We refer to our Newsletter dated 24 January 2024 informing you regarding the below mentioned announcement and advertisement tax. The payment of the Environmental Tax, if had not been paid until the end of the month May in full and

We refer to our Newsletter dated 12 July 2024 which informed you that the Regulation on the Procedures and Principles Regarding the Transfer of Personal Data Abroad (the “Regulation”) was published in the Official Gazette numbered 32598 and dated 10

With reference to our Newsletter dated 28 June 2024 and titled “Amendments to the Personal Data Protection Code Have Entered Into Force”, where we informed you about significant amendments to the Turkish Data Protection Law, we would like to inform

We would like to inform you that the Regulation on the Procedures and Principles Regarding the Transfer of Personal Data Abroad (the “Regulation”) was published in the Official Gazette numbered 32598 and dated 10 July 2024. The Regulation has come

We refer to our Newsletter dated 22 June 2023 whereby we had informed you that the temporary provision in Turkish Code of Obligations that limits the rent increase in residential lease contracts with 25% maximum was extended until 1 July

In Türkiye, the cash payments are allowed only up to a legal ceiling determined by the Communiqué No: 459 published in the Official Gazette numbered 29572 and dated 24 December 2015. The purpose of such a limitation is providing transparency

With reference to our Newsletter dated 28 June 2024 and titled “Türkiye's Removal from FATF's Grey List”, we would like to inform you that on 28 June 2024, FATF published “Outcomes FATF Plenary, 26-28 June 2024” stating that Türkiye has

Today, the sixth and final Plenary of the Financial Action Task Force (“FATF”, in Turkish, “Mali Eylem Görev Gücü”) under the Presidency of T. Raja Kumar of Singapore concluded. As per the public announcement of the Ministry of Treasury and Finance of

With reference to our Newsletter dated 18 March 2024 and titled “Significant Amendments to the Turkish Data Protection Law”, the amendments to the Personal Data Protection Code (“Code”) regulated thereunder have entered into force as of 1 June 2024. In accordance

The Regulation on Amendments to the Independent Audit Regulation (in Turkish, “Bağımsız Denetim Yönetmeliğinde Değişiklik Yapılmasına Dair Yönetmelik”, the “Amending Regulation”) prepared by the Public Oversight, Accounting and Auditing Standards Authority (in Turkish, “Kamu Gözetimi, Muhasebe ve Denetim Standartları Kurumu”,

This Newsletter outlines the amendments made to certain articles of the Turkish Commercial Code numbered 6102 and dated 13 January 2011 (in Turkish, “6102 sayılı Türk Ticaret Kanunu”) (the “TCC”), with the Law Amending the Turkish Commercial Code and Other

As you may remember from our Newsletter dated 27 November 2023, the legislation regarding the new minimum share capital amounts for Joint Stock Companies and Limited Liability Companies has come into effect as of 1st January 2024 and this amendment

In the area of advertising, according to Turkish Law, language serves as a crucial tool for ensuring consumer clarity and protection. While there are no explicit bans on foreign language use, it's essential to align with regulations outlined in the

Foreign investor is defined in Article 2 of the Foreign Direct Investments Law numbered 4875 (in Turkish “Doğrudan Yabancı Yatırımlar Kanunu”, hereinafter referred to as the “Law”). Accordingly, foreign investors are: Real persons who possess foreign nationality and Turkish nationals

An employer representative (in Turkish “İşveren Vekili”) is an authorized individual entrusted in the management of the workplace (in Turkish, “işyeri”) and the enterprise (in Turkish, “işletme”). Article 2 of the Labor Code Numbered 4857 (the “Code”) titled “Definitions” defines employer

In previous years, the resolutions of the Ordinary General Assembly Meeting of Shareholders of the companies registered before the Istanbul Trade Registry Office, which did not include any item subject to registration, but only the decisions on the approval of

European Union countries including France, Italy and Spain, as well as the United Kingdom have moved into summertime on Sunday, 31 March 2024 at 2 a.m., setting clocks forward an hour. As Türkiye had ceased the implementation of wintertime with the

The amendments to the Law numbered 6698 on the Protection of Personal Data ("LPPD"), adopted by Law numbered 7499 on the Amendments of the Code of Criminal Procedure and Certain Laws (“Amending Law”), were published in the Official Gazette numbered

The Communiqué numbered 2024-32/69 amending the Communiqué on Decree numbered 32 on the Protection of Value of Turkish Currency (Communiqué numbered 2008-32/34) (in Turkish "Türk Parası Kıymetini Koruma Hakkında 32 Sayılı Karara İlişkin Tebliğ (Tebliğ No: 2008-32/34)'de Değişiklik Yapılmasına Dair

ANNOUNCEMENT AND ADVERTISEMENT TAX As per the Article 12 of the Municipal Revenues Code numbered 2464 (in Turkish, “Belediye Gelirleri Kanunu”), all kinds of advertisements and announcements made within the municipal boundaries and the areas under the control and

This Newsletter provides information relating to the certain provisions of the Communiqué on Commercial Books (in Turkish, “Ticari Defterlere İlişkin Tebliğ”) (hereinafter referred to as the “Communiqué”) on the commencement and year-end closing certifications of the commercial books of joint

The Circular on “Financial and Social Rights” with the serial number 1 (in Turkish, “Mali ve Sosyal Haklar Hakkında Genelge (Sıra No:1)”, the “Circular”) has been published by the Ministry of Treasury and Finance, General Directorate of Public Financial Management

We refer to our Newsletter dated 28 December 2023 regarding the minimum wage determination and its announcement by the Ministry of Labor and Social Security and the Minimum Wage Determination Committee for the year 2024. We would like to inform

We refer to our Newsletter dated 24 November 2023 regarding the statements of relevant governmental officials related with an increase in the minimum wage. As it is known, a minimum wage is the lowest remuneration that employers can legally pay their

The workplaces which will be opened and operated in Türkiye are subject to the Regulation on Business and Operating Licenses (in Turkish, “İşyeri Açma ve Çalışma Ruhsatlarına İlişkin Yönetmelik”, the “Regulation”), published in the Official Gazette dated 10 August 2015

The President’s Decision numbered 7887, published in the Official Gazette dated 24 November 2023, amending article 332 and first paragraph of article 580 of the Turkish Commercial Code numbered 6102 shall enter into force on 1 January 2024. According to

We would like to inform you that in accordance with the statements of relevant governmental officials, an increase in the minimum wage will be announced in the coming month of December. Labor Code numbered 4857 (the “Code”) (in Turkish, “İş Kanunu”) envisages

The Price Tag Regulation has been published in the Official Gazette numbered 29044 dated 28 June 2014 (in Turkish, “Fiyat Etiketi Yönetmeliği”, the “Regulation”). Article 4 of the Regulation entitled “Definitions” defines the price tag as “The label used by sellers

As we informed you with our Newsletter dated 5 January 2023, the Regulation on the Amendment of the Distance Contracts Regulation (“Mesafeli Sözleşmeler Yönetmeliğinde Değişiklik Yapılmasına Dair Yönetmelik”, the “Amendment Regulation”) was published in the Official Gazette on 23 August

The Law numbered 5549 for Prevention of Laundering of Crime Revenues, published in the Official Gazette numbered 26323 and dated 18 October 2006, entered into force on the same date (in Turkish, “5549 Sayılı Suç Gelirlerinin Aklanmasının Önlenmesi Hakkında Kanun”,

As per our Newsletter dated 8 November 2022, we informed you regarding the Communiqué on the Amendments of the Communiqué on the Procedures and Principles of the Implementation of Article 376 of the Turkish Commercial Code No. 6102 entered into

Mutual Termination Agreement (“MTA”) is not expressly regulated under Turkish Labor Law, however, is based on Article 26 of the Turkish Code of Obligations titled “Freedom of Contract” and recognized by Supreme Court decisions. MTAs envisage an economic benefit for the

European Union countries including France, Italy and Spain have moved into wintertime on Sunday, October 29th at 3 a.m., setting clocks back an hour. On the other hand, in the United Kingdom, clocks are set back an hour on Sunday, October

A lease agreement is a contractual arrangement where the lessor accepts to leave the use of an asset or benefit of such asset to the Lessee and the Lessee, in return, accepts to pay the agreed rental fee. It should

A lease agreement is a contractual arrangement where the lessor accepts to leave the use of an asset or benefit of such asset to the Lessee and the Lessee, in return, accepts to pay the agreed rental fee. It should

The Notification Law numbered 7201 (in Turkish “Tebligat Kanunu”, hereinafter referred to as the “Law”) was modified in March 2018 with Law numbered 7101 on the amendment of the Bankruptcy Law and Other Laws. Based on this change of legislation, a

In our previous Newsletter dated 24 April 2023, we informed you of the Law numbered 7445 on Amending Code of Enforcement and Bankrupcy and Certain Laws (in Turkish “İcra ve İflas Kanunu ile Bazı Kanunlarda Değişiklik Yapılmasına Dair Kanun”) that

The Hague Convention Abolishing the Requirement of Legalization for Foreign Public Documents dated 5 Octobre 1961 (in Turkish, “LaheyYabancı Resmi Belgelerin Tasdiki Mecburiyetinin Kaldırılması Sözleşmesi”), more commonly known as “La Convention de la Haye du 5 Octobre 1961” (hereinafter referred

In our previous Newsletter dated 24 April 2023, we informed you of the Law numbered 7445 on Amending Code of Enforcement and Bankrupcy and Certain Laws (in Turkish “İcra ve İflas Kanunu ile Bazı Kanunlarda Değişiklik Yapılmasına Dair Kanun”) that

As per the decision of the Personal Data Protection Board published in the Official Gazette dated 18 August 2018 and numbered 2018/87, "real or legal person data controllers with an annual number of employees are less than 50 and their

