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Turkey Introduces Support Scheme for Investments Into R&D and Innovation Projects
Turkey has introduced a support scheme for investments into R&D, innovation, and high value-added projects. The scheme aims to encourage investments which support... [Read More]
Transition Period for Electricity Generation Facilities Extended in Turkey
Transition Period for Electricity Generation Facilities Extended in Turkey Turkey’s Ministry of Energy and Natural Resources has extended the transition period for acceptance... [Read More]
Turkey Announces Further Details of New Pledge and Assignment Regime
Turkey has introduced secondary legislation outlining details of major legislative changes to the pledge and assignment regime for commercial transactions. The updated legislative... [Read More]
Turkey Introduces Legislative Regime for Court Experts
Turkey has introduced a legislative regime for experts involved in judicial processes, including procedures and principles for experts’ qualifications, training, selection and supervision.... [Read More]
Turkey Announces Transition Schedule for Auto-Enrolling Employee Pension Scheme
From 1 January 2017, employers must enrol all employees into an Individual Pension System if they are under 45 year’s old and Turkish... [Read More]
Turkey Postpones Mandatory e-Invoices Until 1 July 2017
Turkey has postponed the requirement for certain taxpayers to issue e-Invoices. The requirement applies to taxpayers which exceed certain sale volumes, as well... [Read More]
Turkey Introduces New Standards for Nursing Centers for Disabled Persons
Turkey’s Ministry of Family and Social Policies (“Ministry”) has introduced comprehensive new standards for nursing centers for disabled people. Detailed regulations outline procedures... [Read More]
Turkey and Venezuela Sign Cooperation Agreement for Energy Sector
Turkey and Venezuela have signed an extensive cooperation agreement in the energy sector, aiming to develop and promote the oil, gas and petrochemical... [Read More]
Comparative Advertisements Postponed in Turkey Until January 2018
For the second time, comparative advertising has been postponed in Turkey, now becoming possible from 1 January 2018 onwards. From that date, advertisements... [Read More]
Turkey’s Ministry of Health Shuts Down 5,300 Websites Selling Drugs, Slimming Teas And Similar Products
Turkey’s Ministry of Health (“Ministry”) has inspected and shut down 5,300 websites selling drugs, slimming teas and similar products. A Ministry statement notes... [Read More]
Turkey’s Ministry of Finance Announces 2016 Revaluation Rate as 3.83%
Turkey’s Ministry of Finance has announced the revaluation rate for 2016 as 3.83%. The rate will also apply to the last provisional taxation... [Read More]
Turkey Amends Methods for Banks to Rate and Evaluate Capital Adequacy
Turkey’s Banking Regulation and Supervision Agency (“Agency”) has amended regulations regarding how banks rate and evaluate capital adequacy. The Agency’s Board now has... [Read More]
