Recent Keynotes of April 2023

30.04.2023 Tunahan Sefa Aydın

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International Agreements

The Resolution of the President dated 01.04.2023 and numbered 7025 on the Approval of the Protocol on the Accession of the Republic of Finland to the North Atlantic Treaty was published in the Official Gazette dated 02.04.2023 and numbered 32151.
The Resolution of the President dated 06.04.2023 and numbered 7048 on the Approval of the Sectoral Agreement between the Government of the Republic of Türkiye and the European Commission setting out the Provisions for the Management and Implementation of the Union Financial Assistance to the Türkiye under the Rural Development Programme of the Instrument for Pre-Accession Assistance (IPARD III) was published in the Official Gazette dated 07.04.2023 and numbered 32156.

Resolutions of the President

The Resolution of the President dated 20.03.2023 and numbered 6974 on the Postponement of Accrual and Collection Procedures for Electricity and Natural Gas Consumption of Consumers in Some Provinces Damaged Due to Earthquakes Occurring on 06.02.2023 entered into force through publication in the Official Gazette dated 21.03.2023 and numbered 32139.
The Resolution of the President dated 23.03.2023 and numbered 6993 on the Procedures and Principles Amending the Procedures and Principles Regarding the Procurement of Goods and Services for the Repairs and Restoration of Foundation Cultural Assets and Landscaping entered into force through publication in the Official Gazette dated 24.03.2023 and numbered 32142.
The Resolution of the President dated 30.03.2023 and numbered 7012 on the State Supported Trade Receivables Insurance System entered into force through publication in the Official Gazette dated 31.03.2023 and numbered 32149.
The Resolution of the President dated 30.03.2023 and numbered 7014 on the Amendment of the Resolution on the Amendment of the Resolution on the Import Regime, which was enacted by the Resolution of the President dated 27.01.2023 and numbered 6776, entered into force through publication in the Official Gazette dated 31.03.2023 and numbered 32149.
The Resolution of President dated 30.03.2023 and numbered 7015 on Application of the Rate Determined for the Periods Spent Outside the Technology Development Zones and R&D or Design Centers to be Applied to the Total Number of Personnel Working in said Zones and Centers or the Total Working Hours Subject to the Incentive, shall be applied as 100% as of 06.02.2023 (Including this date) throughout the State of State of Emergency within the scope of the Income Tax Withholding Incentive in the Third Paragraph of the Provisional Article 2 of the Law numbered 4691 on Technology Development Zones and the Second Paragraph of the Article 3 of the Law Numbered 5746 on Supporting Research, Development and Design Activities was published in the Official Gazette dated 31.03.2023 and numbered 32149.
The Resolution of the President dated 30.03.2023 and numbered 7016 on the Amendment to the Resolution Regarding the Support of Deposit and Participation Accounts against Exchange Rate Increases entered into force through publication in the Official Gazette dated 31.03.2023 and numbered 32149.
The Resolution of the President dated 04.04.2023 and numbered 7028 on the Amendment to the Resolution on the Support of Investments under the Incentive Centers Program was published in the Official Gazette dated 05.04.2023 and numbered 32154.
The Resolution of the President dated 12.04.2023 and numbered 7065 on the Amendment to the Resolution on the Interest Support to be Provided for the Loans to be Used by the Beneficiaries from Banks within the Scope of Law numbered 6306 entered into force through publication in the Official Gazette dated 13.04.2023 and numbered 32162.
The Resolution of the President dated 12.04.2023 and numbered 7070 on the Amendment to the Resolution on the Regulation of Border Trade entered into force through publication in the Official Gazette dated 13.04.2023 and numbered 32162.
The Resolution of the President dated 13.04.2023 and numbered 7086 on the Amendment to the Resolution on Import Regime entered into force through publication in the Official Gazette dated 14.04.2023 and numbered 32163.
The Resolution of the President dated 13.04.2023 and numbered 7087 on the Amendment to the Resolution on the Application of Additional Customs Duty on Imports entered into force through publication in the Official Gazette dated 14.04.2023 and numbered 32163.
The Resolution of the President dated 19.04.2023 and numbered 7103 on the Periods that the Personnel Working in Technology Development Zones and R&D or Design Centers May Spend Outside the Said Zones and Centers to be Subject to Income Tax Withholding Incentive was published in the Official Gazette dated 20.04.2023 and numbered 32169. This Resolution entered into force through publication, effective as of 01.04.2023.
The Resolution of the President dated 19.04.2023 and numbered 32169 on the Amendment to the Resolution on the Implementation of Certain Articles of the Customs Law numbered 4458 entered into force through publication in the Official Gazette dated 20.04.2023 and numbered 32169.
The Resolution of the President dated 19.04.2023 and numbered 7108 on the Amendment to the Resolution on State Aids in Investments entered into force through publication in the Official Gazette dated 20.04.2023 and numbered 32169.
The Resolution of the President dated 19.04.2023 and numbered 7109 on the Amendment to the Resolution on Additional Financial Obligation on Coal Imports entered into force through publication in the Official Gazette dated 20.04.2023 and numbered 32169.
The Resolution of the President dated 19.04.2023 and numbered 7110 on the Amendment to the Resolution on Additional Financial Obligation on the Import of Certain Products Originating in the United States of America entered into force through publication in the Official Gazette dated 20.04.2023 and numbered 32169.

