What is Commercial Law?

Trader and Commercial Enterprise
A trader is an individual who operates a commercial enterprise. Traders are required to be registered in the trade registry and use their trade name.
A commercial enterprise is an economic activity unit operated for profit and organized in a specific manner.

Trade Name and Brands
Every trader must choose a trade name for their activities and register it with the trade registry. The trade name and brand form the identity of the business.

Commercial Contracts
One of the most important elements in commercial law is contracts. Sales, lease, transportation, insurance, credit, and other commercial contracts define the rights and obligations of the parties involved.

Unfair Competition and Commercial Ethics
Unfair competition refers to actions that violate the principles of honesty in commercial activities. Commercial law includes regulations to prevent such situations and ensure fair commercial order.

Commercial Lawsuits
Disputes arising from commercial activities fall under commercial lawsuits. These cases are resolved under the provisions of the Turkish Commercial Code and are usually heard in civil law and commercial courts.

Bankruptcy and Concordat
When traders are unable to pay their debts, legal processes such as bankruptcy or concordat come into play. These processes aim to protect the rights of both creditors and debtors.