14 Nov 2017
Turkey’s Public Oversight, Accounting and Audit Standards Authority (“Authority”) has amended rules and requirements for independent auditors from 1 January 2019. The changes apply to suspension criteria and limitations, as well as deadlines for auditors to deliver audit reports […]
7 Nov 2017
Turkey has announced confidential principles for public tenders related to defence, security, intelligence, or other matters which the respective ministry decided should be carried out confidentially. Government authorities can now carry out such tenders via negotiation based tendering, selective […]
31 Oct 2017
The Turkish Pharmaceuticals and Medical Devices Agency (“Agency”) has become a member of the Pharmaceutical Inspection Co-operation Scheme (PIC/S). PIC/S leads international development, implementation and maintenance of harmonized Good Manufacturing Practice (“GMP”) standards and systems for medicinal product Inspectorates. […]
25 Oct 2017
Turkey has ratified an additional protocol to the Convention on the Contract for the International Carriage of Goods by Road (“Convention”). Accordingly, consignment notes, as well as other related documents and communications, can now be made electronically. Electronic consignment […]
18 Oct 2017
Turkey has updated its rules for obtaining and revoking employee consent for performing overtime work, as well as restrictions on the working hours for employees in underground mines. Notable changes and clarifications include: It is no longer necessary to […]
11 Oct 2017
Turkey has updated its state investment incentive scheme, prioritizing investments in laboratories across the country. The Investment Incentive Scheme divides Turkey into six regional categories, grouping provinces based on their socio-economic development and targeting incentives accordingly. Under recent changes, […]
4 Oct 2017
Turkey has introduced major changes to the legislative regime governing the various types of industrial zones. Changes include expanding the definition of “industrialist” to include IT and software, introducing a pre-registration system for industrial institutions, as well as introducing […]
30 Sep 2017
From 1 January 2018, Turkey’s Ministry of Family and Social Policies (“Ministry”) will cover employers’ share of insurance premiums for one year, provided certain conditions are met. The new scheme encourages private sector employers to hire people who were […]
28 Sep 2017
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 service providers enabling third parties to conduct e-commerce activities through their e-commerce platforms, plus service providers […]