Legislation

The Law numbered 7441 on the Establishment of the Disaster Reconstruction Fund entered into force through publication in the Official Gazette dated 21.03.2023 and numbered 32139.
The Presidential Decree dated 20.03.2023 and numbered 137 on the Cancellation of Energy Consumption Fees under the State of Emergency entered into force through publication in the Official Gazette dated 21.03.2023 and numbered 32139.
The Communiqué on the Restructuring of Customs Receivables under Law numbered 7440 entered into force through publication in the Official Gazette dated 23.03.2023 and numbered 32141.
The Communiqué on the Application of Surveillance in Imports (No: 2023/7) was published in the Official Gazette dated 23.03.2023 and numbered 32141. This Communiqué enters into force on the 30th day following the date of publication.
The Regulation on the Amendment to the Turkish Food Codex Regulation entered into force through publication in the Official Gazette dated 24.03.2023 and numbered 32142.
The Communiqué (No: 2023/21) Amending the Communiqué (Communiqué No: 2021/30) on Support Payment for Agricultural Products Stored in Licensed Warehouses was published in the Official Gazette dated 24.03.2023 and numbered 32142. This Communiqué entered into force through publication, effective as of 01.10.2022.
The General Communiqué (Serial No: 1) on Law numbered 7440 on the Restructuring of Certain Receivables was published in the Official Gazette dated 25.03.2023 and numbered 32143.
The General Communiqué (Serial No: 2) on Law numbered 7440 on the Restructuring of Certain Receivables entered into force through publication in the Official Gazette dated 25.03.2023 and numbered 32143.
The General Communiqué (Serial No: 5) on Granting Tax Exemption to Foundations entered into force through publication in the Official Gazette dated 25.03.2023 and numbered 32143.
The Communiqué (Export: 2023/6) on the Amendment to the Communiqué (Communiqué No: Export 2006/7) on Goods Subject to Export Registration entered into force through publication in the Official Gazette dated 25.03.2023 and numbered 32143.
The List of 2023 Investment Incentive Certificates for February 2023 was published in the Official Gazette dated 26.03.2023 and numbered 32144.
The list of 2023 Investment Incentive Certificates with Completion Visas for February 2023 was published in the Official Gazette dated 26.03.2023 and numbered 32144.
The Cancelled Investment Incentive Certificates for February 2023 were published in the Official Gazette dated 26.03.2023 and numbered 32144.
The Regulation on the Amendment to the Regulation on Individual Pension System was published in the Official Gazette dated 28.03.2023 and numbered 32146. This Regulation enters into force 6 months following the date of publication.
The Communiqué on the Repeal of the Communiqué on the Amendment of the Communiqué (Communiqué No: 2020/6) on the Application of Surveillance in Imports was published in the Official Gazette dated 29.03.02023 and numbered 32147. This Communiqué enteres into force on 30.03.2023.
The Communiqué on the Amendment to the Communiqué (Communiqué No: 2023/7) on the Application of Surveillance in Imports was published in the Official Gazette dated 29.03.02023 and numbered 32147. This Communiqué enters into force on 22.04.2023.
The Communiqué (Serial No: 2) on the Amendment to the Communiqué (Serial No: 1) on Customs Transactions of Goods Carried by Mail and Fast Cargo entered into force through publication in the Official Gazette dated 29.03.02023 and numbered 32147.
The Regulation Amending the Regulation on Public Lighting entered into force through publication in the Official Gazette dated 30.03.2023 and numbered 32148.
The Communiqué on Amendment to the Communiqué on Public Lighting entered into force through publication in the Official Gazette dated 30.03.2023 and numbered 32148.
The General Communiqué (Serial No: 47) on the Law on Independent Accountants and Certified Public Accountants entered into force through publication in the Official Gazette dated 30.03.2023 and numbered 32148.
