30 Sep 2017
From 1 January 2018, Turkey’s Ministry of Family and Social Policies (“Ministry”) will cover employers’ share of insurance premiums for one year, provided certain conditions are met. The new scheme encourages private sector employers to hire people who were […]
28 Sep 2017
Turkey’s Ministry of Energy and Natural Resources (“Ministry”) has announced principles for organizing the National Mineral Resource and Reserve Reporting Commission (“Commission”), including principles for selecting members, as well as their respective duties. Among other things, the Commission is […]
14 Sep 2017
Turkey’s Ministry of Economy has updated secondary legislation to increase the lower and upper limits for administrative fines which are applied for supplying and distributing unsafe products to the market. The revised thresholds involve significant increases particularly for suppliers […]
7 Sep 2017
Turkey has extended the deadline for eligible energy projects to benefit from exemptions and discounts, adding five further years to become operational. Qualifying projects must now become operational by 31 December 2025 in order to receive the incentives available […]
31 Aug 2017
Turkey’s Constitutional Court recently considered the constitutionality of fixed administrative fines for breaches of electricity legislation or license terms. The court ruled by majority that a fixed administrative fine of TRY 500,000, regardless of the breach’s quality or consequences, […]
25 Aug 2017
Turkey’s Energy Market Regulatory Authority (“Authority”) has announced new rules for IT processes in industrial control systems in certain energy facilities which are deemed critical for public services. The rules address system continuity and cyber security matters. Under the […]
22 Aug 2017
Turkey has updated tax procedures so that any outstanding amounts which a taxpayer owes for Special Consumption Tax are now automatically offset against any VAT refunds which the government owes to the taxpayer. Previously, these two elements were dealt […]
15 Aug 2017
Turkey has introduced an additional certification step for documents used in Turkish tenders, applying to documents originating from countries that have not signed the Convention Abolishing the Requirement of Legalization for Foreign Public Documents (or related conventions). Documents from […]
11 Aug 2017
Turkey’s Ministry of Energy and Natural Resources has updated licensing procedures for solar electricity facilities. Changes apply procedural aspects of pre-license application assessments, as well as amendment applications and applications for unlicensed solar generation facilities. The Regulation Regarding Technical […]
11 Aug 2017
Turkey’s Ministry of Finance has announced details for the process whereby taxpayers can provide a written explanation, seeking to potentially avoid audit or referral in the context of suspected tax evasion. Accordingly, the Evaluation Commission will be formed within […]