The Decision Amending the Decision on the Pricing of Pharmaceutical Products for Human Health (the “Decision”) has been entered into force by the Presidential decision numbered 7399, published in the Official Gazette dated 23 July 2023 and numbered 32257. As per

For various purposes such as bringing the obligation to issue a warranty certificate for medical devices to be used in hospitals, expanding the scope of centers where some medical devices are sold in order to facilitate the access of citizens

The Value Added Tax (VAT, in Turkish, “KDV”) applicable to the goods and services on a general basis will be increased from 18% to 20% and while the 8% VAT applicable to the certain goods and services will be increased

In our previous Newsletters, we had informed you of the Law on the Amendment of the Law on Judges and Prosecutors and Some Other Laws numbered 7413 (in Turkish: “7413 Sayılı Hâkimler Ve Savcılar Kanunu İle Bazı Kanunlarda Değişiklik Yapılmasına

We would like to inform you that following the 3rd Minimum Wage Determination Commission Meeting held on 20 June 2023, the minimum monthly wage increase rate that will be effective as of 1 July 2023 has been determined. As you may

We would like to inform you that in accordance with the statements of relevant governmental units, as well as the high expectations in this respect, an increase in the minimum wage will be announced in the coming month of July. Labor Code

1. Definition Of A Lease Contract, Leases In General And Legislative Basis For Eviction Article 299 of the Turkish Code of Obligations (“TCO”) defines a lease contract as  a contract whereby the lessor undertakes to grant the lessee the use of

A new Cosmetic Regulation (in Turkish, “Kozmetik Ürünler Yönetmeliği”, hereinafter referred to as the “New Regulation”) which has been prepared within the framework of harmonization with the European Union legislation by taking into account the Regulation Numbered 1223/2009 of the

Pursuant to the Foreign Direct Investments Law numbered 4875 (in Turkish “Doğrudan Yabancı Yatırımlar Kanunu”, hereinafter referred to as the “Law”) and to the Regulation for the Implementation of the Foreign Direct Investments Law published in the Official Gazette dated

The Law numbered 7445 on Amending Code of Enforcement and Bankrupcy and Certain Laws (in Turkish “İcra ve İflas Kanunu ile Bazı Kanunlarda Değişiklik Yapılmasına Dair Kanun”) has made important amendments by introducing Article 18/B to the Law numbered 6325

The probationary period (in Turkish, “deneme süresi”)  is a process whereby an employee and employer may terminate the employment relationship without granting  the other party any notice period and/or without paying any compensation (notice pay and/or seniority indemnity) (in Turkish,

European Union countries including France, Italy and Spain, as well as the United Kingdom have moved into summertime on Sunday, 26 March 2023 at 2 a.m., setting clocks forward an hour. As Turkey had ceased the implementation of wintertime with the

The Regulation regarding the Shopping Malls (in Turkish, “Alışveriş Merkezleri Hakkında Yönetmelik”, hereinafter referred to as the “Regulation”) has been issued by the Ministry of Trade, published in the Official Gazette dated 26 February 2016 and numbered 29636. As a brief

The Regulation on the Procedures and Principles Applicable to the Immovable Sales Contracts Executed by the Notary Publics (In Turkish, “Noterler Tarafından Düzenlenen Taşınmaz Satış Sözleşmelerine Uygulanacak Usul Ve Esaslar Hakkında Yönetmelik”, the “Regulation”) has been published in the Official

The Regulation on the Amendment of the Distance Contracts Regulation (“Mesafeli Sözleşmeler Yönetmeliğinde Değişiklik Yapılmasına Dair Yönetmelik”, the “Amendment Regulation”) was published in the Official Gazette on 23 August 2022 and numbered 31932. With this Amendment Regulation, new provisions have been

In this Newsletter, we intend to update you on various administrative fines which are imposed on data controllers (in Turkish, “veri sorumlusu”) within the scope of Article 18 under the title of “Misdemeanors” (in Turkish, “Kabahatler”) of the Law on

We refer to our Newsletter dated 22 December 2022 regarding the minimum wage determination and its announcement by the President for the year 2023. We would like to inform you with this additional bulletin that the Minimum Wage Determination Commission’s

The Communiqué on the Procedures and Principles To Be Followed in Foreign Notifications and Letters of Request (Rogatory Requests) (in Turkish “Yurt Dışı Tebligat Ve İstinabe Taleplerinde Uyulmasi Gereken Usul Ve Esaslara Dair Tebliğ, the “Communiqué”) was published in the Official

As it is known, a minimum wage is the lowest remuneration that employers can legally pay their employees. As per the President’s announcement of today, the minimum wage in Turkey will be increased by 54.7% as of 1 January 2023. Accordingly,

The Court of Cassation General Assembly on the Unification of Judgments (the “Court”) with docket number 2021/1 and decision number 2022/3 (in Turkish, “Yargıtay İçtihadı Birleştirme Büyük Genel Kurulu’nun 2021/1 E., 2022/3 K.  Sayılı Kararı, the “Decision”) has recently provided

We would like to inform you that the Decree Regarding the Determination of the Companies Subject to Independent Audit numbered 6434 (in Turkish, “Bağımsız Denetime Tabi Şirketlerin Belirlenmesine Dair Karar, the “Amending Decree”) was published in the Official Gazette on 30

We would like to inform you that fraud attempts may occur in money transfers between one party and its suppliers and/or vendors. The incidents indicate that the fraud attempts are made through hacking/stealing the relevant individuals’ e-mail accounts whereby changing

In our Newsletter dated 7 November 2022, we informed you that the Omnibus Law on the Amendment of the Income Tax Law and Some Laws and Decrees numbered 7420 (in Turkish, “7420 Sayılı Gelir Vergisi Kanunu ile Bazı Kanun ve Kanun Hükmünde

As we informed you in our Newsletter dated 8 December 2021, The Presidential Circular (“Circular”) numbered 2021/24 has been published in the Official Gazette dated 4 December 2021 and numbered 31679, encouraging the use of the phrase “Türkiye” in all

As per our Newsletter dated 19 April 2022, we informed you regarding the Communiqué on the Amendments on the Procedures and Principles of the Implementation of Article 376 of the Turkish Commercial Code No. 6102 (in Turkish, “6102 Sayılı Türk

The Omnibus Law on the Amendment of the Income Tax Law and Some Laws and Decrees (in Turkish, “Gelir Vergisi Kanunu ile Bazı Kanun ve Kanun Hükmünde Kararnamelerde Değişiklik Yapılmasına Dair Kanun, the“Omnibus Law”) is announced to have been enacted by

European Union countries including France, Italy and Spain have moved into wintertime on Sunday, October 30th  at 3 a.m., setting clocks back an hour. On the other hand, in the United Kingdom, clocks are set back an hour on Sunday, October

The general rule is that a lease is only enforceable among the parties of a lease agreement, i.e. the lessor and the lessee. In order to render a lease enforceable against third parties, especially a new lessor in case of

The Ministry of Commerce (the “Ministry”) has introduced a new practice that enables, in limited liability companies, the resolutions of general assembly meeting of shareholders to be adopted online via MERSIS (Mersis is a central registration online system) through expanding

The Law on the Amendment of the Law on Judges and Prosecutors and Some Other Laws numbered 7413 (in Turkish: “7413 Sayılı Hâkimler Ve Savcılar Kanunu İle Bazı Kanunlarda Değişiklik Yapılmasına Dair Kanun, the “Law”) was published in the Official

As you may recall from our Newsletter dated 23 May 2022, the Ministry of Labor and Social Security (in Turkish, “Çalışma ve Sosyal Güvenlik Bakanlığı”) conducted studies in order to protect employees from high inflation rates in Turkey and that

As you may recall from our Newsletter dated 7 December 2021, we have informed you about the Law numbered 805 on Compulsory Use of Turkish Language in Commercial Businesses (in Turkish, “805 Sayılı İktisadi Müesseselerde Mecburi Türkçe Kullanılması Hakkında Kanun”,

We refer to our Newsletter dated 9 June 2022 whereby we informed you that a temporary regulation regarding the rent increase has been announced and the details of such an arrangement would be published soon. The temporary provision which limits the

We refer to our Newsletter dated 6 June 2022 whereby we informed you that a temporary regulation regarding the rent increase has been envisaged and the details of such an arrangement would be announced soon. The Minister of Justice has announced

According to article 344 of Turkish Code of Obligation numbered 6098 (in Turkish, “Türk Borçlar Kanunu”), the rent increase rate at most is calculated by taking the 12-month CPI average (in Turkish, “TÜFE 12 aylık ortalamalara göre değişim oranı”) of

We refer to our Newsletter dated 17 January 2022. PCR Test Requirements regarding the entry conditions when travelling to Türkiye have now been abolished. The Ministry of the Interior has issued a Circular regarding PCR Test Requirement on Entry into the

As you may recall from our Newsletter dated 26 April 2022, the Ministry of Health and the Coronavirus Science Committee decided that Covid-19 restrictions and the requirement of wearing masks indoors, except on public transportation and in health institutions were

The right to information is the right of individuals and companies to access information and documents held by public authorities. In this way, public authorities become as transparent as possible. The Law on Right to Information numbered 4982 (in Turkish,

We would like to inform you that in accordance with the non-official statements of the relevant governmental units, as well as the high expectations in this respect, an increase in the minimum wage may be announced in the coming month of

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 Board (in Turkish, “Rekabet Kurulundan İzin Alınması Gereken Birleşme ve Devralmalar Hakkında Tebliğ’de (Tebliğ No: 2010/4) Değişiklik Yapılması Hakkında Tebliğ