The Communiqué (No: 2023/6) on the Support to be Provided to Foreign Currency or Turkish Lira Deposit and Participation Accounts of Legal Entities with Foreign Currency Liabilities entered into force through publication in the Official Gazette dated 30.03.2023 and numbered 32148.
The Presidential Decree dated 30.03.2023 and numbered 138 on Taking Certain Measures under the State of Emergency was published in the Official Gazette dated 31.03.2023 and numbered 32149. The provisions of this Presidential Decree enter into force on different dates.
The Regulation on the Procedures and Principles Regarding the Application, Coordination, Monitoring and Evaluation of State Aids was published in the Official Gazette dated 31.03.2023 and numbered 32149. The provisions of this Regulation enter into force on different dates.
The Regulation on the Amendment to the Regulation on the Procedure of Electronic Sales Pursuant to the Execution and Bankruptcy Law was published in the Official Gazette dated 31.03.2023 and numbered 32149. This Regulation enters into force on 01.04.2023.
The Law on the Approval of the Ratification of the Protocol on the Accession of the Republic of Finland to the North Atlantic Treaty entered into force through publication in the Official Gazette dated 01.04.2023 and numbered 32150.
The Regulation on the Amendment to the Regulation on the Management of Treasury Immovables was published in the Official Gazette dated 01.04.2023 and numbered 32150. The provisions of this Regulation enter into force on different dates.
The Regulation on the Amendment to the Regulation on Application of Framework Agreement Tenders entered into force through publication in the Official Gazette dated 01.04.2023 and numbered 32150.
The Regulation on the Amendment to the Regulation on Applications for Tenders was published in the Official Gazette dated 01.04.2023 and numbered 32150. The provisions of this Regulation enter into force on different dates.
The Communiqué on the Amendment to the Value Added Tax General Implementation Communiqué (Serial No: 46) entered into force through publication in the Official Gazette dated 01.04.2023 and numbered 32150.
The Communiqué on the Amendment to the Communiqué on Applications for Tenders was published in the Official Gazette dated 01.04.2023 and numbered 32150. The provisions of this Communiqué enter into force on different dates.
The Communiqué on the Amendment to the General Communiqué on Public Procurement entered into force through publication in the Official Gazette dated 01.04.2023 and numbered 32150.
The Communiqué on the Amendment to the Communiqué on Encouraging Conversion to Turkish Lira Deposit and Participation Accounts (No: 2021/14) (No: 2023/7) entered into force through publication in the Official Gazette dated 01.04.2023 and numbered 32150.
The Communiqué (No: 2023/8) on the Amendment of the Communiqué (No: 2021/16) on Encouraging Conversion of Gold Accounts to Turkish Lira Deposit and Participation Accounts entered into force through publication in the Official Gazette dated 01.04.2023 and numbered 32150.
The Regulation on the Amendment to the Regulation on In Vitro Diagnostic Medical Devices was published in the Official Gazette dated 02.04.2023 and numbered 32151. The provisions of this Regulation enter into force on different dates.
The Regulation on the Amendment to the Regulation on Medical Devices was published in the Official Gazette dated 02.04.2023 and numbered 32151. The provisions of this Regulation enter into force on different dates.
The Regulation on the Amendment to the Regulation on Tariff Application Principles with regard to Compulsory Financial Liability Insurance for Highways Motor Vehicles was published in the Official Gazette dated 04.04.2023 and numbered 32153. This Regulation enters into force on 15.04.2023.
The Law numbered 7442 on the Amendment to the Forest Law and Certain Laws was published in the Official Gazette dated 05.04.2023 and numbered 32154. The provisions of this Law enter into force on different dates.
