Joint Venture Agreements Between Turkish and Foreign Companies
Ticaret Hukuku Published On: 25.07.2026 ⏱ 1 dk okuma

Joint Venture Agreements Between Turkish and Foreign Companies

Structuring equity vs. contractual joint ventures in Turkey: governance, profit sharing, and dispute resolution clauses.

Strategic Partnerships in Turkish Commercial Markets

Foreign enterprises frequently enter the Turkish market through Joint Venture (JV) partnerships with established local business entities.

1. Equity JV vs. Contractual Consortium

  • Equity Joint Venture: Incorporating a new co-owned Turkish company (Ltd. Şti. or A.Ş.) with formal shareholder agreements.
  • Contractual Consortium (İş Ortaklığı): Partnering for specific public or private tenders without creating a separate legal entity.

2. Key Shareholder Agreement Provisions

Drafting supermajority voting rights, deadlock resolution mechanisms, drag-along/tag-along clauses, and non-compete covenants.

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