The Law amending the Enforcement and Bankruptcy Law and Other Laws (the Amendment Law) was published in the Official Gazette on March 15, 2018 and entered into force on the same date. Although the law introduced amendments to the Tax Proced…
The Law amending Certain Laws to Improve the Investment Environment was published in the Official Gazette on March 10, 2018 with different enforcement dates for the various amendments. Although the law introduced amendments to the Tax Proce…
Introduction To this day, the issue of nationality of arbitral awards has not been explicitly regulated by a positive legal norm under any national arbitration legislation or international treaty. Due to being a product of the efforts to re…
Introduction Under the Commercial Code 6102, shareholders must contribute capital to commercial companies incorporated by law (the so-called 'contribution obligation'). A contribution obligation mainly arises at the time of the incorporatio…
The Law amending Certain Laws to Improve the Investment Environment 7099 (the Amendment Law) was published in the Official Gazette on 10 March 2018. In order to boost Turkey's investment environment, the Amendment Law has introduced notable…
In an effort to improve collateralisation options and facilitate the access of small and medium-sized businesses to financing, Parliament recently adopted a new law introducing significant changes to pledges over movable assets. The Law on…
Following the entry into force of the Law Introducing Several Amendments in Different Laws to Improve the Investment Environment in August 2016, the Communique Regarding the Signing of the Articles of Association Before the Trade Registries…
The law no. 6763 (the "Amendment Law"), which was published on the Official Gazette dated 24 November 2016 and entered into force as of such date, has brought amendments to a wide range of laws in Turkey including some of the criminal laws…
Parliament recently enacted International Workforce Law 6735, which governs the employment of foreign individuals in Turkey. The law aims to: set the rules and principles regarding work permit applications and exemptions for foreign indiv…
Introduction Following the long-awaited enactment of Data Protection Law on April 7, 2016 ("Law"), now, the Ministry of Health enacted the Regulation on Protection of Personal Heath Data ("Regulation") on October 20, 2016. By requiring heal…
Amendment Law Despite its strong economy and encouraging environment for investment, Turkey has been struggling to consolidate itself as an investment destination due to a series of terrorist attacks over the past year and the coup attempt…
Mandatory use of Turkish Law 805 on the Mandatory Use of the Turkish Language by Commercial Enterprises entered into force in April 1926 and still applies today. Under the law, all transactions, correspondence and agreements executed in Tur…