The Law on the Amendment to the Consumer Protection and Property Ownership Law (in Turkish, “Tüketicinin Korunması Hakkında Kanun ile Kat Mülkiyeti Kanunda Değişiklik Yapılmasına Dair Kanun”, hereinafter referred to as “Amendment Law”) was published in the Official Gazette dated 1

1. Mediation in Commercial Disputes Mediation is a compulsory practice in Turkey, in relation to employment, consumer and commercial disputes where mediation is a cause of action (in Turkish, “dava şartı”). The Law on the Execution Proceedings for the Collection of Monetary

As mentioned in our Newsletter dated 3 March 2022, the Ministry of Health and the Coronavirus Science Committee discussed Covid-19 restrictions and the obligation of wearing masks outdoors was abolished. Following the positive developments in the pandemic process that have

The Communiqué (Communiqué No: 2008-32/34) Regarding the Decree No: 32 on the Protection of the Value of the Turkish Currency (in Turkish, “Türk Parası Kıymetini Koruma Hakkında 32 Sayılı Karara İlişkin Tebliğ (Tebliğ No: 2008-32/34) (“Communiqué”) has been amended several

As we previously informed you in our Newsletter dated 27 May 2021, the basic provisions on the social media influencers were for the first time regulated in the Guideline on Commercial Advertisement and Unfair Commercial Practices made by Social Media

With reference to our Newsletters dated 16 March 2021 and 13 October 2021 whereby we informed you on the obligation to register with Data Controllers Registry (in Turkish, “Veri Sorumluları Sicil Bilgi Sistemi”, in short “VERBIS”) and on the postponed

The protection of the share capital in the equity is the most important principle for Turkish companies and therefore, the capital loss and negative equity positions (or by definion in practice technical insolvency) of the companies and the measures to

Turkish Code of Obligations numbered 6098 (hereinafter the “TCO”) (In Turkish, “Türk Borçlar Kanunu”) that came into force on 1 July 2012 envisages provisions in relation to the lease agreement under the Turkish law system. In principle, the violation of the

European Union countries including France, Italy and Spain, as well as the United Kingdom have moved into summertime on Sunday, 27 March 2022 at 3 a.m., setting clocks forward an hour. As Turkey had ceased the implementation of wintertime with the

With reference to our Newsletter dated 23 November 2021 related with the Regulation on Jewelry Trade (in Turkish, “Kuyum Ticareti Hakkında Yönetmelik”, the “Regulation”) whereby we informed you about the obligation to obtain a certificate of authorization (in Turkish, “Yetki

As you may kindly recall from our Newsletter dated 17 January 2022 titled “Rearrangement of PCR Test Requirement”, the requirement to take a PCR test has been abolished for several circumstances as per the “Circular” dated 15 January 2022 issued

The Amending Regulation on the Price Tag Regulation (In Turkish, “Fiyat Etiketi Yönetmeliği’nde Değişiklik Yapılmasına Dair Yönetmelik”, “Amending Regulation”) has been published in the Official Gazette dated 18 February 2022, numbered 31754 and entered into force on 1 March 2022. The

Following the amendment of Article of 40 of the Turkish Commercial Code numbered 6102, the Ministry of Trade published an announcement on MERSIS (the online Trade Registry Central Registration System) related with digital signature declaration (in Turkish, “imza beyannamesinin elektronik

Following the implementation of measures, the positive developments in the pandemic process have taken place, thereby the recommendations of the Ministry of Health and the Coronavirus Science Committee were discussed on 2 March 2022. It was evaluated that the following the

The Ministry of Trade amended the Regulation on Commercial Advertisement and Unfair Commercial Practices (the “Regulation”). The amending Regulation was published in the Official Gazette numbered 31737 on 1 February 2022 (the “Amending Regulation”) (in Turkish, “Ticari Reklam ve Haksız Ticari

The Ministry of the Interior has issued the Circular regarding PCR Test Requirement (in Turkish, “PCR Test Zorunluluğuna İlişkin Genelge”) on 15 January 2022, pursuant to the recent course of the coronavirus outbreak in Turkey and the recommendations of the

As we informed you with our Newsletter dated 23 November 2021, the Regulation on Jewelry Trade (the “Regulation”) has been published in the Official Gazette numbered 31454 on 14 April 2021 and entered into force as of the same date. The

Following the significant increase in Covid-19 cases in Turkey due to the spread of Omicron variant, the Scientific Advisory Board of the Ministry of Health has reconvened and adopted several decisions regarding the rearrangement of quarantine rules for Covid-19 patients

As you are aware, as per the mandatory Article 344 of the Turkish Code of Obligations, the rent increase of the business premises is also limited by the consumer price index (hereinafter referred to as “CPI”) (in Turkish, “TÜFE”) as

As we previously informed you with our Newsletter titled “New Regulation Regarding the Notifications to be Served Electronically to the Employers by the Social Security Institution” dated 8 October 2021, with the Regulation on the Notifications To Be Served Electronically

As it is known, a minimum wage is the lowest remuneration that employers can legally pay their employees. The Minimum Wage Determination Commission is the authorized institution to determine the minimum wage in Turkey. Following the meetings held within the

Similar to previous years, as we approach the year-end, we present to your attention the requirements for the annual certification of company commercial books (in Turkish, “şirketin ticari defterleri”). According to Article 64 of the Turkish Commercial Code numbered 6102

The Presidential Circular (“Circular”) numbered 2021/24 has been published in the Official Gazette dated 4 December 2021 and numbered 31679, encouraging the use of the phrase “Türkiye” in all correspondences activities to strengthen its brand. The Circular emphasizes that this decision

Law numbered 805 on the Compulsory Use of Turkish Language in Commercial Businesses (in Turkish, “İktisadi Müesseselerde Mecburi Türkçe Kullanılması Hakkında Kanun”, the “Law”) was published in the Official Gazette numbered 353 on 22 April 1926 and entered into force as of the

The Law No. 5549 for Prevention of Laundering of Crime Revenues, published in the Official Gazette numbered 26323 and dated 18 October 2006, entered into force on 16 February 2013 (in Turkish, “5549 Sayılı Suç Gelirlerinin Aklanmasının Önlenmesi Hakkında Kanun”,

The Regulation on Jewelry Trade (the “Regulation”) has been published in the Official Gazette numbered 31454 on 14 April 2021 and entered into force as of the same date. The deadline for applying for a certificate of authorization is 31 December

The General Directorate of the Land Title Registry and Cadastre (in Turkish, “Tapu ve Kadastro Genel Müdürlüğü”) issued a new circular (hereinafter referred to as the “Circular”) numbered 2021/7 on 11 October 2021, which provides principles for the implementation of

The Omnibus Law numbered 7341 on the Amendment to Law on the Foundation and Duties of the Turkish Exporters Assembly and the Exporters' Associations and to Certain Laws (in Turkish, “Türkiye İhracatçılar Meclisi ile İhracatçı Birliklerinin Kuruluş ve Görevleri Hakkında

The Turkish Personal Data Protection Authority (in Turkish, “Kişisel Verileri Koruma Kurumu”,hereinafter referred to as the “Authority”) has published a Guideline on Points to Take into Consideration When Processing Biometric Data (hereinafter referred to as “Guideline”) on 17 September 2021. The

European Union countries including France, Italy and Spain have moved into winter time on Sunday, October 31st at 3 a.m., setting clocks back an hour. On the other hand in the United Kingdom, clocks are set back an hour on Sunday,

The Amending Regulation on the Zero Waste Regulation (in Turkish, “Sıfır Atık Yönetmeliğinde Değişiklik Yapılmasına Dair Yönetmelik”) (hereinafter referred to as the “Amending Regulation”) has been published in the Official Gazette numbered 31623 on 9 October 2021 and entered into

As you may remember from our Newsletter dated 16 March 2021, we informed that pursuant to the decision dated 11 March 2021 and numbered 2021/238 of the Personal Data Protection Authority published on 16 March 2021 in the Official Gazette,

The Regulation on the Notifications To Be Served Electronically By The Social Security Institution (“SSI”) (in Turkish, “Sosyal Güvenlik Kurumunca Elektronik Ortamda Yapılacak Tebligata İlişkin Yönetmelik”) (hereinafter referred to as the “Regulation”) has been published in the Official Gazette numbered

The Law on the Approval of Ratification of the Paris Agreement numbered 7335 (in Turkish “Paris Anlaşmasının Onaylanmasının Uygun Bulunduğuna Dair Kanun”) (hereinafter referred to as the “Law”) has been adopted on 6 October 2021, published in the Official Gazette

We would like to inform you that the Regulation on Emergencies in Workplaces (in Turkish, “İşyerlerinde Acil Durumlar Hakkında Yönetmelikte Değişiklik Yapılmasına Dair Yönetmelik”) has been amended with the publication of the Amendment Regulation (hereinafter referred to as the “Amendment

We would like to inform you that the Personal Data Protection Authority (the “Authority”) (in Turkish, “Kişisel Verileri Koruma Kurumu”) has made a public announcement on 28 September 2021 on its official website regarding the implementation of Covid-19 PCR test

We would like to inform you that according to the newly updated “Contact Tracking, Pandemic Management, Patient Monitoring and Filiation at Home” guide of the Ministry of Health; quarantine rules shall be eased for individuals who have had at least

With reference to our Newsletter dated 3 September 2021 regarding “Mandatory PCR Test for the Employees Who Have Not Been Vaccinated”, we would like to further inform you that as per the same Announcement, the employers are under an obligation

The Ministry of Labor and Social Security has declared that its their duty to ensure the health and security measures to be implemented at work places, and hence issued a Communiqué dated 3 September 2021 in this respect. As per this

The Turkish Tax Procedural Law General Communiqué serial numbered 529 (“the Communiqué”) concerning the notification obligation of the information related to the actual/real beneficiary (in Turkish, “gerçek faydalanıcı bilgisi”) to the tax authority, has come into effect by being published

