Asset Purchase Agreement

"What are the advantages of asset purchases vs share purchases in Turkey?"

Quick Answer

Asset purchases allow selective acquisition and may avoid hidden liabilities. However, they may trigger VAT and require individual contract assignments.

Scope and Legal Distinctions

An asset purchase transfers identified assets, whereas a share purchase changes ownership of the company. Liabilities, employment, licences and an enterprise transfer may trigger rules beyond the agreed asset list.

What to Check in Practice

Prepare an asset and liability schedule, title and security searches, consent matrix and employee analysis. Do not assume every permit follows the assets automatically.

Sources & Authorities

Statutory framework and official guidance for this definition.

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