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Turkey Introduces Electronic Invoices and Archives for Financial Factoring Transactions
Turkey’s Banking Regulation and Supervision Agency has announced a series of changes, allowing electronic invoices and electronic archives to now be used for... [Read More]
Turkey Announces Rules and Processes for Deleting, Destroying and Anonymizing Personal Data
The Turkish Data Protection Authority has announced rules for deleting, destroying and anonymizing personal data, which will apply from 1 January 2018. These... [Read More]
Turkish Constitutional Court: Treasury Should Pay Inflation-Related Losses to State Employees Caused by Delays in Paying Retirement Bonus
In Turkey, employees of social security institutions are entitled to receive retirement bonuses after working for certain periods. The Constitutional Court recently ruled... [Read More]
Turkey Updates Rules on Double Taxation Prevention Treaties for Independent Professional Services
Turkey has clarified rules for taxing income derived from independent professional services (and similar activities) carried out within Turkey, by residents of countries... [Read More]
Turkish Constitutional Court: Constitutional Right to Legal Remedies and Access to the Courts Means Expropriation Compensation Lawsuit Should be Heard
Turkey’s Constitutional Court recently considered a claim arising from a dismissed lawsuit, seeking compensation for expropriated land. The lower court had dismissed the... [Read More]
Turkey Amends Requirements and Limits for Independent Auditors from Start of 2019
Turkey’s Public Oversight, Accounting and Audit Standards Authority (“Authority”) has amended rules and requirements for independent auditors from 1 January 2019. The changes... [Read More]
Turkish Constitutional Court: Holding a Company’s Legal Representative Liable for Unpaid Public Debts does not Violate Property Rights
Turkey’s Constitutional Court recently held that legal representatives are jointly responsible with the respective legal entity for public debts which were payable during... [Read More]
Turkey Adopts Mandatory Mediation for Employment Disputes
Turkey recently adopted a long-awaited mandatory mediation mechanism for certain employment disputes. From 1 January 2018, parties must have attempted mediation before they... [Read More]
Turkey Synchronizes Annual Paid Leave Provisions in Secondary Legislation
Turkey has updated secondary legislation to reflect changes which were made in 2014 and 2016 to the paid leave provisions of Labour Law... [Read More]
Turkey Updates Rules for Organized Natural Gas Wholesale Market
Turkey’s Energy Market Regulatory Board (“Board”) has introduced principles and procedures for the organized natural gas wholesale market (“Market”). The updated rules focus... [Read More]
Turkey Allows Nightshift Overtime in Tourism, Private Security and Health Service Sectors
Turkey has removed the 7.5 working hours maximum limit for night shifts for employee and sub-employees in the tourism, private security and health... [Read More]
Turkey Determines Confidentiality Principles for Public Tenders Related to Defence, Security and Intelligence
Turkey has announced confidential principles for public tenders related to defence, security, intelligence, or other matters which the respective ministry decided should be... [Read More]