In our previous Newsletter on adaptation of lease contracts due to the Covid-19, we informed you that the 4thChamber of the Bursa Regional Court of Justice with its docket numbered 2020/1103 decision numbered 2020/1008 and dated 28 September 2020 has

The Notaries Union published a circular numbered 2021/12 dated 6 July 2021 regarding the nature of the notices of unilateral termination of contracts, as well as the stamp duty obligation arising from such notices. The purpose of the circular addressed to

The Law Amending the Enforcement and Bankruptcy Law and Certain Laws numbered 7327 (“Amendment Law”) was published in the Official Gazette on 19 June 2021. The Law brought certain amendments to the provisions of the Enforcement and Bankruptcy Law (“EBL”)

The Law Amending the Enforcement and Bankruptcy Law and Certain Laws numbered 7327 (“Amendment Law”) was published in the Official Gazette on 19 June 2021. This Omnibus Law brought certain amendments to the Condominium Ownership Law dated 23 June 1965

In the previous newsletter published on 22 June 2021, we mentioned that we will provide more detailed information after the publication of the relevant circular. The Ministry of the Interior issued the Circular dated 27 June 2021 regarding Measures related to

Cross-border data transfers in Turkey has always been a discussed problematic issue as of the enforcement of the Personal Data Protection Code Numbered 6698 (in short “PDPC”). As a rule, sensitive and non-sensitive personal data can be transferred abroad if the

As you are aware, the curfew hours on weekdays and weekends were rearranged in accordance with the decisions taken at the beginning of June. According to the decision, curfew has been implemented between 22:00 p.m. - 05:00 a.m. on Monday,

As a result of the increase in the speed of Covid-19 vaccination across the country, especially following the latest statement made by the Ministry of Health on 14 June 2021 regarding that all employees registered with the Social Security Institution

The Amendment Regulation (hereinafter referred to as the “Amendment Regulation”) on the main legislation governing the formalities for general assembly meetings of joint-stock companies, “Regulation on the Procedures and Principles of General Assembly Meetings of Joint Stock Corporations and Ministry

Following the full lockdown period, the positive developments in the pandemic process have taken place, thereby the recommendations of the Ministry of Health and the Coronavirus Science Committee were discussed in the Presidential Cabinet dated 31 May 2021; within the

The Regulation on the “CE” Mark (in Turkish, “CE İşareti Yönetmeliği”) (hereinafter referred to as the “Regulation”), which was prepared based on the Article 24 of the Law on Product Safety and Technical Regulations numbered 7223 (hereinafter referred to as

The Guideline on Commercial Advertisement and Unfair Commercial Practices made by Social Media Influencers (in Turkish, “Sosyal Medya Etkileyicileri Tarafından Yapılan Ticari Reklam Ve Haksız Ticari Uygulamalar Hakkında Kılavuz”, hereinafter referred to as the “Guideline”), which was prepared based on

As you are aware, the Ministry of Interiors has published its public mandate titled “Circular on Full Lockdown Measures for 81 Provincial Governorships” dated 26 April 2021, setting forth detailed regulations on full lockdown and intercity travel restriction. The Council of

As you are aware, the Presidential Decision numbered 3592 published in the Official Gazette dated 9 March 2021 and numbered 31418, had extended the period of the prohibition on the unilateral termination of employment contracts by the employer and employers’

As you are aware, the lockdown which was currently in effect, was being imposed between 7 p.m. until 5 a.m on weekdays and throughout the whole weekend pursuant to the previous Circular of the Ministry of Interiors dated 14 April

The Coronavirus (Covid -19) outbreak has been declared as a pandemic by the World Health Organization and consequently similar to many countries around the world, Turkey has taken important measures to prevent the spread of the Covid -19. One of

Following the new restriction decisions imposed due to the Coronavirus pandemic as per the decision of the Presidency Cabinet dated 13 April 2021, details of which we have disclosed in our previous Newsletter dated 14 April 2021, the Chairman of

As you are aware, the curfew which was currently in effect, was being imposed between 9 p.m. until 5 a.m on weekdays, pursuant to the previous Circular of the Ministry of Interiors dated 1 December 2020. As per the decision of

The Communiqué Regarding The Notification and Registration Of Bearer Shares To The Central Registry Agency (“CRA”) (in Turkish, “Hamiline Yazılı Pay Senetlerinin Merkezi Kayıt Kuruluşuna Bildirilmesi ve Kayıt Altına Alınması Hakkında Tebliğ”) prepared by the Ministry of Commerce has been

The Communiqué Amending the Communiqué on Execution of the Articles of Association Before Trade Registry Offices (in Turkish, “Şirket Kuruluş Sözleşmesinin Ticaret Sicili Müdürlüklerinde İmzalanması Hakkında Tebliğde Değişiklik Yapılmasına Dair Tebliğ”) (hereinafter referred to as the “Amending Communiqué”) has been

As you are aware, the majority of the Companies had to switch to remote working system in order to protect the health of their employees following the emergence of the Covid-19 pandemic. In  light of this matter, as of 10

As you are aware, pursuant to the Income Tax Law numbered 193, wages other than those exempted from tax are subject to income tax through deductions. Previously, wages received from a single employer were not subject to declaration, regardless of their

Pursuant to the decision numbered 2021/38 of the Personal Data Protection Authority published on 16 March 2021in the Official Gazette, the deadlines for the registration with the Data Controllers Registry (VERBIS) has been extended. We would like to inform you of

As you are aware, the Presidential Decision numbered 3344 published in the Official Gazette dated 30 December 2020, had extended the period of the prohibition on the unilateral termination of employment contracts by the employer and employers’ option to send

As you are aware, the Presidential Decision numbered 3317, which was published in the Official Gazette dated 23 December 2020, had extended the period of short-time work allowance (in Turkish, “Kısa Çalışma Ödeneği”), for an additional two (2) months, within

As you are aware, as per the mandatory Article 344 of the Turkish Code of Obligations, , the rent increase of the business premises is also limited by the consumer price index (hereinafter referred to as “CPI”) (in Turkish, “TÜFE”)

As you are aware, as per the mandatory Article 344 of the Turkish Code of Obligations, as of the date of 1 July 2020, the rent increase of the business premises is also limited by the consumer price index (hereinafter

This Newsletter provides information relating to the certain provisions ofthe Communiqué On Commercial Books (in Turkish, “Ticari Defterlere İlişkin  Tebliğ”) (hereinafter referred to as the “Communiqué”), on the commencement and year-end closing certifications of the commercial books of joint stock

As per the Public Procurement General Communiqué (in Turkish, “Kamu İhale Genel Tebliğ”) (hereinafter referred to as the “Communiqué”), each real or legal person participating in tenders to be conducted within the scope of the Public Procurement Law numbered 4734

The Regulation on the Amendment of the Regulation on Warranty Certificate (in Turkish “Garanti Belgesi Yönetmeliğinde Değişiklik Yapılmasına Dair Yönetmelik”), the Regulation on the Amendment of the Regulationon After Sales Services (in Turkish “Satış Sonrası Hizmetler Yönetmeliğinde Değişiklik Yapılmasına Dair

Law on Preventing the Financing of the Proliferation of Weapons of Mass Destruction numbered 7262 which contains a part concerning amendment of the provisions on bearer shares of the Turkish Commercial Code numbered 6102 dated 1 July 2012 (the “TCC”),

As you are aware, the Presidential Decision numbered 3135 published in the Official Gazette dated 27 October 2020, had extended the period of the prohibition on the unilateral termination of employment contracts by the employer and employers’ option to send

As it is known, a minimum wage is the lowest remuneration that employers can legally pay their employees. The Minimum Wage Determination Commission is the authorized institution to determine the minimum wage in Turkey. Following the meetings held within the

An amendment proposal on Law on Preventing the Financing of the Proliferation of Weapons of Mass Destruction (“Proposed Amendment”) were submitted to the Grand National Assembly of Turkey (T.B.M.M.) on 16 December 2020 and was adopted by the Judicial Commission

As you are aware, the Presidential Decision numbered 3134, which was published in the Official Gazette dated 27 October 2020, had extended the period of short-time work allowance (in Turkish “Kısa Çalışma Ödeneği”), for an additional two (2) months, within

As per the decision of the Presidency Cabinet dated 14 November 2020, it was decided to impose curfews within the scope of the new measures which is valid continuously from Thursday, December 31st, 9 p.m until Monday, January 4th, 5

As per the decisions made by the Presidential Cabinet and announced on 15 December 2020, the application period of the reduction on withholding tax (in Turkish, “stopaj”) on workplace rental fees, which was previously reduced from 20 percent (20%) to

As per the Presidential Decision dated 30 November 2020 and numbered 3238, the application period for the short-term work allowance (in Turkish “Kısa Çalışma Ödeneği”) had been extended. In this respect, the workplaces requesting short-time work for the period after 1 December 2020

As per the decision of the Presidency Cabinet dated 30 November 2020, it was decided to impose curfews within the scope of the new measures which is valid between 9 p.m. and 5 a.m. on weekdays and a full lockdown

As per the very recent emerging press release dated 30 November 2020 made by the Ministry of Commerce of the Republic of Turkey (“Ministry”), it has been announced that the deadlines for registration and uploading current approvals provided by service

“Information Guideline for Cosmetic Product Manufacturers, Consumers, Establishments Providing Service and Professionals Using Professional Products” (in Turkish, “Kozmetik Ürün Üreticisi, Tüketicisi, Hizmet Sunulan Müessese ve Profesyonel Ürünleri Uygulayan Profesyonel Kişiler İçin Bilgilendirme Kılavuzu”, hereinafter referred to as the “Guideline”) has

