10 Aug 2017
Turkey has introduced new obligations to take precautions against adverse effects of noise on neighbouring properties. The rules involve technical specifications for building insulation systems used to combat noise pollution. They aim to minimize negative effects to human health […]
27 Jul 2017
Turkey’s Tobacco and Alcohol Market Regulatory Authority has introduced a 90 day time limit for launching tobacco products to the Turkish market once it has issued a supply conformity certificate. Conformity certificates allow the holder to sell, price, and […]
18 Jul 2017
Turkey has announced that the owners of land vehicles which were confiscated under Anti-Smuggling Law 5607 before 18 June 2014 for failures to pay customs taxes can now apply to receive their vehicle back, under certain conditions. Vehicle owners […]
13 Jul 2017
Turkey has announced detailed requirements and processes for applying and granting work permits to foreign employees who work in Free Trade Zones. The work permit rules are largely the same as for foreign employees who work outside Free Trade […]
28 Jun 2017
Turkey ratified the Montreal Protocol on Substances that Deplete the Ozone Layer in 1991 (“Protocol”) and has now introduced secondary legislation in line with the Protocol. Under the recent developments, controlled substances can now be imported to Turkey in […]
22 Jun 2017
Turkey has introduced a VAT exemption for the first time a particular property is purchased by a foreigner as a residence or office, provided the property is held for at least one year and the purchase was made with […]
20 Jun 2017
Turkey’s Energy Market Regulatory Board (“Board”) has amended procedures for financial guarantees in the wholesale electricity market. Amendments address the market operator’s (Enerji Piyasaları İşletme A.Ş.) risks where market participants fail to fulfil obligations. Changes introduce new daily requirements […]
13 Jun 2017
Turkey’s energy regulator has updated the tender rules for determining eligible bidders for grid connections during pre-license applications for wind and solar power plants. Tenders are held by Turkish Electricity Transmission Company if multiple applications are made for the […]
12 Jun 2017
The 0.04% fees paid during company incorporation and capital increases for joint stock or limited companies will now be paid to commercial registries, rather than to the Turkish Competition Authority. The change will apply once a protocol is established […]
8 Jun 2017
Turkey has extended the scope of financial incentives offered for investments in certain industries. The Investment Incentive Scheme divides Turkey into six regional categories, grouping provinces based on their socio-economic development and targeting incentives accordingly. Under the changes, investments […]
