24 Jan 2017
The Union of Turkish Public Notaries (“Notary Union”) has clarified that restoration and lease agreements for immovable property owned by the General Directorate of Foundations (and related foundations) are exempt from stamp duty and fees. The Notary Union requested […]
17 Jan 2017
The Union of Turkish Public Notaries (“Notary Union”) has announced that consent letters regarding real properties which do not involve real rights on real properties are exempt from stamp tax. Such documents will continue to be subject to fixed […]
10 Jan 2017
The Turkish Court of Appeal recently confirmed a case upholding a plaintiff’s right to seek compensation for trademark infringement based on a hypothetical license fee that would have been paid if the infringing party had used the trademark under […]
3 Jan 2017
Turkey has amended the regulatory regime governing toy safety. The regime includes minimum safety standards for toys to be used by children under the age of 14, as well as obligations for producers, authorized representatives, importers and distributors. The […]
27 Dec 2016
Turkey has introduced a regulatory regime for granting easements and usage licenses for building new docks, berths, and moorage for private boats, yachts and marinas on public property. Such rights are granted to investors for up to 30 years. […]
20 Dec 2016
Turkey’s energy regulator has updated the natural gas regulatory regime. The updated regulations include general tariff principles, as well as procedures and principles for preparing, inspecting, approving, publishing and revising natural gas tariffs. The Energy Market Regulatory Authority (“EMRA”) […]
13 Dec 2016
Turkey has published secondary legislation, outlining further details for a recent law which lifted notary and other fees (more). Notable exemptions mean notary fees no longer apply to document copies or amendment documents which do not impact the value […]
6 Dec 2016
Turkey’s banking regulator has extended the maximum credit card installment period from nine months to twelve months for purchasing goods and services, as well as cash withdrawals. The maximum maturity period for consumer loans has also increased from 36 […]
29 Nov 2016
Turkey has amended labor regulations to now allow private employment agencies to execute agreements for temporary employment relationships, within certain limits. Time limits apply to these temporary employment arrangements, depending on the type of work being performed. Similarly, ratios […]
22 Nov 2016
Turkey’s Ministry of Finance has announced a range of new exceptions to Value Added Tax. Notable exemptions apply to fixed investments within the scope of the investment incentive certificate scheme, as well as for transfers, leases and sale of […]
