13 Jun 2018
The Turkish Medicines and Medical Devices Agency (“Agency”) updated the guidelines for packaging and patient leaflets related to human medicinal products. Changes primarily relate to how active ingredient should be indicated, as well as phrases which should be included […]
6 Jun 2018
Turkey’s Money-Credit Coordination Board has amended the financial support scheme for market research and market entry. Changes apply particularly to trademark-related costs when purchasing foreign companies which are involved in advanced technology. The Communiqué Amending the Communiqué on Market […]
30 May 2018
Turkey’s Constitutional Court recently dismissed an application seeking to cancel 13 articles of the Law Amending the Electricity Market Law and Certain Other Laws numbered 6719, dated 4 June 2016 (“Amendment Law”). 130 deputies and several first instance courts […]
23 May 2018
Turkey has introduced a product safety scheme for new cars and automotive products. The Ministry of Science, Industry and Technology (“Ministry”) will now actively monitor the market and conduct inspections to ensure they meet technical regulations. The Ministry’s monitoring […]
16 May 2018
Turkey has revised rules for executing mortgage deeds, meaning that credit institutions and agricultural credit cooperatives can now conclude mortgage contracts without being required to execute the mortgage deed in person before the title deed registry. Furthermore, parties are […]
9 May 2018
If a taxpayer will fall into serious financial difficulty by paying a tax debt, a mechanism exists in Turkey to defer payment for up to five years, under certain conditions (Article 48/A of the Law on the Collection of […]
2 May 2018
Turkey has updated several provisions relating to establishing flat ownership and easements, as well as land use conversion. Under the changes, land registrations will now be based on electronic architectural projects and residency usage permits. Further, contractors can establish […]
26 Apr 2018
Turkey has amended various aspects of company establishment procedures, aiming to accelerate the process. Accordingly, some authorities and approvals which previously sat with public notaries have now been transferred to commercial registries. Public notary approval has also been revoked […]
19 Apr 2018
Turkey has updated rules related to pledges on movable assets. Notably, all future legal interests in a movable asset will now be directly covered by a pledge, together with the movable asset. If a production process is pledged together […]
12 Apr 2018
In January 2018, Turkey’s Capital Markets Board (“Board”) introduced new rules requiring capital markets institutions and publicly held companies to locate their primary and secondary information systems within Turkey (more). However, the Board has now announced an exemption for […]
