Corporate Governance & Shareholder Agreements in Turkey

Legal structuring of corporate control, joint ventures, and partner relationships

Proper corporate governance and well-drafted shareholder agreements are critical for the successful and risk-free operation of foreign-invested companies in Turkey. European companies entering Turkish markets must ensure legal clarity in decision-making, voting rights, dividend distribution, and exit strategies.

At R&T Legal, we assist EU businesses in structuring governance frameworks that comply with Turkish Commercial Code and reflect international best practices.

Our Legal Services Include:

1. Drafting and Reviewing Shareholder Agreements

Clauses on voting rights, minority protection, deadlock mechanisms
Dividend distribution and profit-sharing arrangements
Exit options, drag-along and tag-along provisions

2. Board Structure & Corporate Governance Compliance

Defining board composition, management powers, and fiduciary duties
Internal governance documentation (board rules, delegation of authority)
Compliance with Turkish Commercial Code (TCC) and Capital Markets Board (if applicable)

3. Joint Ventures and Consortiums