COMMERCIAL SMS, E-MAIL AND CALLS ARE NOW UNDER YOUR CONTROL

Message Management System for Commercial Electronic Messages was opened to citizens as of 07.01.2021. Thanks to the portal, all persons will be able to see the consents they have given to the Service Providers for sending commercial messages over the System and will be able to arrange their consents regarding phone numbers separately for “message” […]

AMENDMENTS AT THE IMPLEMENTATION OF THE COMMUNIQUÉ REGARDING CAPITALL LOSS AND NEGATIVE EQUITY IN THE FRAME OF CORPORATE GOVERNANCE IN TURKEY

“The Communiqué on the Procedures and Principles Regarding the Implementation of Article 376 of the Turkish Commercial Code No. 6102 (“Communiqué”)” had been published in the Official Gazette dated December 15, 2018. Within the scope of the communique, the procedures and principles to be followed in cases of capital loss and negative equity had been […]

ICC Has Updated Its Standard Force Majeure And Hardship Clauses

ICC Has Updated Its Standard Force Majeure And Hardship Clauses: In March, during the initial outbreak of the global COVID-19 pandemic, the International Chamber of Commerce (ICC) updated its model Force Majeure and Hardship Clauses. In times of crisis like this, such clauses, which were hardly ever thought of in the past, are getting more […]

“WIPO PROOF” SYSTEM CREATED BY THE WORLD INTELLECTUAL PROPERTY ORGANIZATION

ABSTRACT  Nowadays with the increasing place and importance of technology in our lives, the world is trying to keep up with this order. One of the latest examples of this is the system named WIPO PROOF created by the World Intellectual Property Organization. In our digitalized life especially where innovations and creativity enabled with technology, […]

THE MINISTRY OF TREASURY AND FINANCE PUBLISHED AN ANNOUNCEMENT ON THE MINISTRY’S WEB SITE REGARDING THE CONTRACT VALUES IN FOREIGN EXCHANGE OR INDEX TO THE FOREIGN EXCHANGE IN 2018

By making amendments to the Decree No. 32 on the Protection of the Value of Turkish Currency with the Presidential Decree No. 85 dated 12.09.2018, published in the Official Gazette, it is made regulations for the residents in Turkey, with some exceptions, regarding not to do contract containing the price of foreign currency or foreign […]

NEW REGULATION FOR THE FOREIGN COMPANY FOUNDERS’ STATEMENT OF SIGNATURES THAT IS NECESSARY TO PRESENT TO THE TRADE REGISTRIES

EASING THE PROCESS OF RECEIVING THE GOVERNMENTAL AUTHORITY APPROVAL  FOR THE STATEMENT OF SIGNATURES THAT IS NECESSARY FOR COMPANY FOUNDERS TO PRESENT TO THE TRADE REGISTRY FOR THE FOUNDERS WHO RESIDE ABROAD While establishing a Company in accordance with the Turkish regulations, first, the Company founders/shareholders shall record and register the Company in the Registry […]

The Decree on Support to be Provided in Specialized Free Zones

The Decree on Support to be Provided in Specialized Free Zones Has Come into Force For the expenses regarding the activities in specialized free zones of users and zone operators to be covered by Support and Price Stabilization Fund, A Presidential Decree no.2635 titled “Decree on Support to be Provided in Specialized Free Zones” has […]

Highlights of the “Economic Stability Shield Package” dated 18.03.2020

On 18.03.2019, with a package called the “Economic Stability Shield Package”, the Republic of Turkey Government has declared certain supports to the economy to deal with the COVID- 19 pandemic. Measures implemented within this framework are as follows: Postponement for 6 months the SSI premiums and the VAT stoppage of the months April, May and […]