Doing Business in…
As a civil law country, Turkey has a legal system that is composed of a codified set of rules structured hierarchically, resembling the legal systems of Continental Europe. The Turkish Constitution is the supreme law of the land, followed by codes issued by the parliament and decrees issued by the president and finally secondary legislation such as regulations, by-laws and communiqués, provided that they are not in conflict with a superior law in the hierarchy. With a referendum on 16 April 2017, the President of Turkey was granted the legislative authority to issue presidential decrees over executive matters. International treaties duly ratified and put into effect bear the force of law and stand alongside codes in the hierarchy. All of the foregoing constitutes the primary and binding sources of Turkish Law.
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First published by Chambers and Partners, Global Practice Guides, Doing Business in Turkey – Law & Practice 2019.