ANTICIPATED MINIMUM WAGE INCREASE MAY BE ANNOUNCED IN JULY 2022
We would like to inform you that in accordance with the non-official statements of the relevant governmental units, as well
KEY CHANGES TO THE COMMUNIQUÉ ON MERGERS AND ACQUISITIONS SUBJECT TO PERMISSION OF COMPETITION BOARD
The Communiqué numbered 2022/2 (the “Amending Communique”) on “Amending Communique” Numbered 2010/4 Concerning the Mergers and Acquisitions Requiring Permission of the Turkish Competition
SIGNIFICANT AMENDMENTS IN THE CONSUMER PROTECTION LAW
The Law on the Amendment to the Consumer Protection and Property Ownership Law (in Turkish, “Tüketicinin Korunması Hakkında Kanun ile
MANDATORY MEDIATION UNDER TURKISH LAW
1. Mediation in Commercial Disputes Mediation is a compulsory practice in Turkey, in relation to employment, consumer and commercial disputes where
REQUIREMENT OF WEARING MASK INDOORS EXCEPT ON PUBLIC TRANSPORTATION AND IN HEALTH INSTITUTIONS HAVE ENDED IN TURKEY
As mentioned in our Newsletter dated 3 March 2022, the Ministry of Health and the Coronavirus Science Committee discussed Covid-19
AMENDMENT REGARDING THE POSSIBILITY TO DETERMINE THE PRICE AND OTHER CONTRACTUAL PAYMENT OBLIGATIONS IN FOREIGN CURRENCY OR INDEXED TO FOREIGN CURRENCY FOR SALE OF MOVABLES
The Communiqué (Communiqué No: 2008-32/34) Regarding the Decree No: 32 on the Protection of the Value of the Turkish Currency
ADVERTISING RULES TO BE ABIDED BY INFLUENCERS ON SOCIAL MEDIA CHANNELS
As we previously informed you in our Newsletter dated 27 May 2021, the basic provisions on the social media influencers
ANNOUNCEMENT OF PERSONAL DATA PROTECTION BOARD ON THE REGISTRATION WITH DATA CONTROLLERS’ REGISTRY (“VERBIS”)
With reference to our Newsletters dated 16 March 2021 and 13 October 2021 whereby we informed you on the obligation
GUIDELINE WITH RESPECT TO REGULATIONS GOVERNING CAPITAL LOSS AND NEGATIVE EQUITY
The protection of the share capital in the equity is the most important principle for Turkish companies and therefore, the
VIOLATION OF THE LEASE CONTRACT SOLELY SHALL NOT BESTOW LESSOR RIGHT OF TERMINATION
Turkish Code of Obligations numbered 6098 (hereinafter the “TCO”) (In Turkish, “Türk Borçlar Kanunu”) that came into force on 1