Recent Keynotes of August 2021
International Agreements
- The Resolution of the President dated 06.08.2021 and numbered 4363 on the Approval of the Agreement on International Freight and Passenger Transportation by Highway between the Republic of Turkey and the People’s Republic of China was published in the Official Gazette dated 07.08.2021 and numbered 31561.
- The Resolution of the President dated 13.08.2021 and numbered 4377 on the Approval of the Commercial and Economic Cooperation Agreement between the Republic of Turkey and the Hashemite Kingdom of Jordan was published in the Official Gazette dated 14.08.2021 and numbered 31568.
Resolutions of the President
- The Resolution of the President dated 29.07.2021 and numbered 4312 on the Amendment of the Resolution on the Determination of the Value Added Tax Ratios to be Applied to Goods and Services was published in the Official Gazette dated 30.07.2021 and numbered 31553. This Resolution of the President enters into force on 01.08.2021.
- The Resolution of the President dated 12.08.2021 and numbered 4373 on Determination of Special Consumption Tax Ratio to be Applied to Certain Goods in the List Numbered (II) Annexed to the Special Consumption Tax Law numbered 4760 entered into force through publication in the Official Gazette dated 13.08.2021 and numbered 31567.
Legislation
- The Law on the Amendment to the Law Numbered 7333 and Other Laws was published in the Official Gazette dated 28.07.2021 and numbered 31551. Various provisions of this Law enter into force on different dates.
- The Law on the Amendment to the Law Numbered 7334 for the Encouragement of Tourism and Other Laws entered into force through publication in the Official Gazette dated 28.07.2021 and numbered 31551.
- The General Communiqué on the Law of Fees (Serial No: 88) entered into force through publication in the Official Gazette dated 29.07.2021 and numbered 31552.
- The Regulation on the Amendment to the Regulation on Workplace Opening and Operation Permits (No: 4313) entered into force through publication in the Official Gazette dated 30.07.2021 and numbered 31553.
- The Communiqué on the Prevention of Unfair Competition in Imports (No: 2021/40) entered into force through publication in the Official Gazette dated 30.07.2021 and numbered 31553.
- The Regulation on the Amendment to the Regulation on Geographical Data Consents entered into force through publication in the Official Gazette dated 01.08.2021 and numbered 31555.
- The Regulation on the Amendment to the Regulation on Geographical Data Licenses entered into force through publication in the Official Gazette dated 01.08.2021 and numbered 31555.
- The Communiqué (No: 2021/5) on the Amendment to the Communiqué on International Bank Account Numbers (No: 2008/6) entered into force through publication in the Official Gazette dated 05.08.2021 and numbered 31559.
- The Communiqué (No: 2021/6) on the Amendment to the Communiqué on the Principles and Procedures About the Fees to be Obtained by Banks from Corporate Clients (No: 2020/4) entered into force through publication in the Official Gazette dated 09.08.2021 and numbered 31563.
- The Communiqué (No: 2021/7) on the Amendment to the Communiqué on the Principles and Procedures About the Fees to be Obtained from Financial Consumers (No: 2020/7) entered into force through publication in the Official Gazette dated 09.08.2021 and numbered 31563.
- The Regulation on the Amendment to the Regulation on Arbitration for Insurance entered into force through publication in the Official Gazette dated 10.08.2021 and numbered 31564.
- The Regulation on the Amendment to the Regulation on Social Insurance Transactions was published in the Official Gazette dated 18.08.2021 and numbered 31572. Various provisions of this Regulation enter into force on different dates.
- The Regulation on the Amendment to the Regulation on the Certification and Support of Renewable Energy Resources entered into force through publication in the Official Gazette dated 19.08.2021 and numbered 31573.
- The Communiqué on the Information Exchange Institutions and Management and Audit of the Information Systems of the Risk Center entered into force through publication in the Official Gazette dated 19.08.2021 and numbered 31573.
Mergers and Acquisitions
- The Competition Board (“Board”) decided that the acquisition of the joint control of some shares of Meksis Mekanik Sistemler İmalat ve Mühendislik Sanayi Anonim Şirketi, which is under the control of Ender KARTAL, and Fırat Life Yatırım İnşaat A.Ş., by Ostim Endüstriyel Yatırımlar ve İşletme Anonim Şirketi by way of acquiring the shares of Ender KARTAL, are not subject to authorization. (29.07.2021, 21-36/519-BD)
- The Board decided that the formation of a joint venture as a joint stock company by Polis Bakım ve Yardım Sandığı and Kafiger Bilişim Teknolojileri A.Ş. for providing payment services by using Turkish ID cards is not subject to authorization. (29.07.2021, 21-36/515-BD)
- The Board authorized the acquisition of certain shares of Moltek Sağlık Hizmetleri Üretim ve Pazarlama A.Ş. by LuxTheranostics SARL. (29.07.2021, 21-36/483-252)
- The Board authorized the acquisition of the joint control of GS Topco, LP and its subsidiaries by HgCapital LLP and TA Associates Management, LP. (29.07.2021, 21-36/482-251)
- The Board authorized the acquisition of the sole control of Veritas Aktiengesellschaft and its subsidiaries by HDT Automotive Solutions LLC. (05.08.2021, 21-37/534-262)
- The Board authorized the acquisition of the sole control of Alfa Kimya Sanayi ve Ticaret A.Ş. and Bursa Alfa Kimya Sanayi ve Ticaret A.Ş. by Vinmar Group via Global Chemplast L.P. (05.08.2021, 21-37/523-257)
- The Board authorized the acquisition of the sole control of the colorant business line of Diana Food SAS by EQT IX via Holdingselskabet af 18. September 20 ApS. (05.08.2021, 21-37/521-256)
- The Board authorized the acquisition of the sole control of Tepe Güvenlik A.Ş., which is owned by Bilkent Holding A.Ş., and Tepe Savunma ve Güvenlik Sistemleri Sanayi A.Ş., by Securitas Nordic Holding AB. (05.08.2021, 21-38/555-268)
- The Board authorized the acquisition of the sole control of Boyut Grup Enerji Elektrik Üretim İnşaat Sanayi ve Ticaret A.Ş. by Turkcell Enerji Çözümleri ve Elektrik Satış Ticaret A.Ş. (05.08.2021, 21-38/546-266)
Energy
- The decisions of the Energy Market Regulatory Authority (“EMRA”) dated 29.07.2021 and numbered 10339-1, 10339-2, 10340 and 10341 were published in the Official Gazette dated 31.07.2021 and numbered 31554.
- The decision of the EMRA dated 29.07.2021 and numbered 10338 was published in the Official Gazette dated 03.08.2021 and numbered 31557.
- The decision of the EMRA dated 05.08.2021 and numbered 10349 was published in the Official Gazette dated 07.08.2021 and numbered 31561.
- The decision of the EMRA dated 12.08.2021 and numbered 10367 was published in the Official Gazette dated 13.08.2021 and numbered 31567.
- The decisions of the EMRA dated 12.08.2021 and numbered 10358-1, 10358-2, 10359-1 and 10359-2 were published in the Official Gazette dated 14.08.2021 and numbered 31568.
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