The Law numbered 7445 on the Amendment to the Execution and Bankruptcy Law and Certain Laws was published in the Official Gazette dated 05.04.2023 and numbered 32154. The provisions of this Law enter into force on different dates.
The Law numbered 7446 on the Amendment of the Environmental Law, Certain Laws and the Decree Law numbered 375 entered into force through publication in the Official Gazette dated 05.04.2023 and numbered 32154.
The Law numbered 7450 on the Amendment to the Law on the Approval of the Ratification of the “Resolution of the Board of Governors” dated 16.04.2020 and numbered 273 on the Amendment of the Articles of Agreement of the International Finance Corporation and on the Authorization of the Government to Join the International Finance Corporation entered into force through publication in the Official Gazette dated 05.04.2023 and numbered 32154.
The Presidential Decree dated 04.04.2023 and numbered 139 on the Amendment to the Presidential Decree on the Measures Taken in Judiciary under the State of Emergency entered into force through publication in the Official Gazette dated 05.04.2023 and numbered 32154.
The Regulation on the Amendment to the Regulation on Measures to Prevent Money Laundering and Terrorism Financing entered into force through publication in the Official Gazette dated 05.04.2023 and numbered 32154.
The Communiqué on the Amendment to the Communiqué (Import: 2023/21) on Authorization for Electronic Application in Import Transactions entered into force through publication in the Official Gazette dated 05.04.2023 and numbered 32154.
The Presidential Decree dated 05.04.2023 and numbered 140 on the Electronic Communication and Water Constructions Inspection Services under the State of Emergency was published in the Official Gazette dated 06.04.2023 and numbered 32155. This Presidential Decree enters into force on the date of its publication, effective as of 06.02.2023.
The Regulation on the Amendment to the Regulation on Private Health Institutions for Outpatient Diagnosis and Treatment entered into force through publication in the Official Gazette dated 07.04.2023 and numbered 32156.
The Regulation on the Amendment to the Regulation on Private Hospitals was published in the Official Gazette dated 07.04.2023 and numbered 32156. The provisions of this Regulation enter into force on different dates.
The Communiqué (Serial No: 22) Amending the General Communiqué (Serial No: 1) on Corporate Tax entered into force through publication in the Official Gazette dated 07.04.2023 and numbered 32156.
The Communiqué (No: 2023/9) on the Amendment to the Communiqué on Securities Maintenance entered into force through publication in the Official Gazette dated 07.04.2023 and numbered 32156.
The Communiqué (No: 2023/10) on the Amendment to the Communiqué (No: 2013/15) on Required Reserves was published in the Official Gazette dated 07.04.2023 and numbered 32156. This Communiqué enters into force on 28.04.2023.
The Communiqué on the Amendment to the Communiqué on the Application Procedures and Principles of Intensive Care Services in Inpatient Healthcare Facilities was published in the Official Gazette dated 08.04.2023 and numbered 32157. This Communiqué enters into force on the date of its publication, effective as of 31.12.2022.
The Communiqué on Prevention of Unfair Competition in Imports (No: 2023/13) entered into force through publication in the Official Gazette dated 08.04.2023 and numbered 32157.
The Communiqué on Prevention of Unfair Competition in Imports (No: 2023/14) entered into force through publication in the Official Gazette dated 08.04.2023 and numbered 32157.
The Law numbered 7451 on the Amendment to the Law on Organized Industrial Zones and Certain Laws entered into force through publication in the Official Gazette dated 10.04.2023 and numbered 32159.
The Law numbered 7452 on the Approval of the Presidential Decree on Settlement and Construction under the State of Emergency entered into force through publication in the Official Gazette dated 10.04.2023 and numbered 32159.