With the Regulation on Amendment of the Regulation on Commercial Communication and Commercial Electronic Messages (the “Amending Regulation”), published in the Official Gazette dated 4 January 2020 by the Ministry of Commerce of the Republic of Turkey (“Ministry”), the provisions

1. Regulation Regarding the Amendments on the Warranty Certificate Regulation “Regulation Regarding the Amendments on the Warranty Certificate Regulation”, prepared by the Ministry of Commerce, was published in the Official Gazette dated 5 November 2020 and numbered 31295. This regulation will

With the Communiqué (the “New Communiqué”) related with the Amendments on the Procedures and Principles regarding the Application of the Provisional Article 13 of the Turkish Commercial Law No.6102 (“TCL”) published in the Official Gazette dated 28 October 2020, the

As you are aware, the Presidential Decision numbered 2915 published in the Official Gazette dated 31 August 2020, had extended the period of short-term work allowance (in Turkish “Kısa Çalışma Ödeneği”), for an additional two (2) months, within the same

As you may remember from our Newsletter concerning ‘VERBIS’ (Data Controllers Registry), pursuant to the decision of the Personal Data Protection Authority  (“Authority”) published on 25 June 2020 in the Official Gazette, the new deadlines for the registration with the

As you may remember from our previous Newsletter concerning ‘VERBIS’ (Data Controllers Registry), pursuant to the decision of the Personal Data Protection Authority published on 25 June 2020 in the Official Gazette, the new deadlines for the registration with the

With the Presidential Decision numbered 2948 published in the Official Gazette dated 18 September 2020, the implementation period of the Provisional Article 13 of the Turkish Commercial Code No.6102 regarding the prohibition on the distribution of profits more than 25%

As you are aware, the Presidential Decision numbered 2810 published in the Official Gazette dated 31 July 2020 had extended the period of short-time work allowance (in Turkish “Kısa Çalışma Ödeneği”), for one month, within the same framework of the principles

We bring forth to your attention the ordinary general assembly (“OGAM”) liabilities of limited liability companies and results of default on this. That is to say; As per the article 617/1 of the Turkish Commercial Law (“TCC”), the General Assembly

We would like to inform you that pursuant to the Presidential Decisions numbered 2810 and 2811, both of which were published in the Official Gazette dated 31 July 2020, the periods of short-term working allowance (in Turkish “Kısa Çalışma Ödeneği”),

Pursuant to the Law on the Amendment of Certain Laws and on the Establishment of a Digital Media Commission No. 7252 (hereafter referred to as “Law No.7252”) published in the Official Gazette on 28 July 2020, notable amendments have been

We refer to our Newsletter dated 14 May 2020 whereby we informed you that, according to a recent internal communiqué of the Ministry of Trade which is alleged to have been sent to all trade registry offices on 11 May

We would like you inform you that Pursuant to Paragraph 1, Provisionary Article 10 of the Labor Law No.4857, the prohibition on the unilateral termination of employment contracts by the employer, except for those terminated for just reason (those that

The Law on the Amendment of the Law on Protection of Competition (in Turkish, “Rekabetin Korunması Hakkında Kanunda Değişiklik Yapılmasına Dair Kanun”, hereinafter referred to as the “Amending Law’’) was published in the Official Gazette dated 24 June 2020 and

As you may know, the Turkish Code of Obligations No. 6098 had entered into force on 1 July 2012 by virtue of article 648 of the Code. However, the enforcement of the provisions of the Turkish Code of Obligations (the

As announced in our Newsletter of yesterday, the decision of the Personal Data Protection Authority has been published on 25 June 2020 in the Official Gazette. In accordance with this Decision, the new deadlines for the registration with the Data Controllers

Registration obligation (“Obligation”) to Data Controllers Registry (“Registry”, in Turkish, “VERBIS”) has been issued as a legal obligation for both natural and legal person data controllers as per Article 16 of the Turkish Personal Data Protection Code numbered 6698. As noted

As you know, in light of the precautions and measures to be taken against Covid-19 for the safe perseverance of the everyday activities of businesses, guidelines had been published by the Turkish Ministry of Health and the Ministry of Family,

 The Regulation on the Amendment of the Regulation regarding the Opening and Operating Licenses of the Workplaces (in Turkish, “İşyeri Açma ve Çalışma Ruhsatlarına İlişkin Yönetmelikte Değişiklik Yapılmasına Dair Yönetmelik”, hereinafter referred to as the “Amending Regulation”) has entered into

Further to our Newsletters of 14 April 2020 and 11 May 2020, we would like to inform you that the Scientific Advisory Committee of the Turkish Ministry of Health has published on 27 May 2020, the Guide about the precautions

The Regulation Amending the Regulation on the Implementation of the Organized Industrial Zones (the “OIZ”) (in Turkish, “Organize Sanayi Bölgeleri Uygulama Yönetmeliğinde Değişiklik Yapılmasına Dair Yönetmelik”, hereinafter referred to as the “Regulation”), has been published in the Official Gazette and entered

As notified via our previous Newsletters in April 2020, the Provisional Article 13 was adopted and added to the Turkish Commercial Code No.6102 (the “TCC”) via the Law No.7244 Amending Certain Laws and Aimed at Reducing the Effects of Covid-19 on

The Communiqué numbered 2020/12 (enclosed herewith in Turkish) has been issued by the General Directorate of Pension Services at the Social Security Authority on 7 May 2020 and has been communicated to all social security authorities in Turkey on the said

As mentioned in our Newsletter of December 2019, as per Article 40 of the Turkish Commercial Code (the “Code”) as amended on 10 March 2018: The founders of a company and The authorized signatories of a company shall have their signatures approved

PRECAUTIONS TO BE TAKEN AT THE WORKPLACES DUE TO COVID-19 We note that, following the positive developments about the decreasing case numbers, many employers have gradually started to re-operate their workplaces and that following Turkish President’s declarations in this respect, as of

As advised in our previous Newsletter, the Presidential Decision No.2279 regarding the Suspension of Execution and Bankruptcy Proceedings had entered into force on 22 March 2020, suspending all execution and bankruptcy proceedings except for the execution proceedings related to the alimony

The Law Amending Certain Laws and Aimed at Reducing the Effects of Covid- 19 on Social and Financial Life (in Turkish “Yeni Koronavırüs (Covıd-19) Salgınının Ekonomik Ve Sosyal Hayata Etkilerinin Azaltılması Hakkında Kanun ile Bazı Kanunlarda Değişiklik Yapılmasına Dair Kanun”,

Dear Sir/ Madam, Turkish Family, Labor and Social Services Ministry’s General Directorate of Occupational Health and Safety recently published a Guide About the Precautions that should be taken in the workplaces Against the Covid-19. You may have access to the list of

CLOSURE OF POST OFFICES AND ITS EFFECTS TO THE NOTICES SERVED THROUGH NOTARY PUBLIC    As stated in our previous Newsletters, all execution and bankruptcy proceedings except for the execution proceedings related to the alimony receivables, the cautionary attachments (in Turkish, “ihtiyati haciz”), all

 As per the provisions of the temporary article 2 of the Law Amending Certain Laws No. 7226 adopted on 25 March 2020, published in the Official Journal No.31080 (bis), dated 26 March 2020 (in Turkish, “Bazı Kanunlarda Değişiklik Yapılmasına Dair

The Revenue Administration, Ministry of Treasury (“Ministry”) published the General Communiqué of Tax Procedural Law No. 518 (hereafter referred to as the “Communiqué”, in Turkish “Vergi Usul Kanunu Genel Tebliği (Sıra No: 518)”) at the Official Gazette on 24 March 2020

The General Directorate of Interior Commerce of the Ministry of Commerce (“Ministry”) published an announcement on the 20th of March 2020 as to the postponement of general assemblies of shareholders for joint stock and limited liability companies within the scope

 March, 2020  The Turkish Employment Agency (“ISKUR”) declared on 22 March 2020 that the employers whose activities have been negatively affected due to Covid-19 will be able to apply to ISKUR with short term working system requests and made an announcement

Labor Law  Considering the fact that as of today there is not (yet) any mandatory governmental decision in respect of the workplaces’ working conditions, couple of options that the Employers may consider are as follows. Kindly note that all below options

 The Decision No.2279 regarding the Suspension of Execution and Bankruptcy Proceedings (in Turkish, “İcra ve İflas Takiplerinin Durdurulması Hakkında Karar”) has come into force by being published in the Official Gazette dated 22 March 2020.  As a result of this Decision,

 The Incoterms are the world’s essential rules of international commercial transactions and released by the International Chamber of Commerce (hereinafter referred to as the “ICC”). “Incoterms” is an acronym standing for international commercial terms. The Incoterms rules provide specific guidance

 Further to our previous Newsletter dated 12 December 2019 regarding the tax collection through public banks, we have been provided with the information regarding the new practice on opening bank accounts in public banks by the Turkish companies having foreign

 The article 57 of the Bill to Amend Several Laws and Decrees Having the Force of Law, dated 30 November 2018 and numbered 37 (the "Bill") foresees revising the limit on increases of the rents for residences and roofed workplaces

Kişisel Veri İşleme Envanteri Hazırlama Rehberi (PDF dosyası 1,5 MB.)

