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Turkey Ratifies World Trade Organization Trade Facilitation Agreement
Turkey has ratified a World Trade Organization (“WTO”) agreement establishing an international framework to reduce trade costs. Two thirds of WTO members must... [Read More]
Turkish Notary Association: Employment Transfer Agreements not Subject to Stamp Tax; Statutory Form Lease Agreement Not Necessary for Registry Annotation
The Turkish Notary Association made two announcements to clarify and amend notarial requirements. It declared that employment transfer agreements are no longer subject... [Read More]
Turkey Updates Legislative Framework for Extradition and Cooperation with Foreign Countries on Criminal Matters
Turkey has enacted a range of legislation regarding cooperation with foreign states on criminal matters, including criteria and procedures for making and executing... [Read More]
Turkey Co-Founds Asian Infrastructure Investment Bank Project
Turkey has ratified the foundation of the Asian Infrastructure Investment Bank (“AIIB”) into local law as one of the project’s co-founders. The AIIB... [Read More]
Tax Exemption Introduced for Software Which is Electronically Exported From Turkey
Turkey has introduced an income tax exemption for employees in free trade zones who prepare software which is exported from Turkey via electronic... [Read More]
Turkey’s Energy Regulator Updates Template Agreements for Use and Connection to the Electricity Distribution System
Turkey’s Energy Market Regulatory Authority (“Authority”) has updated and amended certain elements of the template agreements for use and connection to the electricity... [Read More]
Moroğlu Arseven Recommended by IAM Patent 1000 in 2016 Awards
Moroğlu Arseven has been noted as a recommended firm for patent litigation and transactions by IAM Patent 1000 is its 2016 awards. The... [Read More]
Turkey Announces Arrangements and Grace Periods for Tax Obligations Which Fall on 1 July 2016 to 20 July 2016
Turkey has announced details of arrangements for tax obligations which fall during a fiscal holiday, running from 1 July 2016 to 20 July... [Read More]
Turkey’s Banking Legislation Found Compliant with International Basel III Standards
Turkey’s banking legislation has been found to comply with the Third Basel Accord requirements related to risk-based capital and liquidity coverage ratio standards.... [Read More]
OECD Report Names Turkey as Second Largest Source Economy for Counterfeit and Pirated Goods
The 2016 Report on Trade in Counterfeit and Pirated Goods (“Report”) was published on 18 April 2016 by the Organization for Economic Co-operation... [Read More]
Turkish Constitutional Court: 99 Year Easement Does Not Violate Property Rights
Turkey’s Constitutional Court recently ruled that a 99 year administrative easement does not breach property owners’ constitutional property rights. A lower court escalated... [Read More]
Turkey Tightens Regulator Oversight and Powers to Terminate Licenses for Games of Chance
Turkey has amended regulations regarding games of chance, as well as related license agreements. Changes apply to exclusivity of licenses and restrictions on... [Read More]