The Presidential Decree dated 09.04.2023 and numbered 141 on the Amendment to the Presidential Decree on the Measures Taken in the Judiciary under the State of Emergency entered into force through publication in the Official Gazette dated 10.04.2023 and numbered 32159.
The Communiqué (Serial No: 1) on the Amendment to the Communiqué on Customs Exemption (Serial No: 2) entered into force through publication in the Official Gazette dated 11.04.2023 and numbered 32160.
The General Communiqué on Customs (International Agreements) (Serial No: 10) was published in the Official Gazette dated 11.04.2023 and numbered 32160. The provisions of this Communiqué enter into force on different dates.
The Presidential Decree dated 12.04.2023 and numbered 142 on Certain Measures Taken for Disaster and Emergency Management under the State of Emergency entered into force through publication in the Official Gazette dated 13.04.2023 and numbered 32162.
The Regulation on the Amendment to the Regulation on the Requirements for Tourism Facilities entered into force through publication in the Official Gazette dated 13.04.2023 and numbered 32162.
The Communiqué on Safeguard Measures in Imports (No: 2023/1) entered into force through publication in the Official Gazette dated 13.04.2023 and numbered 32162.
The Regulation on the Amendment to the Regulation on Authorized Institutions for Ships entered into force through publication in the Official Gazette dated 14.04.2023 and numbered 32163.
The Communiqué on Prevention of Unfair Competition in Imports (No: 2023/15) entered into force through publication in the Official Gazette dated 14.04.2023 and numbered 32163.
The Communiqué on Prevention of Unfair Competition in Imports (No: 2023/16) entered into force through publication in the Official Gazette dated 14.04.2023 and numbered 32163.
The Regulation on the Amendment to the Ports Regulation entered into force through publication in the Official Gazette dated 14.04.2023 and numbered 32163 bis.
The General Communiqué on Law numbered 7440 on the Restructuring of Taxes and Certain Other Receivables (Serial No: 3) entered into force through publication in the Official Gazette dated 15.04.2023 and numbered 32164.
The Regulation on the Amendment to the Regulation on the Sale of Refurbished Products entered into force through publication in the Official Gazette dated 18.04.2023 and numbered 32167.
The Regulation on the Amendment to the Regulation on Foundations entered into force through publication in the Official Gazette dated 18.04.2023 and numbered 32167.
The General Communiqué on National Real Estate (Sequence No: 415) entered into force through publication in the Official Gazette dated 18.04.2023 and numbered 32167.
The Presidential Decree dated 19.04.2023 and numbered 143 on Investments in Renewable Energy Resource Areas under the State of Emergency entered into force through publication in the Official Gazette dated 20.04.2023 and numbered 32169.
The Regulation on Determination of Passenger Transportation Lines on Railways and Train Operators to be Supported within the Scope of Public Service Obligation entered into force through publication in the Official Gazette dated 20.04.2023 and numbered 32169.
The Regulation on the Amendment to the Regulation on Duty-Free Sales Stores entered into force through publication in the Official Gazette dated 20.04.2023 and numbered 32169.
The Regulation on the Amendment to the Regulation on the Procurement Process of Equipment for Nuclear Facilities and Authorization of Manufacturers entered into force through publication in the Official Gazette dated 20.04.2023 and numbered 32169.
The Regulation on the Use of Health Expressions in Food and Food Supplements entered into force through publication in the Official Gazette dated 20.04.2023 and numbered 32169.
The General Communiqué on the Amendment to the General Communiqué (Customs Transactions) (Serial No: 104) on Customs (Serial No: 190) entered into force through publication in the Official Gazette dated 20.04.2023 and numbered 32169.

