Communiqué Amending the Communiqué (Communiqué No: 2024-32/69) Regarding the Decree No. 32 on the Protection of the Value of Turkish Currency, originally issued by the Ministry of Treasury and Finance (“The Communiqué”), has been published…
The Communiqué on Redetermination of Minimum Equity Amounts for Payment and Electronic Money Institutions (“Communiqué”)” was published in the Official Gazette numbered 32442 dated 27.01.2024. Along with the Communiqué, the minimum equity a…
The decision of the Public Oversight, Accounting and Auditing Standards Authority ("Authority") numbered 75935942-050.01.04-[01/21509], titled "Inclusion of Payment and Electronic Money Institutions in scope of Organizations Concerning Publ…
Pursuant to the Presidential Decree numbered 7887 published in the Official Gazette numbered 32380 and dated 25.11.2023, the minimum capital amounts stipulated under Articles 332 and 580 of the Turkish Commercial Code ("TCC") have been incr…
As per the provisional Article 1 of the Communiqué on the Procedures and Principles of the Implementation of Article 376 of Turkish Commercial Code numbered 6102, which was published in the Official Gazette dated 15.09.2018 and numbered 305…
With the communiqué regarding Interest Rates Applicable to Rediscount and Advance Transactions published in the Official Gazette dated September 28, 2023 and numbered 32323 (“Communiqué”), the discount interest rate to be applied for redisc…
As per the provisional Article 1 of the Communiqué on the Procedures and Principles of the Implementation of Article 376 of Turkish Commercial Code numbered 6102, which was published in the Official Gazette dated 15.09.2018 and numbered 305…
Die gesetzliche Grundlage für vertragliche Ansprüche findet sich in Art. 112 OGB ff. Art. 112 OGB, die mit der schweizerischen Regelung (Art. 97 Abs. 1 OR ) wörtlich identisch ist, lautet wie folgt: “Kann die Erfüllung der Verbindlichkeit ü…
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 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…