Registration obligation (“Obligation”) to Data Controllers Registry (“Registry”, in Turkish, “VERBIS”) has been issued as a legal obligation for both natural and legal person data controllers as per Article 16 of the Turkish Personal Data Protection Code numbered 6698. As noted in

The Article 40 of the Turkish Commercial Code (in Turkish, ”Türk Ticaret Kanunu” and hereinafter referred to as “TTK”) had already been amended by the Code On Amendments Of Certain Turkish Codes with the Purpose Of Remediation For Invesment Environment numbered

The official letter titled “Protocols” dated 26 November 2019 delivered by the Revenue Administration to Head Offices of Turkish Private Banks includes; Cancellation of tax collection authority granted by the Revenue Administration to Turkish Private Banks, As of 1 January

The updated version of the Trademark Examination Guideline (“Guideline”) has been published on 30 September 2019 by the Turkish Patent and Trademark Office (“TPTO”). The Guideline’s main purpose is to clarify the criterias regarding the examination of trademark applications on absolute

“Proposal of Amendment of the Digital Service Tax Law and Certain Laws and Decree Law numbered 375”, which includes regulations such as Digital Service Tax, Accommodation Tax, Valuable Housing Tax has been accepted by the Plan and Budget Commission of

“Judicial Reform Strategy Package” has been presented  to Grand National Assembly of Turkey by the Ministry of Justice, on 1 October 2019. With this extensive reform strategy, the government of Turkey intends to strengthen the principles of the state of

The Regulation on the Data Controllers Registry (the "Registry Regulation") had come into force on 1 January 2018 pursuant to the Law on the Protection of Personal Data Numbered 6698. The Registry Regulation requires data controllers (in Turkish, “veri sorumlusu”)

The Identity Notification Code (in Turkish, “Kimlik Bildirme Kanunu”, hereinafter reffered to as the “Code”) numbered 1774, was published in the Official Gazette dated 11 July 1973. As per the article 6 of the Code, an identity notification form shall be filled

As it is known, the inventory of personal data processing is prepared by the data controllers (in Turkish, “Veri Sorumluları”) in accordance with the “Regulation on The Registry of the Data Controllers” published in the Official Gazette dated 30 December

The law numbered 7181 regarding the Amendment of the Land Title Registry Law and some other laws has been published and entered into force on 10 July 2019. Accordingly, the new regulation has abolished Article 22: The requirement to attach photos to

According to the Article 28 and subsequent Articles of the Expenditure Tax Law numbered 6802 (in Turkish, “Gider Vergileri Kanunu’’, hereinafter referred to as the “Code”), Banking and Insurance Transactions Tax (“BITT’’) (in Turkish, “Banka ve Sigorta Muameleleri Vergisi’’) shall

As a result of rapidly developing technology, employee inventions have become a very important issue in recent years. Accordingly, a need to regulate employee inventions has arisen. Employee inventions are regulated under the Industrial Property Code (‘‘IPC’’)(in Turkish, ‘‘Sınai Mülkiyet

As notified in our Newsletter in February 2019, the Regulation on the Implementation of the Foreign Direct Investments Law (in Turkish, “Doğrudan Yabancı Yatırımlar Kanunu Uygulama Yönetmeliği”, hereinafter referred to as the “Regulation”) sets forth in its Article 5 certain

The Presidential Decree No. 85 Amending the Decree No:32 Regarding the Protection of the Value of the Turkish Currency had come into force by being published in the Official Gazette dated 13 September 2018. In our previous Newsletters, we had informed

As per the legislation in force and per the established practice of the Ministry of Family, Labor and Social Security (in Turkish “Aile, Çalışma ve Sosyal Hizmetler Bakanlığı”, hereinafter referred to as the “Ministry”), the foreigner to be employed in Turkey

Ticaret Sicil Müdürlükleri nezdinde tescil işlemleri önceki Newsletter’ımızda belirttiğimiz üzere artık online MERSİS sitemi üzerinden yapılmaktadır. MERSİS sistemine giriş yapıldıkan sonra, Şirket ile ilgili tescil edilmiş olan tüm bilgilere ulaşmak mümkündür. Bazı durumlarda, Ticaret Bakanlığı tarafından elektronik sisteme geçiş esnasında yapılan

As we have informed you in our previous Newsletters, the application to the Trade registry offices for registration of the resolutions shall be made on-line through MERSIS system. After entering the MERSIS system, it is possible to reach all the information

The Principles and Procedures Applicable In Case of Breach of Personal Data have been determined through the resolution of Data Protection Board (“Board”) dated 24 January 2019 and numbered 2019/10 (“Resolution”) (in Turkish, “Kişisel Veri İhlali Bildirim Usul ve Esaslarına

Doğrudan Yabancı Yatırımlar Kanunu Uygulama Yönetmeliği (“Yönetmelik”) 20.08.2003 tarihli Resmi Gazete’de yayınlanarak aynı tarihte yürürlüğe girmiş; akabinde 01.06.2018 tarihinde Resmi Gazete’de yayınlanarak aynı tarihte yürürlük kazanan Doğrudan Yabancı Yatırımlar Kanunu Uygulama Yönetmeliğinde Değişiklik Yapılmasına Dair Yönetmelik (“Tadil Yönetmeliği”) ile tadil

The Regulation on the Implementation of the Foreign Direct Investments Law (in Turkish “Doğrudan Yabancı Yatırımlar Kanunu Uygulama Yönetmeliği”) (“Regulation”) had been published in the Official Gazette dated 20 August 2003 and had entered into force on the same day.

The Code numbered 7161 amending the Tax Laws and Several Laws and Decrees Having the Force of Law (“ Code numbered 7161”) (in Turkish “Vergi Kanunları ile Bazı Kanun ve Kanun Hükmünde Kararnamelerde Değişiklik Yapılmasına Dair Kanun”) was published in

In accordance with article 20 and the following articles of the Law No. 7155 on The Initiation Of Enforcement Proceedings For Receivables Arising From Subscription Contracts (in Turkish, “7155 Sayılı Abonelik Sözleşmesinden Kaynaklanan Para Alacaklarına İlişkin Takibin Başlatılması Usulü Hakkında

A new Communiqué amending the Communiqué (Communiqué number: 2008-32/34) on Decree No. 32 on the Protection of the Value of the Turkish Currency (in Turkish “Türk Parasının Kıymetini Koruma Hakkında 32 Sayılı Karara İlişkin Tebliğ (Tebliğ No : 2008-32/34)’de Değişiklik

T.C. HAZİNE VE MALİYE BAKANLIĞI Gelir İdaresi Başkanlığı     Damga Vergisi Sirküleri/22     Konusu: 85 sayılı Cumhurbaşkanı Kararına göre Türk parasına uyarlanacak sözleşmelere ilişkin damga vergisi uygulaması hakkında.                              

According to the Circular on Stamp Duties No. DV-22/2018-1 issued on 22 November 2018 by the Revenue Administration at the Ministry of Treasury and Finance and published on the official website of the said Authority (http://www.gib.gov.tr/node/132647), no stamp duty shall

Türk Parası Kıymetini Koruma Hakkında 32 Sayılı Karara İlişkin Tebliğ (Tebliğ No:2008-32/34)’de Değişiklik Yapılmasına Dair Tebliğ (Tebliğ No: 2018-32/51, ileride “Tebliğ” olarak anılacaktır) 06.10.2018 tarihinde Resmi Gazete’de yayımlanarak aynı tarihte yürürlüğe girmiştir. Döviz cinsinden veya dövize endeksli olarak imzalanabilecek sözleşmeler ile

The Decree Amending the Decree No:32 Regarding the Protection of the Value of the Turkish Currency (“Amending Decree”) had come into force by being published in the Official Gazette dated 13 September 2018. The Amending Decree has prohibited under certain conditions

Nous souhaitons vous informer que le Décret Présidentiel Modifiant le Décret N°32 Concernant la Protection de la Valeur de la Monnaie Turque (en turc, «Türk Parasının Kıymetini Koruma Hakkında 32 Sayılı Kararda Değişiklik Yapılmasına Dair Karar», ci-après le “Décret”) a

The Presidential Decree No. 85 Amending the Decree no. 32 on the Protection of the Value of the Turkish Lira (in Turkish “Türk Parasının Kıymetini Koruma Hakkında 32 Sayılı Kararda Değişiklik Yapılmasına Dair Karar”, hereinafter referred to as the “Decree”),

The Regulation on the Amendment of the Price Tag Regulation has been published in Turkish Official Gazette dated 18 September 2018 and it shall enter into force on 4 October 2018. The below mentioned amendments have been made to the Regulation on

The Regulation on the Data Controllers Registry (the "Registry Regulation") had come into force on 1 January 2018 pursuant to the Law on the Protection of Personal Data Numbered 6698 (the "Data Protection Law"). The Registry Regulation requires data controllers

Several amendments have been made to the Decree No. 32 on the Protection of the Value of Turkish Currency (“Decree No.32”) (in Turkish, “Türk Parası Kıymetini Koruma Hakkında 32 Sayılı Karar”) with the Decree numbered 2018/11185 of the Council of

The Code numbered 7099 Amending Multiple Codes for Facilitation of Investment (“Code numbered 7099”) was published in the Official Gazette dated 10 March 2018. While the majority of the Code numbered 7099 came into force by 15 March 2018 ,

The Personal Data Protection Board made the decision numbered 2018/10 on 31 January 2018 for "Determination of Adequate Measures to be Taken by Data Controllers in Processing of Sensitive Personal Data", which became effective upon being published in the Official

The Code numbered 7101 amending Enforcement and Bankruptcy Code and Some Other Codes (“Code”) (in Turkish “İcra ve İflas Kanunu ve Bazı Kanunlarda Değişiklik Yapılması Hakkında Kanun”) was published in the Official Gazette on 14 March 2018. Among the several changes

A Communiqué on the procedures and principles to be complied with whilst fulfilling the obligation of enlightenment (in Turkish, “Aydınlatma Yükümlülüğü”) (“Communiqué”) has been published in the official gazette dated 10 March 2018 and has come into force on the same

The Regulation on Procedures and Principles for Monitoring Transactions Affecting Foreign Currency Position by the Central Bank of Republic of Turkey (“Regulation”) (in Turkish, “Döviz Pozisyonunu Etkileyen İşlemlerin Türkiye Cumhuriyeti Merkez Bankası Tarafından İzlenmesine İlişkin Usul ve Esaslar Hakkında Yönetmelik”)