Mergers and Acquisitions

The Competition Board (“Board”) authorized the acquisition of eight stores of B Online Mağazacılık Hizmetleri Gıda Sanayi ve Ticaret A.Ş. in Ankara by Migros Ticaret A.Ş. (23.03.2023, 23-15/273-93)
The Board authorized the acquisition of the tenancy rights and fixed assets of seven stores of Yunus Market İşletmeleri Ticaret A.Ş. in Amasya, Tokat and Yozgat by Migros Ticaret A.Ş. (23.03.2023, 23-15/272-92)
The Board authorized the establishment of joint control by Aéroports de Paris S.A. and L’Air Liquide S.A. on a newly established and fully functional joint venture operating in the hydrogen-based engineering and technical studies sector. (23.03.2023, 23-15/260-89)
The Board authorized the acquisition of sole control of Groupama Investment Bosphorus Holding Anonim Şirketi by AXA S.A. through AXA Mediterranean Holding S.A.U. (23.03.2023, 23-15/258-88)
The Board authorized the acquisition of the Land Transportation Systems Business Line of Thales S.A. by Hitachi Ltd. through Hitachi Rail Ltd. (30.03.2023, 23-16/289-101)
The Board authorized the acquisition of joint control of Meltwater N.V. and its subsidiaries by funds controlled by Altor Equity Partners Group and funds managed by Marlin Equity Partners. (30.03.2023, 23-16/276-95)
The Board authorized the acquisition of certain shares and sole control of Anadolu Etap Penkon Gıda ve İçecek Ürünleri Sanayi ve Ticaret A.Ş. controlled by AEP Anadolu Etap Penkon Gıda ve Tarım Ürünleri Sanayi ve Ticaret A.Ş. by Coca-Cola İçecek A.Ş. (06.04.2023, 23-17/318-106)
The Board authorized the acquisition of the full control of AEP Anadolu Etap Penkon Gıda ve Tarım Ürünleri San. ve Tic. AŞ, which is under the joint control of Anadolu Efes Biracılık ve Malt Sanayii A.Ş. and Özgörkey Holding A.Ş. by Anadolu Efes Biracılık ve Malt Sanayii A.Ş. (06.04.2023, 23-17/317-105)
The Board authorized the acquisition of certain shares of Uğur PEHLİVANKÜÇÜK in UPK İç ve Dış Tic. A.Ş. and in UPK Otomotiv Yan San. Tic. A.Ş. by Orsan Ticari Araç Fren Sistemleri A.Ş. (06.04.2023, 23-17/308-103)
The Board decided that the acquisition of direct or indirect shares of Çiftay İnşaat Taahhüt ve Ticaret A.Ş. in New Solar Elektrik Üretim ve Danışmanlık A.Ş., Gölen-2 Elektrik Üretim Danışmanlık A.Ş., Toygar Enerji Üretim A.Ş., Pelit Enerji Üretim A.Ş., Bornova Enerji Üretim A.Ş., BRNK Tarım Hayvancılık Enerji Sanayi ve Ticaret AŞ, Günroj Enerji İnşaat Elektrik Üretim ve Ticaret A.Ş., Güntek Enerji İnşaat Elektrik Üretimi ve Ticaret A.Ş., Zeybek Hayvancılık Enerji Sanayi ve Ticaret A.Ş. and Temo Enerji İnşaat Elektrik Üretimi Ticaret A.Ş. by Çimko Çimento ve Beton Sanayi Ticaret A.Ş. is not subject to authorization. (13.04.2023, 23-18/353-BD)
The Board authorized the acquisition of certain shares of IUGO Teknoloji A.Ş. by Otokoç Otomotiv Ticaret ve Sanayi A.Ş. through a capital increase in a way to establish joint control. (13.04.2023, 23-18/352-120)
The Board authorized the establishment of joint control over The Rimrock Resort Hotel by Parks Bottom Co Real Estate Holdings Inc., OMERS Realty Corporation and Accor Management Canada Inc. (13.04.2023, 23-18/351-119)
The Board authorized the acquisition of sole control of Aytemiz Akaryakıt Dağıtım A.Ş. by Public Joint Stock Company TATNEFT (13.04.2023, 23-18/341-113)
The Board authorized the acquisition of sole control of Peker Yüzey Tasarımları Sanayi ve Ticaret A.Ş. by Lotte Chemical Corporation (13.04.2023, 23-18/330-112)
The Board authorized the acquisition of the joint control of VSPN Group Limited by the Kingdom of Saudi Arabia Public Investment Fund through Saudi Electronic Gaming Holding Company. (13.04.2023, 23-18/319-107)

