Recent Keynotes of June 2024
International Agreements
- The Resolution of the President dated 24.05.2024 and numbered 8511 on the Ratification of the Additional Protocol No. 1 to the Free Trade Agreement between the Government of the Republic of Türkiye and the Government of Malaysia was published in the Official Gazette dated 24.05.2024 and numbered 32555, 1st Repeated.
- The Resolution of the President dated 24.05.2024 and numbered 8512 on the Ratification of the Protocol on the Amendment to the ‘Preferential Trade Agreement’ between the Government of the Republic of Türkiye and the Government of the Republic of Azerbaijan was published in the Official Gazette dated 25.05.2024 and numbered 32556.
- The Resolution of the President dated 24.05.2024 and numbered 8561 on the Ratification of the Amendments to the Technical Annexes to the International Convention for the Safety of Life at Sea 1974 and its Protocol of 1978 was published in the Official Gazette dated 27.05.2024 and numbered 32558, 1st Repeated.
- The Resolution of the President dated 28.05.2024 and numbered 8563 on the Ratification of the Agreement on Cooperation in the Field of Tourism between the Government of the Republic of Türkiye and the Government of the Republic of Rwanda was published in the Official Gazette dated 29.05.2024 and numbered 32560.
- The Resolution of the President dated 28.05.2024 and numbered 8564 on the Ratification of the Protocol on the Amendment to the Title of the European Agreement concerning the International Carriage of Dangerous Goods by Road (ADR) dated September 30, 1957 was published in the Official Gazette dated 29.05.2024 and numbered 32560.
- The Resolution of the President dated 28.05.2024 and numbered 8565 on the Entry into Force of the Agreements between the Government of the Republic of Türkiye and the Government of the Islamic Republic of Pakistan on Making Grants in the Field of Health Signed in Ankara on 15/9/2022, 28/9/2022 and 14/12/2022 was published in the Official Gazette dated 29.05.2024 and numbered 32560.
- The Resolution of the President dated 30.05.2024 and numbered 8577 on the Approval of the Annexed Amendment Protocol signed by the Exchange of Letters dated 17/4/2024 and 24/4/2024 between the Government of the Republic of Türkiye and the European Commission on the Amendment to the Financing Agreement for the Annual Action Plan for Türkiye for 2021 Concluded under the Instrument for Pre-Accession Assistance (IPA III) was published in the Official Gazette dated 31.05.2024 and numbered 32562.
- The Resolution of the President dated 31.05.2024 and numbered 8599 on the Ratification of the Protocol on Cooperation in the Field of Construction Works between the Government of the Republic of Türkiye and the Government of the Republic of Azerbaijan was published in the Official Gazette dated 01.06.2024 and numbered 32563.
- The Resolution of the President dated 31.05.2024 and numbered 8606 on the Ratification of the Agreement between the Government of the Republic of Türkiye and the Government of the Republic of Korea for the Avoidance of Double Taxation in Taxes on Income and Prevention of Tax Evasion and Tax Avoidance and its Additional Protocol was published in the Official Gazette dated 01.06.2024 and numbered 32563.
- Law No. 7513 on the Approval of the Ratification of the International Road Transportation Agreement between the Government of the Republic of Türkiye and the Government of the Russian Federation was published in the Official Gazette dated 06.06.2024 and numbered 32568.
- Law No. 7514 on the Approval of the Ratification of the Agreement between the Republic of Türkiye and the United Nations on the Establishment of the United Nations Development Coordination Office Regional Office in Istanbul was published in the Official Gazette dated 06.06.2024 and numbered 32568.
- Law No. 7515 on the Approval of the Ratification of the Convention on the International Organization of Maritime Aids to Navigation was published in the Official Gazette dated 06.06.2024 and numbered 32568.
- Law No. 7516 on the Approval of the Ratification of the Agreement on Cooperation in Infrastructure and Construction Projects between the Government of the Republic of Türkiye and the Council of Ministers of Bosnia and Herzegovina was published in the Official Gazette dated 06.06.2024 and numbered 32568.
Resolutions of the President
- The Resolution of the President dated 20.05.2024 and numbered 8482 on the Enforcement of the Resolution on the Determination of Sugar Quotas for the 2024/2025 Marketing Year was published in the Official Gazette dated 21.05.2024 and numbered 32552.
- The Resolution of the President dated 20.05.2024 and numbered 8484 on the Determination of the Delay Increase Rate in the First Paragraph of Article 51 of the Law No. 6183 on the Collection Procedure of Public Receivables as 4.5% to be applied separately for each month was published in the Official Gazette dated 21.05.2024 and numbered 32552.
- The Resolution of the President dated 20.05.2024 and numbered 8485 on the Implementation of the Legal Interest Rate Regulated in Article 1 of the Law No. 3095 on Legal Interest and Default Interest as 24% per annum effective from 1/6/2024 was published in the Official Gazette dated 21.05.2024 and numbered 32552.
