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Turkey Updates Rules for Overtime Work and Restrictions on Employees in Underground Mines
Turkey has updated its rules for obtaining and revoking employee consent for performing overtime work, as well as restrictions on the working hours... [Read More]
Turkey Introduces New Financial Reporting Standard for Large and Medium-Sized Companies
Turkey has introduced a new Financial Reporting Standard for Large and Medium-Sized Companies (“New Standard”), relevant to entities which are currently subject to... [Read More]
Turkey Adjusts Criminal and Civil Appeal Periods to Fifteen Days
Turkey has adjusted criminal and civil appeal periods to 15 days from the date a decision is notified to the parties, applying to... [Read More]
Turkey’s State Investment Incentive Scheme Prioritizes Laboratories
Turkey has updated its state investment incentive scheme, prioritizing investments in laboratories across the country. The Investment Incentive Scheme divides Turkey into six... [Read More]
Turkey Promotion Group Established to Strengthen the “Made in Turkey” Brand Among Global Markets
The Turkey Promotion Group (“Promotion Group”) has been established under the Turkish Exporters’ Assembly, aiming to unify all activities to promote the country... [Read More]
Turkey Takes Steps to Support and Encourage Industrial Zones
Turkey has introduced major changes to the legislative regime governing the various types of industrial zones. Changes include expanding the definition of “industrialist”... [Read More]
Turkey Launches Scheme Encouraging Employers to Take on Unemployed
From 1 January 2018, Turkey’s Ministry of Family and Social Policies (“Ministry”) will cover employers’ share of insurance premiums for one year, provided... [Read More]
Turkey Launches Mineral Resource and Reserve Reporting Commission to Oversee Certain Mining Activities
Turkey’s Ministry of Energy and Natural Resources (“Ministry”) has announced principles for organizing the National Mineral Resource and Reserve Reporting Commission (“Commission”), including... [Read More]
Turkey Opens a New Page for Monitoring E-Commerce Activities by Introducing the Electronic Commerce Information System
Turkey has introduced a mandatory central registration system for e-commerce activities. Accordingly, service providers doing e-commerce business through their own e-commerce platforms, intermediary... [Read More]
Google Fined €2.42 billion in Europe for Abuse of Dominance, While Turkish Investigation Continues
The European Competition Commission recently issued a €2.42 billion fine to Google for abusing its market dominance as a search engine by granting... [Read More]
Turkey Streamlines Application Process for Initiating Consumer Arbitrations
The Consumer Arbitration Committee (“Committee”) considers and make decisions on consumer conflicts worth up to 3,610 Turkish Lira. From 11 August 2017, applicants... [Read More]
Turkey’s Supreme Court Clarifies Procedural Steps for Initiating Enforcement Proceedings
There are two main types of enforcement actions available in Turkey, intended respectively for circumstances where a judgment exists (“Judgment-Based”) and where a... [Read More]