Turkey Has Introduced A New Regulation on Financial and Banking Informat

Turkey Has Introduced A New Regulation in Turkish Tax Declaration: Automatic Information Exchange and Application of Financial Account Information Between Countries   As a result of efforts to combat tax loss and evasion, several countries among which Turkey also has signed an international cooperation. Accordingly, as a result of the efforts of the Organization for […]

NEW REGULATION ON SOCIAL NETWORK

What is the Regulation on Social Network? With the “Law on the Regulation of Broadcasting on the Internet and the fight against crimes committed through these broadcasts” (“Law”) published in the official gazette on 31.07.2020 with the number of 31202, besides the new regulations, there is also a new term named “social network provider” added […]

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 […]

İYS – COMMERCIAL ELECTRONIC MESSAGE SYSTEM

AMENDMENTS TO REGULATION ON COMMERCIAL COMMUNICATION AND COMMERCIAL ELECTRONIC MESSAGES   ABSTRACT Pursuant to the Regulation on the Amendment of the Regulation on Commercial Communication and Commercial Electronic Messages ”which entered into force with the Official Gazette dated January 4, 2020, some major changes have been made on the ” Regulation on Commercial Communication and […]

REVIEW OF PERSONAL DATA PROTECTION LAW IN TERMS OF CRIMINAL LAW

SUMMARY    :  By publishing the Law On The Protection Of Personal Data No. 6698 in the Official Journal No. 29677 dated 07.04.2016, various obligations regarding the processing, recording, storing, transferring and destruction of personal data are imposed on Data Controller. The violation and/or negligence of these obligations and their consequences are regulated in articles 135 […]