeke.

Chapter | Tax from The Report: Turkey 2012

An overview of the new Turkish Commercial Code, as well as important considerations on the tax environment and its ramifications for foreign firms. The accountancy chapter is written by OBG’s partner in Turkey, Deloitte, and contains an interview with Anthony Wilson, the partner in charge for Deloitte Turkey.

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