In Turkish Law, the Code of Municipal Revenues numbered 2464 (in Turkish, “Belediye Gelirleri Kanunu”) (“Code numbered 2464 ”) governs the commercial and industrial activities subject to taxation within municipal boundaries. As per article 12 of the Code numbered 2464,

The ‘voluntary mediation’ has entered into our legal system with the Code of Mediation in Legal Disputes numbered 6325 (in Turkish, “Hukuk Uyuşmazlıklarında Arabuluculuk Kanunu”). However, “mediation  as a pre-condition before filing a lawsuit” will take place for the first

We would like to inform you that the Law on Labour Courts numbered 7036 (in Turkish, “İş Mahkemeleri Kanunu”, “Code Numbered 7036”) including as well Mediation process in Labor Courts as a pre-condition for filing lawsuits, which we had informed you

The ‘voluntary mediation’ has entered into our legal system with the Code of Mediation in Legal Disputes numbered 6325 (in Turkish “Hukuk Uyuşmazlıklarında Arabuluculuk Kanunu”). However, “mediation as a pre-condition before filing a lawsuit” will take place for the first time

In August 2017, some important amendments came into force in relation with the Turkish Labor Law. You can find here-below a brief summary of the new provisions to be applied in Labor Law. AMENDMENTS REGARDING THE REGULATION ON THE PAID ANNUAL LEAVE

Since it is regulated within the Code numbered 6698 on the Protection of the Personal Data (“Code”), the data controllers are obliged to delete, annihilate or anonymize the personal data when the valid reasons to process the data no longer

The Industrial Property Law numbered 6769, was published in the Official Gazette dated 10 January 2017. The Law brings  the principles  of trademarks, geographical  indications, industrial designs, patents and utility models under one roof. These were previously regulated by different Decree-Laws. The

The Code on the Amendments of Certain Laws and Decrees on the Improvement of Industry and Support of Production (hereinafter as “Code”) has entered into force on 1 July 2017 with the Official Gazette no. 30111. The objectives of the

Providing the entry into force as of 1 January 2018 with retroactive effect from 1 January 2017 of the OECD Convention on Mutual Administrative Assistance in Tax Matters (hereinafter “Convention”) signed on 3 November 2011 and ratified by the Turkish

The Council of Ministers Decision numbered 2017/9973 on Stamp Tax Rates for certain documents, real estate transaction fees, and taxes on Resource Utilization Support Fund Cut (hereafter mentioned as the “Decision”) published on 15 March 2017 in the Official Gazette

The Code numbered 5901 on Turkish Citizenship (hereinafter mentioned as “Code”) defines the principles and the procedures related to acquisition and loss of Turkish citizenship. According to the Code, there are three main ways to acquire Turkish citizenship after birth;

With  reference  to  our  Newsletter  of  December  2016,  the  Regulation  on  the  Basis  and  Procedures  for Automatic Involvement of the Employees in the Pension Plan through Employers (in Turkish “Çalışanların İşverenleri Aracılığıyla Otomatik Olarak Emeklilik Planına Dahil Edilmesine İlişkin Usul

The Law numbered 6740 amending the Law numbered 4632 (hereinafter referred to as the “Law numbered 4632”) on Individual Pension Savings and Investment System (in Turkish “Bireysel Emeklilik Tasarruf ve Yatırım Sistemi Kanununda Değişiklik Yapılmasına Dair Kanun”) (hereinafter referred to

The new Code on Expertness (in Turkish “Bilirkişilik Kanunu”, hereinafter referred to as the “Code”) numbered 6754 published in the Official Gazette dated 24 November 2016 determines the modalities applicable to the Expertness and brings about certain amendments and complementary

The Regulation on Workplace Opening and Operating Licenses (in Turkish “İşyeri Açma ve Çalışma Ruhsatlarına Ilişkin Yönetmelik”, hereinafter referred to as the “Regulation”) published in the Official Gazette dated 10 August 2005 and numbered 25902 sets forth mainly the procedures

As we have informed in our Newsletter of April 2016 (herewith enclosed), the Code numbered 6698 on the Protection of Personal Data (in Turkish, “Kişisel Verilerin Korunması Kanunu”) (“CPPD”) had come into force on 7 April 2016. However, the effective

The Code numbered 6728 on the Amendment to Certain Laws with the Aim to Improve the Investment Environment (in Turkish “Yatırım Ortamının İyileştirilmesi Amacıyla Bazı Kanunlarda Değişiklik Yapılmasına Dair Kanun”) was published in the Official Gazette dated 9 August 2016

The Code on the Establishment, Jurisdiction and Competence of the Regional Courts of Justice and of the Civil Courts of First Instance (in Turkish “Adli Yargı İlk Derece Mahkemeleri ile Bölge Adliye Mahkemelerinin Kuruluş Görev ve Yetkileri Hakkında Kanun”) numbered

Occupational Health and Safety Code numbered 6331 ( the ”Code”) came into effect on 30 June 2012 after being published in the Official Gazette numbered 29717. The purpose of the Code is to provide occupational health and safety at work

The Code numbered 6715 regarding the Amendments to the Labour Code and the Turkish Employment Agency Code (the “Amendment Code”) came into effect after being published in the Official Gazette dated 20 May 2016 and numbered 29717. The Amendment Code brings

Protection of personal data is a much-debated subject recently in Turkey. The law numbered 6669 regarding the ratification of Convention for the Protection of Individuals with regard to Automatic Processing of Personal Data (hereinafter referred to as the “Convention”) numbered

The Decree of the Council of the Ministers dated 19 December 2012 and numbered 2012/4213 (“Decree”) (adopted as per Article 397 of the Turkish Commercial Code numbered 6102) concerning the determination of the companies that are subject to independent auditing

The Code of Municipal Revenues (in Turkish “Belediye Gelirleri Kanunu”, hereinafter referred to as the “Code”) numbered 2464 and published in the Official Gazette dated 29 May 1981 determines the commercial and industrial activities subject to taxation within municipal boundaries. The

The Turkish Commercial Code numbered 6102 (in Turkish “Türk Ticaret Kanunu”, hereinafter referred to as the “Code”) that came into force on 1 July 2012 regulates, as the former code no. 6762, both joint stock companies (in Turkish, called “anonim

The Regulation regarding the Shopping Malls (in Turkish “Alışveriş Merkezleri Hakkında Yönetmelik”, hereinafter referred to as the “Regulation”) has been issued by the Ministry of Customs and Trade, published in the Official Gazette dated 26 February 2016 and numbered 29636. This

Turkish Code of Obligations numbered 6098 (in Turkish “Türk Borçlar Kanunu”, hereinafter referred to as the “Code”) that came into force on 1 July 2012 regulates real property lease contracts (“Contract/s”) in the Turkish law system. The Code also provides

The Consumer Protection Law numbered 6502 (hereinafter referred to as the "CPL") that came into force on 28 May 2014 provides a general framework governing comparative advertising in its article 61. In this respect, the Regulation called Commercial Advertising and Unfair

E-Notification as Regulated by the General Communiqué on the Tax Procedural Code (Serial No: 456) As defined in Article 3 of the General Communiqué on the Tax Procedural Code (Serial No: 456) (in Turkish “Vergi Usul Kanunu Genel Tebliği (Sıra No:

Material change in Working Conditions and Termination of Employment Contracts arising from these material changes are regulated under Article 22 of the Labor Code Numbered 4857 (hereinafter referred to as the “Code”). The article is as follows: Article 22. – “Any

The liability of the seller for defective goods (in Turkish “ayıplı mal”) is governed generally by the Turkish Code of Obligations numbered 6098 and dated 4 February 2011 (hereinafter referred to as the “TCO”, in Turkish “Türk Borçlar Kanunu”) between

Termination of an Employment Contract in the Labor Law: Termination is a dissolving unilateral explicit declaration of intent that creates a new legal situation when it reaches to the opponent. Termination gives the right owner the power of breaking the contract

As per the “freedom of contract” principle set forth in the Constitution of the Republic of Turkey and Turkish Code of Obligations numbered 6098 (hereinafter referred to as “Code”) employers and employees can terminate an employment contract by Mutual Termination

The new Turkish Commercial Code numbered 6102, published in the Official Gazette dated 14 February 2011 and entered into force on 7 July 2012 (hereinafter referred to as the “Code”) regulates the principles applicable to Joint Stock Companies (hereinafter referred

The liability of legal entities from public debts, and the determination of the scope of this liability are of great importance in practice, since it is possible that the public debts that cannot be collected from Joint Stock Companies (“JSC”)

The Code on the Regulation of Electronic Commerce numbered 6563, entered in force on 1 May 2015 (in Turkish, “Elektronik Ticaretin Düzenlenmesi Hakkında Kanun”, hereinafter referred to as the “Code”) regulates electronic commerce, commercial communication, liabilities of service providers and

This Amendment Law numbered 6645 (the “Amendment Law”) amending the Labor Law numbered 4857, the Law on Occupational Health and Safety numbered 6331 and certain laws and decree- laws was published in the Official Gazette numbered 28335 and dated 23

The Trade Registry of Istanbul has made an announcement on its website on 2 April 2015 related to the recent application of the Trade Registry regarding the implementation of articles 367, 371/7 and 629 of the Turkish Commercial Code (in

The Law on Occupational Health and Safety Numbered 6331 (hereinafter referred to as the “Law”, in Turkish “6331 sayılı İş Sağlığı ve Güvenliği Kanunu”), governing the health and safety standards to be adopted by employers in Turkey, has been published

The decree issued by the Council of Ministers, numbered 2014/7149 and published in the Official Gazette numbered 29254 on 1 February 2015 (hereinafter referred to as the “Second Amendment Decree”) has set forth new numeric limits determining whether or not

