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Türkiye × Transactions & Deals
Buying, selling and investing across borders, from the first structure to closing and after. In Türkiye, that means local law, local regulators and local practice, handled by a qualified professional who practises there.
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Bring a requirement →Istanbul · Tuesday 3 November
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What the rules say in Türkiye
From the Türkiye market guide: the points that matter most for transactions & deals, each with the source it was checked against.
Essentials guide · Source-checked research88% of statements checked against a source13 checked against an official source23 checked against a secondary sourceChecked 2026-10-195 held back until checked against an official source1 topic includes AI-written statements, not source-checkedNot yet professionally reviewed
Since 11 February 2026 merger notification thresholds are TRY 3 billion aggregate Turkish turnover with at least two parties each above TRY 1 billion, or TRY 1 billion Turkish turnover of the target together with TRY 9 billion worldwide turnover of another party.
Communiqué No. 2026/2 amending Communiqué No. 2010/4, applying from publication in the Official Gazette of 11 February 2026 (No. 33165); structure of the two tests as set in 2022.LBF Partners (via Mondaq) · checked 2026-10-19For acquisitions of technology undertakings established in Türkiye, the TRY 1 billion thresholds apply as TRY 250 million for the target.
Technology undertakings established in Türkiye; foreign-headquartered targets are outside the exception from 11 February 2026.LBF Partners (via Mondaq) · checked 2026-10-19A notifiable transaction is invalid, with all resulting legal consequences, until the Competition Board approves it.
Law No. 4054 on the Protection of Competition.ELIG Gürkaynak Attorneys-at-Law (Lexology In-Depth) · checked 2026-10-19Failing to notify or closing before approval attracts a fine of 0.1% of the acquirer's annual Turkish turnover in the year before the fining decision, subject to a minimum amount.
Applies to the acquirer, or both parties in a merger.ELIG Gürkaynak Attorneys-at-Law (Lexology In-Depth) · checked 2026-10-19The Competition Board must notify its Phase I decision within 30 calendar days of a complete filing, failing which the transaction is deemed approved, and requests for information restart the period.
Merger control Phase I.ELIG Gürkaynak Attorneys-at-Law (Lexology In-Depth) · checked 2026-10-19Read the full guide: M&A, merger control, investment screening and insolvency
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