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Turkey Establishes Specialty Department for Investigating Digital Forensics
Turkey has established a new specialty area for investigating digital forensics in the wake of the 90 day of State of Emergency declared... [Read More]
New Tax Exemptions for R&D Activities in Turkey
Turkey has introduced income tax exemptions for salary payments in relation to certain specified tasks conducted outside of R&D Centers, provided these tasks... [Read More]
Turkish Constitutional Court: Reasoned Decisions Must Include Accurate and Complete Information about Appeal Rights
The Turkish Constitutional Court recently held that Courts must indicate the right to appeal in reasoned decisions, including an accurate validity period. A... [Read More]
“.istanbul” and “.ist” Domain Names Now Available to Public
The domain names “.istanbul” and “.ist” are now available for public use on a first-come-first-served basis. The Istanbul Metropolitan Municipality provides the domain... [Read More]
Turkish Courts Prohibited from Considering Bankruptcy Postponement Applications During State of Emergency
Turkey has introduced regulations regarding new and existing bankruptcy suspension requests and company guardians in the wake of the 90 day of State... [Read More]
Impact of Turkey’s State of Emergency on Intellectual Property Rights
After a nationwide three-month state of emergency introduced under article 120 of the Constitution, neither State of Emergency Law No. 2935 (“Law 2935”),... [Read More]
Turkish Constitutional Court: Determining Expropriation Values Based on Actual Expropriation Date Violates Property Rights in Price Determination Lawsuits
The Turkish Constitutional Court recently considered which date should be used to assess a property’s expropriation value. It held that for price determination... [Read More]
Turkey Overhauls Work Permits For Foreigners, Clarifies Requirements for Company Directors
Turkey has introduced new principles and procedures regarding work permits for foreigners, as well as exemptions. Existing uncertainties about work permit requirements for... [Read More]
Turkey Supports Infrastructure Investments by Establishing Sovereign Wealth Fund
Turkey has established sovereign wealth fund, with a primarily domestic focus. The fund is expected to be worth 200 billion TL and is... [Read More]
Turkish Constitutional Court: Expropriated Property Not Used for Expropriation Purposes Violates Property Rights
The Turkish Constitutional Court recently held that property rights had been violated where a Municipality expropriated private property to build a playfield, but... [Read More]
Turkey Introduces Reporting Obligation for Suspicious Transactions to Prevent Money Laundering and Terror Financing
Turkey’s Ministry of Finance (“Ministry”) has introduced new principles and procedures for suspending and prohibiting suspicious transactions. These aim to prevent laundering of... [Read More]
Implications for Companies of Legislative Changes Made During Turkey’s State of Emergency
A range of legislative changes have been made in Turkey within the scope of the 90 days of State of Emergency declared throughout... [Read More]