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Turkey Updates Conditions of Obtaining Electricity Generation Licenses
Electricity production license holders in Turkey can now sell, transfer or lease electricity production plants by simply obtaining permission from the Energy Market... [Read More]
Turkey Streamlines Customs Rules and Processes
Turkey has made significant amendments to customs regulations, intended to improve the effectiveness of the authorized customs broker system. Changes also impact the... [Read More]
Turkey Introduces VAT Exemptions for Investment Incentive Certificate Scheme and Assets Subject to Financial Leasing
Turkey’s Ministry of Finance has announced a range of new exceptions to Value Added Tax. Notable exemptions apply to fixed investments within the... [Read More]
Turkey Classifies Biodegradable and Mineral Waste Management Premises as Holding a “High” Pollution Danger Level
Turkish environmental regulations now classify premises for biodegradable waste management and mineral waste removal as holding a “high” pollution danger level. Accordingly, these... [Read More]
Turkey Streamlines Tax Inspection Processes and Extends Tax Inspection Board’s Reporting Powers
Turkey has introduced a range of amendments to tax processes. These include new rules and processes for the Tax Inspection Board, tax inspections... [Read More]
Turkish Capital Markets Board Waives Quarterly Fee for Venture Capital Investment Funds Until End of 2020
The Turkish Capital Markets Board has announced that fees for venture capital investment funds under Article 130(3) of the Capital Markets Law will... [Read More]
Turkey Announces Further Details for Turkish Wealth Fund Management Company’s Operation and Structure
Turkey has announced operational and structural details for the newly established Turkish Wealth Fund Management Company (Türkiye Varlıklar Fonu Yönetimi Anonim Şirketi; “Management... [Read More]
Turkey to Launch Public Procurement System for Railway Passenger Transport
Turkey has introduced a new system for procurement of railway passenger transportation services. From 1 May 2018 onward, railway train operators will be... [Read More]
Latest Measures Introduced Within Turkey’s State of Emergency Remove Liability for Banks and Financers
Turkey has taken a series of new measures involving companies and public institutions in the wake of the State of Emergency declared on... [Read More]
Turkey Launches Passport Scheme for Forrest Plants, Plus Certification Requirements for Producing and Selling Seeds
Turkey has introduced a passport system for forest plants, as well as authorization and supervision requirements for producing and selling seeds. Private sector... [Read More]
Turkey Approves Major Changes to Pledge and Assignment Regime From January 2017
Turkey has introduced major legislative changes to the pledge and assignment regime, which will facilitate access to finance for SMEs and boosts competitiveness.... [Read More]
Deadline for Wind Power Plant Pre-License Applications Postponed to 2017 in Turkey
Turkey’s energy regulator previously ruled (decision numbered 5709, dated 30 July 2015) that a total capacity of 2,000 MW would be reserved in... [Read More]
