Explore Turkey’s Dynamic M&A Environment
Thanks to its evolving economy, strategic location, and growing market potential, Mergers & Acquisitions in Turkey continue to attract strong interest from both local and international investors. ÖzbekCPA, in collaboration with Invest360go.com, provides tailored advisory services for businesses involved in mergers, acquisitions, and joint ventures in the Turkish market. This overview outlines the key legal, regulatory, and practical considerations relevant to M&A transactions in Turkey.
1. Key Regulations and Responsible Authorities
M&A activities in Türkiye are governed by multiple legal frameworks, including:
- Turkish Commercial Code (TCC) No. 6102
- Turkish Code of Obligations No. 6098
- Capital Markets Law No. 6362
- Law on Protection of Competition No. 4054
- Labor Law No. 4857
Mergers typically take one of two forms:
- Merger by Takeover: One company absorbs another into its existing structure
- Merger by Establishment: Two or more companies form a new legal entity
Additional regulatory approvals may be required for regulated sectors such as finance, energy, telecommunications, and aviation.
ÖzbekCPA supports clients by interpreting and applying these regulations to ensure M&A transactions in Turkey are structured in full compliance with applicable legislation.
2. Process Overview: How M&A Works in Turkey
Common transaction structures include:
- Share (equity) acquisitions
- Asset transfers
- Legal mergers and spin-offs
Transaction timelines depend on deal structure, regulatory approvals, and the parties involved. Under the Foreign Direct Investment Law, foreign investors are granted equal treatment throughout M&A procedures in Turkey.
ÖzbekCPA provides comprehensive support, including:
- Legal, financial, and tax due diligence
- Transaction documentation and negotiations
- Regulatory coordination and filings
- Post-closing integration support
Our team manages each phase of the M&A process with precision and efficiency.
3. Structuring the Deal: Negotiation Essentials
M&A transactions in Turkey allow flexibility in valuation methods, payment structures, and closing mechanisms. Effective negotiation, however, depends on robust due diligence and careful tax planning.
Our advisory services include:
- Designing efficient transaction structures
- Managing employment and workforce transitions
- Advising on cross-border fund flows and repatriation
ÖzbekCPA actively supports clients in shaping negotiation strategies aligned with their commercial objectives.
4. Regulatory Approvals and Notifications
Depending on the transaction, approvals or notifications may be required from:
- The Turkish Competition Authority
- The Capital Markets Board (for publicly listed entities)
- Relevant sectoral regulators
We prepare and manage all regulatory submissions, monitor statutory timelines, and represent clients throughout the approval process to avoid delays.
5. Tax Considerations in M&A Transactions
Tax implications depend on transaction structure and may include:
- Capital gains taxation on share transfers, subject to potential exemptions
- VAT and other indirect taxes on asset transfers
- Tax-neutral treatment for qualifying mergers and restructurings
Our tax advisory services cover:
- Transaction tax structuring
- Advance tax ruling applications
- Identification of potential tax risks
We focus on mitigating tax exposure while ensuring compliance with Turkish tax legislation.
6. Working with ÖzbekCPA & Invest360go.com
ÖzbekCPA has advised local and international investors across a wide range of industries, including manufacturing, technology, energy, and services. Our strengths in Mergers & Acquisitions in Turkey include:
- Bilingual advisory capability (Turkish–English)
- Strong local regulatory and market knowledge
- End-to-end M&A project management
Through its global network, Invest360go.com supports market entry, investor matchmaking, and deal origination for scalable ventures in Türkiye.
Professional Considerations
Mergers and acquisitions are strategic tools for growth, market entry, and restructuring. With appropriate legal, financial, and tax guidance, M&A transactions in Turkey can be executed efficiently and in full compliance with regulatory requirements.
ÖzbekCPA and Invest360go.com combine local expertise with an international perspective to support clients at every stage of the transaction lifecycle, ensuring clarity, compliance, and long-term value creation.
