Turkish Legal Environment
As the 16th largest economy in the world and 6th in Europe, and with a growth average rate of 4.8% per year for the last 8 years, Turkey has attracted an approximate of 100 billion dollars of foreign direct investment over the last ten years.
Turkey has a welcoming approach to foreign investments. The legislation is being liberalized since early 1990's, and after 2001 most of the remaining barriers against access by foreign investors have been removed.
Although Turkey is shown only as the 65th country by IFC in overall assessment for ease of doing business, as for value of opportunities, consumption demand, access to regional countries, young and qualified human resource, and availability of practical measures to tackle issues, we believe that Turkey is unmatched and is among the best venues for investors.
ADMD has the most extensive legal expertise and a great track record to help foreign investments to be smooth and efficient processes. More than 60% of our clients are foreign investors operating in Turkey. Accordingly, our expertise assisting foreign investors is among the most prominent in Turkish legal market.
In addition to a wide range of legal services that foreign investors may need, ADMD also acts as a guide for investors assisting them to understand the legal and economic environment of Turkey. ADMD supports its clients directly or with reliable referrals for any additional services that may be needed including virtual office formations, outsourced accounting and tax submissions.
In Turkish legal practice, not many law firms offer a strong litigation team and full variety of dispute resolution services along with professional consulting and corporate law services. ADMD is among few offices proudly stating litigation as one of its strong-suits. We try cases virtually in all areas of trial practice and across a wide range of issues. Our litigation department is well equipped to handle any types of inquiries and we aggressively pursue and promote the interests of our foreign investor clients in any dispute and before all available venues.
We have an open office policy for our litigation services. We work closely with our foreign investor clients and keep them informed at all stages. We assist and lead them to make informed strategy decisions.
Our wide range of litigation services are not limited with but contain subjects of corporate and commercial litigation, breach of contracts, product liability and consumer protection, torts, labor and employment, white collar crimes, real estate and construction disputes, tax, regulatory and administrative fines and measures. We also offer our clients services of arbitration, mediation, debt recovery, recognition and enforcement of foreign judgments and awards.
Here at ADMD, our aim is to help our foreign clients to feel the comfort of concrete and swift legal support as if they were home.