11 Jan 2017
Turkish legislation protects lessees by imposing comparatively higher thresholds on lessors to terminate fixed term leases. A first instance court recently applied to the Turkish Constitutional Court, claiming a legislative provision enabling lessors to terminate fixed term leases without […]
7 Jan 2017
Turkey has announced additional import customs duties for a wide variety of items, ranging from stationery to stainless steel household items. The additional customs tax rates vary between 6% and 25%, provided the rates do not exceed the 50% […]
2 Jan 2017
Turkey has made a range of changes to its state investment support scheme. Amendments apply to eligibility criteria, tax rates, support periods, as well as investment completion processes, among others aspects of the scheme. The Decree Amending Cabinet Decree […]
27 Dec 2016
Turkey’s Ministry of Food, Agriculture and Livestock has announced details of the 2016 support payment scheme for farmers, intended to sustainability improve vegetable production and develop agricultural techniques. The Communique on Support Payments to Vegetable Production (No. 2016/29) (“Communique”) […]
5 Dec 2016
Turkey has announced rules for establishing and operating control and checkpoints for fruit, vegetable and other high demand goods, to ensure sufficient supply and demand. Under the rules, municipalities must establish, equip and operate checkpoints. The primary tasks for […]
8 Nov 2016
Turkey has introduced clarifying provisions with regard to auditing contractor performance for construction and renovation of existing facilities in public-private partnerships. Legislation previously empowered the Ministry of Health to establish an audit system to assess contractor performance, but did […]
24 Oct 2016
Turkey has published secondary legislation, outlining further details for a recent law which significantly loosened stamp tax obligations and notary fees for a range of documents (more). Notable new exemptions include stamp tax no longer being applied to documents […]
18 Sep 2015
In June 2015, the OECD shared an updated Policy Framework for Investment (“PFI”) with the international community. The OECD aims to continue contributing to the international investment landscape by guiding investors and governments, while supporting dialogue between these parties […]
1 May 2015
First published by Practical Law Company. Domestic sector 1. Describe the domestic sector and policy for oil and gas, including liquefied natural gas (LNG). Domestic industrial production At the time of writing, the 2014 data has not yet been […]
16 Apr 2015
Moroğlu Arseven held a seminar on the Turkish electricity sector for around 30 Executive MBA students visiting from the University of Texas at Dallas. The students visited Greece and Turkey to learn about each country’s economic state and competitive […]
