Debt Collection and Recovery in Turkey

Account receivable collection in Turkey
debt collection proceedings

Dear visitors of our site! We are starting a series of articles dedicated to business and trade in Turkey and of course one of the most important topics to be discussed first is account receivable collection. In this article we will discuss the ways foreign enterprises and individuals can perform debt collection in Turkey.

When making business with Turkish enterprises one of the most important issue is to make up the contract according to the peculiarities of Turkish legal system.

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Choosing the authorized court when making up international trade agreements on the example of the Turkish law system.

authorized court in the agreement
making business with Turkish partners

When drawing up the agreement between the parties, a very important role is played by such principle of civil law as "freedom of contract". In other words, the partners who make up the contract have the right to determine its conditions, form and content at their own discretion. This principle makes it possible to carry on free economic activity and is a sign of economic liberalism ideology in law.

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