News and Publications

The Turkish Constitutional Court recently considered calculation of judicial fines for bounced cheques. It decided to remove interest and court expenses from the calculation on the basis that this violates the constitutional principle that no crime or punishment should […]

The Turkish Patent and Trademark Office (“TPTO”) has published a guide (“Guide”) outlining the factors which it considers when assessing proof of use under Article 19 of Industrial Property Law (“IP Law”). The TPTO aims to harmonize Turkish intellectual […]

Turkey’s Banking Regulation and Supervision Agency has announced a series of changes, allowing electronic invoices and electronic archives to now be used for factoring transactions. Details are also announced for retaining and using these electronic documents during financial factoring […]

Turkey has clarified rules for taxing income derived from independent professional services (and similar activities) carried out within Turkey, by residents of countries which have double taxation prevention agreements with Turkey. The number of days a company’s employees spent […]

Turkey’s Energy Market Regulatory Board (“Board”) has introduced principles and procedures for the organized natural gas wholesale market (“Market”). The updated rules focus particularly on market conduct, obligations for Market participants, registering transactions, as well as settlement, imbalance and […]

Under Turkey’s recently overhauled intellectual property regime, employees in higher education institutions are entitled to a reasonable fee for employee inventions. The fee must be at least one third of the employer’s profit from the invention. Details have now […]

Turkey’s parliament is considering a new legislative regime focused on crowdfunding. It is the first time that crowdfunding structures receive specific attention from Turkish legislators. The proposed regime includes definitions, licensing aspects, as well as the roles of various […]