Turkey’s swift recovery from the global recession, its stable political climate and a favourable legal system are paving the way for an increase in foreign direct investment. Banking, private equity, M&A and privatisation are all areas tipped for major growth.
The country’s monetary policy is transparent and geared towards stabilising inflation while the recent structural reforms have improved transparency and increased private sector liquidity. These reforms include lowered corporate taxes, lifted regulatory impediments, a major privatisation programme and the introduction of the New Turkish Commercial Code aimed at increasing trade transparency.
We understand Turkey
At Freshfields, we have the knowledge and experience to advise international clients on their investments in Turkey – and Turkish companies on their ambitions and challenges outside Turkey.
Having worked in Turkey for many years, we know what investors, financial institutions and other market participants expect and demand in major transactions. Our Turkey lawyers have built strong relationships with leading Turkish law firms, financial institutions, intermediaries and government agencies. This means our clients will always know what is happening in the market – and what is about to happen.
If you intend to do business in Turkey, you will need experienced lawyers with international know-how and detailed local knowledge. We can provide you with both.