Energy

The Decisions of the Energy Market Regulatory Authority (“EMRA”) dated 23.03.2023 and numbered 11743, 11744, 11745, 11746 were published in the Official Gazette dated 25.03.2023 and numbered 32143.
The decisions of EMRA dated 30.03.2023 and numbered 11769, 11770, 11771, 11772, 11773, 11775, 11776, 11777 and 11778 were published in the Official Gazette dated 31.03.2023 and numbered 32149. These decisions enter into force on different dates.
The decisions of EMRA dated 30.03.2023 and numbered 11755, 11757, 11758, 11759, 11760, 11761, 11762, 11763, 11764 and 11765 were published in the Official Gazette dated 01.04.2023 and numbered 32150.
The decision of EMRA dated 06.04.2023 and numbered 11783 entered into force through publication in the Official Gazette dated 08.04.2023 and numbered 32157.
The decision of EMRA dated 13.04.2023 and numbered 11799 was published in the Official Gazette dated 14.04.2023 and numbered 32163.

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Influencer Agreements

Since social media has turned into a modern mass communication tool, the concepts of advertising and marketing have been brought to a new dimension. Influencers, who promote various products and services by "influencing" their audience through social media, are driving the next generation of...

Other 31.08.2022

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Recent Keynotes of August 2022

The Resolution of the President dated 20.07.2022 and numbered 5801 on the Determination of the Default Interest Rate under the First Paragraph of Article 51 of the Law numbered 6183 on the Collection Procedure of Public Receivables as 2.5% to be Applied Separately for Each Month, was published...

Other 31.08.2022

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Recent Keynotes of July 2022

Decision dated 27.06.2022 and numbered 5751 on the Ratification of the Fund Grant Agreement signed between Republic of Turkey Ministry of Labor and Social Security and International Bank for Reconstruction and Development, on 05.05.2022...

Other 31.07.2022

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The Resolution of the President dated 23.05.2022 and numbered 5596 on the Ratification of the Economic and Financial Cooperation Agreement between the Government of the Republic of Turkey and the Government of the Turkish Republic of Northern Cyprus was published in the Official Gazette dated...

Other 30.06.2022

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Recent Keynotes of May 2022

The Resolution of the President dated 23.04.2022 and numbered 5520 on the Approval of the Agreement between the Government of the Republic of Turkey and the Government of the Republic of Cote D’Ivoire Concerning the Reciprocal Promotion and Protection of Investments...

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A Recent Constitutional Court Decision on the Failure to Use Expropriated Immovables for Expropriation Purposes

In a decision dated 29.09.2021 with application number 2018/357 (“Decision”), the Constitutional Court decided by a large majority that the applicant's right to property was violated due to the fact that the immovables expropriated for the purpose of mass housing construction...

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Have Form Requirements been brought for Engagements?

Other August 2019

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United States Economic Sanctions Regime: Iran

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Regulation on Pilotage and Towage Services

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The Start of a New Era in Turkey: Presidential System of Government - II

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The Start of a New Era in Turkey: Presidential System of Government - I

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Approach to Trust Law from a Civil Law Perspective

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Operation of Economic Enterprises by Foundations

Pursuant to Art. 101 of the Turkish Civil Code (“CC”) No. 4721, foundations are an ensemble of assets that have legal personality, which comprises of sufficient assets and rights that are allocated by real and legal persons for a determined and perpetual objective. Foundations are legal persons that have “ideal...

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Industry 4.0 and Its Impact in the Legal World

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Turkish Wealth Fund

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