THE OFFICIAL ANNOUNCEMENT REGARDING THE INCREASE OF THE MINIMUM WAGE
We refer to our Newsletter dated 24 November 2023 regarding the statements of relevant governmental officials related with an increase in
WORK PERMIT EXEMPTION CERTIFICATE REQUIRED FOR BUSINESS LICENSE
The workplaces which will be opened and operated in Türkiye are subject to the Regulation on Business and Operating Licenses
NEW MINIMUM SHARE CAPITAL FOR JOINT STOCK COMPANIES AND LIMITED LIABILITY COMPANIES
The President’s Decision numbered 7887, published in the Official Gazette dated 24 November 2023, amending article 332 and first paragraph
ANTICIPATED MINIMUM WAGE INCREASE TO BE DETERMINED IN DECEMBER 2023
We would like to inform you that in accordance with the statements of relevant governmental officials, an increase in the minimum
PRICE TAG REGULATIONS IN RETAIL SECTOR
The Price Tag Regulation has been published in the Official Gazette numbered 29044 dated 28 June 2014 (in Turkish, “Fiyat
CERTAIN PROVISIONS OF REGULATION ON DISTANCE CONTRACTS POSTPONED
As we informed you with our Newsletter dated 5 January 2023, the Regulation on the Amendment of the Distance Contracts
OBLIGATIONS REGARDING ANTI-MONEY LAUNDERING
The Law numbered 5549 for Prevention of Laundering of Crime Revenues, published in the Official Gazette numbered 26323 and dated
AMENDMENT ON REGULATIONS GOVERNING CAPITAL LOSS AND NEGATIVE EQUITY
As per our Newsletter dated 8 November 2022, we informed you regarding the Communiqué on the Amendments of the Communiqué
TERMINATION OF THE EMPLOYMENT CONTRACT BY MUTUAL AGREEMENT
Mutual Termination Agreement (“MTA”) is not expressly regulated under Turkish Labor Law, however, is based on Article 26 of the
EUROPEAN CLOCKS HAVE MOVED INTO WINTERTIME
European Union countries including France, Italy and Spain have moved into wintertime on Sunday, October 29th at 3 a.m., setting