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Turkey: New Commercial Code to help boost investment

Posted on 14 February 2011

Date: 17/12/2010
Turkey: New Commercial Code to help boost investment

The Turkish parliament will vote on 11 January 2011 for a new 1,535 article commercial code. The new code would include internationally accepted accounting standards and replace the current set of codes.

The aim is to increase the transparency of companies and to bring Turkish company legislation in line with current EU laws and improve Turkey’s business environment which will allow Turkey to rank higher in the next World Bank’s “Doing Business” report.

14 December 2010 (invest in Turkey)

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