19 Jan 2017
Turkey has announced a range of amendments to the tax regime. Changes apply particularly to land tax and value added tax within free trade zones, as well as special consumption tax for private cars. The scope of good and […]
19 Jan 2017
The Turkish Constitutional Court recently considered the constitutionality of administrative fines applied for certain breaches of LPG legislation. It considered and rejected a claim that issuing such fines at the same rate for all breaches, regardless of a breach’s […]
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 […]
16 Jan 2017
Turkey’s Energy Market Regulatory Authority (“Authority”) has updated the methodology for determining government reimbursements for investments in building new electricity transmission facilities, as well as lines to connect production and consumption facilities to the transmission system. The methodology is […]
12 Jan 2017
Turkey’s Money Credit and Coordination Board has introduced a new support package, intended to support exporters. The package addresses the tendency by exporters to move towards e-commerce subscription activities. Key changes include expanding the scope of entities involved, as […]
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 […]
2 Jan 2017
Turkey has updated and clarified procedures for company founders to sign articles of association at the establishment phase. For companies which have drafted articles of association via the Central Registration System, the founders must now actually attend the trade […]
27 Dec 2016
Turkey’s Ministry of Food, Agriculture and Livestock has announced details of the 2016 support payment scheme for farmers, intended to sustainability improve vegetable production and develop agricultural techniques. The Communique on Support Payments to Vegetable Production (No. 2016/29) (“Communique”) […]
26 Dec 2016
Turkey has announced secondary legislation outlining details for the newly introduced automatic private pension scheme, which will take effect from 1 January 2017 (more). The details particularly address employer obligations for participating in the scheme, as well as dealing […]
26 Dec 2016
Turkey’s Energy Market Regulatory Authority (“EMRA”) has introduced rules and establishment processes for distribution companies to now be permitted to distribute natural gas to districts located outside their existing natural gas distribution licenses, which have populations over ten thousand […]
