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Turkey’s Prime Ministry Encourages Public Institutions to Use Istanbul Arbitration Centre for Dispute Resolution
The Prime Ministry of Turkey (“Prime Ministry”) has encouraged public institutions and organizations to use the Istanbul Arbitration Centre (“ISTAC”) for dispute resolution... [Read More]
Turkey Clarifies Stamp Tax and Fee Exemptions for Notifications and Debt Repayment Schemes Involving Cheques
Turkey’s Union of Notaries has announced details of stamp tax and fee exemptions for warning notifications and certain agreements, involving cheques, regarding repayment... [Read More]
Turkey Expands Scope of Support Scheme for Design Sector
Turkey’s Money Credit and Coordination Board has introduced a new support package, intended to support exporters. The package addresses the tendency by exporters... [Read More]
Turkish Constitutional Court Considers Lessors’ Ability to Terminate Fixed Term Leases
Turkish legislation protects lessees by imposing comparatively higher thresholds on lessors to terminate fixed term leases. A first instance court recently applied to... [Read More]
Turkish Court of Appeal Confirms Plaintiff’s Right to Seek Compensation Based on Hypothetical License Fee
The Turkish Court of Appeal recently confirmed a case upholding a plaintiff’s right to seek compensation for trademark infringement based on a hypothetical... [Read More]
Turkey Amends Natural Gas License Regime
Turkey’s Energy Market Regulatory Authority (“Authority”) has amended certain rules for natural gas licenses, including rules for merging distribution regions into a single... [Read More]
Turkey Announces Regulation on Allocation and Use of Banderol Fees
Turkey’s Ministry of Customs and Trade (“Customs and Trade Ministry”) has announced procedures and principles for banderol fees collected by the customs administration... [Read More]
Turkey Announces a Range of Additional Import Custom Taxes
Turkey has announced additional import customs duties for a wide variety of items, ranging from stationery to stainless steel household items. The additional... [Read More]
Turkey Completes Appointments to Data Protection Board
Turkey has taken further steps towards the Data Protection Board (“Board”) being operational, with the appointment of the final two members to the... [Read More]
Financial Action Task Force Will Begin Fourth Mutual Evaluation for Turkey in October 2018
The Financial Action Task Force (“Task Force”) will commence its Fourth Round of Mutual Evaluations for Turkey in October 2018. The Task Force... [Read More]
Turkey Updates Toy Safety Regulations Largely in Line with European Union
Turkey has amended the regulatory regime governing toy safety. The regime includes minimum safety standards for toys to be used by children under... [Read More]
Company Founders In Turkey Must Now Attend Trade Registry to Sign Articles of Association
Turkey has updated and clarified procedures for company founders to sign articles of association at the establishment phase. For companies which have drafted... [Read More]