As per the Article 7 of the Regulation related to Electronic Notification (in Turkish, “Elektronik Tebligat Yönetmeliği”, hereinafter referred to as “Regulation”), notifications to joint stock companies and limited liability companies shall be made mandatorily through electronic notification (in Turkish, “Kayıtlı

The Occupational Health and Safety Code numbered 6331 (hereinafter referred to as the “Code”) has entered into force on the date of 1 January 2013 and provided the regulation of the provisions regarding occupational health and safety, which heretofore were

The Code Related to the Amendment of the Labor Code and of Certain Codes and Statutory Decrees and to Restructuring of the Certain Receivables (hereinafter referred to as “omnibus bill”) numbered 6552, entered into force on 11 September 2014, has

The Turkish Labor Code numbered 4857 (hereinafter referred to as the “Code”) has abrogated the previous Turkish Labor Code numbered 1475 (hereinafter referred to as the “Abrogated Code”) with the exception of the Article 14 thereof. The said Article 14

The Turkish Commercial Code numbered 6102 (in Turkish “Türk Ticaret Kanunu”, the “TCC”) sets forth thecapital investment obligation in the Articles 127 and 128, assets subject to capitalization as capital in kind in the Article 342 and the valuation methods in

The Consumer Protection Law numbered 6502 dated 7 November 2013, published on the Official Gazette numbered 28835 dated 28 November 2013 and entered into force on 28 May 2014 (in Turkish “Tüketicinin Korunması Hakkında Kanun”, hereinafter referred to as the

The Article 18 of the Labor Code numbered 4857 dated 22 May 2013 (in Turkish “İş Kanunu”, hereinafter referred to as the “Code”) foresees the principle of job security and states that “The employer, who terminates the contract of an

The Article 397 of the Turkish Commercial Code (in Turkish “Türk Ticaret Kanunu”) provides that the companies subject to independent audit shall be determined by the Council of Ministers. In other words, not companies shall be subject to independent audit. Accordingly, the

The Land Registry Regulation (in Turkish, “Tapu Sicili Tüzüğü”; hereinafter referred to as the “Regulation”) was published in the Official Gazette numbered 28738 and dated 17 August 2013. The Regulation brings substantial arrangements to the land registry legislation in Turkey.

The Trade Registry Regulation (in Turkish, “Ticaret Sicili Yönetmeliği” and hereinafter referred to as the “Regulation”), published in the Official Gazette dated 27 January 2013 numbered 28541, lays down the overall principles and procedures of the Central Registry Number System

The Law on Health and Security at Work (in Turkish “İş Sağlığı ve Güvenliği Kanunu” and hereinafter referred to as the “Law”) has been adopted on 20 June 2012 under the number 6331, tremendously changes the health labor security legislation

The Consumer Protection Law numbered 6502 (in Turkish “Tüketicinin Korunması Hakkında Kanun”, hereinafter, the “Law”) was published in the Official Gazette numbered 28835 and dated 28 November 2013. This new Law shall abrogate and substitute the Law on Protection of

Turkish Commercial Code No. 6102 (Hereinafter the “TCC” or the “Code”) was adopted on 13 January 2011, published on 14 February 2011 and entered into force on 1 July 2012. However, according to the related provisions of the TCC and

Following the entry into force of the Turkish Commercial Code (“TCC”) numbered 6102 on 1 July 2012, there have been significant amendments regarding the Board of Directors (“BoD”), which is the management and representative organ of joint stock companies. Becoming a

6102 sayılı Türk Ticaret Kanunu’nun (“TTK”) 371. maddesinin 3. fıkrası uyarınca imza sirkülerinde öngörülen şirketin temsili hususundaki sınırlamalardan yalnızca aşağıda belirtilmiş olanlar iyi niyetli üçüncü kişilere karşı hüküm ifade edebilecek ve Ticaret Siciline tescil edilebilecektir: Temsil yetkisinin sadece merkezin veya

En vertu de l'Article 371/3 du Code de Commerce Turc (“CCT”) numérotés de 6102, uniquement les restrictions suivantes sont obligatoires concernant la représentation d'une société d’être énoncés dans la circulaire de signatures (en Turc, “imza sirküleri”) pour des tiers de

As per the Article 371/3 of the Turkish Commercial Code numbered 6102 (“TCC”), only the following restrictions regarding the representation of a company set forth in the circular of signatures (in Turkish, “imza sirküleri”) shall be binding for third persons

Sağlık kuralları bakımından günde azami yedi buçuk saat veya daha az çalışılması gereken işler hakkındaki Yönetmelik 16.07.2013 tarihli ve 28709 sayılı Resmi Gazete’de yayımlanmıştır. Aynı tarihte yürürlüğe giren yönetmeliğin amacı ise Yönetmelikte belirtilen işlerde çalışanların, çalışabilecekleri azami çalışma sürelerini düzenlemektir. Yönetmeliğin

Le Règlement concernant les métiers dont la durée de travail est limitée à sept heures et demie et les métiers dont la durée de travail doit être inférieure à sept heures et demie selon les règles de santé, a été

In terms of Health and Safety Regulations, Regulation regarding works that require maximum of seven hours and half or less of working time is published in the Official Gazette dated 16 July 2013 numbered 28709. The purpose of this Regulation

Sermaye Şirketlerinin Açacakları İnternet Sitelerine Dair Yönetmelik, 01.07.2013 tarihinde yürürlüğe girmek üzere, 31.05.2013 tarihli ve 28663 sayılı Resmi Gazete’de yayımlanmıştır. Yönetmeliğin yürürlüğe girdiği tarihten sonra kurulan şirketlerin, kuruluşlarının ticaret siciline tescil edildiği tarihten itibaren üç (3) ay içinde internet sitesi açmaları

The Regulation Regarding the Websites to be set up by Commercial Companies has been published on the Official Gazette dated 31 May 2013 numbered 28663 to enter into effect on the date of 1 July 2013 (hereafter referred to as

Le Règlement concernant l’ouverture d’un site internet pour un certain nombre de sociétés commerciales a été publié au journal officiel n°28663 le 31 mai 2013 et entre en vigueur le 1er juillet 2013 (ci-après le « Règlement »). Les sociétés concernées,

Türk Ticaret Kanununun Yürürlüğü ve Uygulama Şekli Hakkında Kanun’un 22. maddesi uyarınca, anonim şirketlerin ve limited şirketlerin 1 Temmuz 2013 tarihine kadar esas sözleşmelerini Türk Ticaret Kanunu’na uyarlamaları gerekmektedir. Bu süre içinde gerekli değişikliklerin yapılmaması hâlinde, esas sözleşmedeki düzenleme yerine

1) REGLE GENERALE Selon l’article 22 de la loi d’application du code du commerce, les sociétés anonymes et les sociétés à responsabilité limitée ont jusqu'au 1er juillet 2013 pour adapter leurs statuts aux dispositions du nouveau code du commerce. A défaut,

1) GENERAL CONDITION According to the Article 22 of the Law Regarding Effectiveness and Implementation of the Turkish Commercial Code, joint stock corporations and limited liability companies shall have their articles of association complied with the Turkish Commercial Code until 1

Nous faisons suite à notre infolettre de janvier sur les échéances pour 2013 des sociétés commerciales (notamment, les sociétés anonymes et les sociétés à responsabilité limitée). Le décret no. 2012/4213, publié au journal officiel du 23 janvier 2013, est venu préciser

Başta anonim şirketler ile limited şirketler olmak üzere, ticaret şirketlerinin yasal ve yıllık yükümlülüklerine ilişkin Ocak 2013 tarihli hukuk bültenimizi müteakiben, işbu Hukuk Bültenimizi sunarız. Resmi Gazete’de 23/01/2013 tarihinde yayınlanmış olan 2012/4213 sayılı Bağımsız Denetime Tabi Olacak Şirketlerin Belirlenmesine ilişkin Bakanlar

In our Newsletter-January 2013, we had provided information regarding the annual and legal obligations to be fulfilled by companies especially limited and joint stock companies. The Decree of the Council of Ministers on Determination of the Companies Subject to Independent Audit

2013 yılı Türkiye’de bulunan şirketler için adeta bir milat olma özelliği taşımaktadır. Gerçekten de bu yıl, resmi olarak 1 Temmuz 2012’de yürürlüğe giren, 13 Ocak 2011 tarihli 6102 sayılı yeni Türk Ticaret Kanunu’nun uygulanacağı ilk tam yıl olmakla birlikte söz

2013 is a milestone in the life of companies in Turkey. Indeed, it is the first full year of the New Turkish Commercial Code, act no 6102, adopted on 13 January 2011, and which officially entered into force as of

L’année 2013 constitue un tournant dans la vie des sociétés. En effet, il s’agit de la première année pleine d’application du nouveau code de commerce, adopté le 13 janvier 2011 et entré en vigueur le 1er juillet 2012. Certaines de

According to the Article 64 of the New Turkish Commercial Code (TCC) No. 6102. which came into force on 1st July 2012, all real and legal persons are obliged to keep their commercial books in line with the provisions of

Selon l’article 64 du Nouveau Code de Commerce n° 6102, qui est entré en vigueur le 1er juillet 2012, les personnes physiques et les personnes morales doivent tenir les cahiers sociaux conformément aux règles relatives à la tenue des cahiers

1 Temmuz 2012 tarihinde yürürlüğe giren 6102 sayılı Türk Ticaret Kanununun 64’ncü maddesinde düzenlenmiş bulunan defter tutma yükümlülüğüne göre, gerçek ve tüzel kişiler, Vergi Usul Kanunu’nun defter tutma, kayıt zamanı, onay yenileme ve açılış ve kapanış onayıyla ilgili hükümlerine uymak