Step-by-step conveyancing and procedure stages

Scoping call and regulatory assessment

We start by mapping your plan to the right regime and regulator — banking (BDDK), payments and e-money (TCMB), crypto (CMB) or cross-border lending under Decree No. 32 — and flag the licensing or compliance triggers up front.

Licensing and structuring roadmap

You receive a written roadmap: the entity to use, the licence required, the current capital and eligibility position, the documents needed, and a realistic timeline with the key regulatory gates.

Power of attorney and document collection

We prepare a tailored PoA and a checklist of corporate documents to be apostilled abroad, then arrange certified Turkish translations so nothing is rejected at filing.

Application, drafting and regulator filings

We draft the licence file, loan and security documents, or deal papers, and submit the application to the Central Bank, CMB or BDDK, or perfect security at the relevant registry.

Negotiation with the regulator and counterparties

We respond to regulator queries and information requests and negotiate finance and deal terms with banks, borrowers or sellers, keeping your home counsel aligned throughout.

Closing, registration and security perfection

We complete the transaction or authorisation — registering the mortgage or pledge, recording share transfers, and confirming the licence or approval is in place before you go live.

Ongoing compliance and regulatory support

After closing we support continuing obligations — reporting, change-of-control approvals, AML and KVKK upkeep, and renewals — so the licence stays in good standing.

Before you file or fund: what to have ready

Turkish financial work fails at the local layer, and the corporate, regulatory and security steps have to happen in the right order. These are the points worth settling before an application goes in or money moves.

Identify which regime and regulator your activity actually falls under — banking (BDDK), payments and e-money (TCMB), crypto (CMB), or cross-border lending under Decree No. 32 — before any filing is prepared.
Decide which Turkish entity will hold the licence, so the corporate and regulatory plans line up from day one rather than being retrofitted.
Confirm the paid-in capital minimum that applies at the date of your application under Law No. 6493, rather than relying on an older published figure.
For any FX-denominated or FX-indexed facility, check the borrower's current eligibility under Decree No. 32 — tied to foreign-currency income and outstanding FX-loan balance — before documents are signed.
Check the form requirements on every guarantee or suretyship under the Code of Obligations No. 6098, including maximum amount, date and spouse's consent where required.
Prepare a notarised and apostilled power of attorney with wording broad enough for incorporation, licence filings, notarial signature and security registration — a narrow scope forces re-execution from abroad.
Assemble corporate documents, board resolutions and signatory authorities for apostille (or consular legalisation for non-Convention states), plus certified Turkish translation for filing.

Governing statutory provisions under Turkish law

6493~~LAW NO.~~

Law on Payment and Securities Settlement Systems, Payment Services and Electronic Money Institutions

Governs payment institutions and electronic-money institutions, including licensing by the Central Bank (TCMB), minimum paid-in capital, fit-and-proper requirements and continuing supervision.

6362~~LAW NO.~~

Capital Markets Law (as amended by Law No. 7518)

As amended by Law No. 7518, in force July 2024, it brings crypto-asset service providers under Capital Markets Board authorisation, with capital, governance, custody-segregation, information-security and reporting requirements.

5411~~LAW NO.~~

Banking Law

Governs banking activity — deposit-taking and credit — under the licensing and supervision of the BDDK, separately from the Central Bank's payments role and the CMB's crypto role.

Banking, Finance & Fintech in Türkiye: Licensing Stages, Restructuring & Compliance