- The Resolution of the President dated 24.05.2024 and numbered 8515 on the Redetermination of the Installment Payment Periods in the Law No. 7256 on the Restructuring of Certain Receivables and Amendments to Certain Laws and the Law No. 7326 on the Restructuring of Certain Receivables and Amendments to Certain Laws due to the Force Majeure Event in the Provinces of Adıyaman, Hatay, Kahramanmaraş and Malatya and the Districts of Islahiye and Nurdağı in Gaziantep Province due to the Earthquakes that occurred in Kahramanmaraş Province on 6/2/2023 was published in the Official Gazette dated 25.05.2024 and numbered 32555.
- The Resolution of the President dated 28.05.2024 and numbered 8567 on the Establishment and Operation of Menemen Free Zone was published in the Official Gazette dated 29.05.2024 and numbered 32560.
- The Resolution of the President dated 30.05.2024 and numbered 8578 on the Amendment to the Statute of the Association of Payment and Electronic Money Institutions of Türkiye was published in the Official Gazette dated 31.05.2024 and numbered 32562.
- The Resolution of the President dated 07.06.2024 and numbered 8639 on the Amendment to the Decree on the Application of Additional Customs Duty on Imports was published in the Official Gazette dated 08.06.2024 and numbered 32570.
Legislation
- The Communiqué on the Amendment to the General Communiqué on Electronic Ledger (Sequence No: 1) (Sequence No: 4) entered into force through publication in the Official Gazette dated 21.05.2024 and numbered 32552.
- The General Communiqué on Collection (Serial: C Sequence No: 8) entered into force through publication in the Official Gazette dated 21.05.2024 and numbered 32552.
- The Communiqué on Prevention of Unfair Competition in Imports (No: 2024/19) entered into force through publication in the Official Gazette dated 21.05.2024 and numbered 32552.
- The General Communiqué of the General Directorate of Accounting (Sequence No: 89) (Procedures and Principles Regarding the Electronic Realization of Refusal and Return Transactions) entered into force through publication in the Official Gazette dated 22.05.2024 and numbered 32553.
- The Communiqué (Serial No: 41) on the Amendment to the Customs General Communiqué (Tariff-Classification Decisions) (Serial No: 40) entered into force through publication in the Official Gazette dated 23.05.2024 and numbered 32554.
- The Communiqué on Prevention of Unfair Competition in Imports (No: 2024/15) entered into force through publication in the Official Gazette dated 23.05.2024 and numbered 32554.
- The Communiqué on the Amendment to the Communiqué on Required Reserves (No: 2013/15) (No: 2024/13) entered into force through publication in the Official Gazette dated 24.05.2024 and numbered 32555.
- The Regulation on the Amendment to the Regulation on the Fees to be Charged under the Law No. 1567 on the Protection of the Value of Turkish Currency entered into force through publication in the Official Gazette dated 25.05.2024 and numbered 32556.
- The General Communiqué on Tax Procedure Law (Sequence No: 561) entered into force through publication in the Official Gazette dated 25.05.2024 and numbered 32556.
- Law No. 7511 on Amendments to the Turkish Commercial Code and Certain Laws was published in the Official Gazette dated 29.05.2024 and numbered 32560. Some of the provisions of the Law enter into force on the date of publication, while others enter into force six months after the date of publication.
- The Regulation on the Amendment to the Regulation on Activities Regarding the Leasing of Residences for Tourism Purposes entered into force through publication in the Official Gazette dated 30.05.2024 and numbered 32561.
- The Regulation on the Amendment to the Road Transport Regulation entered into force through publication in the Official Gazette dated 31.05.2024 and numbered 32562.
- The Communiqué on the Amendment to the Communiqué on the Implementation of Surveillance in Imports (Communiqué No: 2024/6) entered into force through publication in the Official Gazette dated 31.05.2024 and numbered 32562.
- The Regulation on the Amendment to the Regulation on the Presentation of Radio, Television and On-Demand Broadcasts via the Internet entered into force through publication in the Official Gazette dated 05.06.2024 and numbered 32567.
- The Regulation on the Amendment to the Regulation on Cable Broadcasting of the Radio and Television Supreme Council entered into force through publication in the Official Gazette dated 05.06.2024 and numbered 32567.
- The Regulation on the Amendment to the Regulation on Satellite Broadcasting of the Radio and Television Supreme Council entered into force through publication in the Official Gazette dated 05.06.2024 and numbered 32567.
- The Regulation on the Amendment to the Regulation on the Procedures and Principles Regarding Tobacco Production, Processing, Domestic and Foreign Trade entered into force through publication in the Official Gazette dated 06.06.2024 and numbered 32568.
- The Regulation on the Amendment to the Electricity Market Measurement Systems Regulation entered into force after being published in the Official Gazette dated 07.06.2024 and numbered 32569.
- The Communiqué on the Circulation of 5 TL Coins entered into force through publication in the Official Gazette dated 08.06.2024 and numbered 32570.
- The Communiqué (Number: 2024/14) on the Amendment to the Communiqué (Number: 2023/5) on Supporting the Conversion of Firms’ Foreign Currency Originating Abroad into Turkish Lira entered into force through publication in the Official Gazette dated 08.06.2024 and numbered 32570.
- The Regulation on the Procedures and Principles Regarding Short-Time Working and Short-Time Working Allowance entered into force through publication in the Official Gazette dated 11.06.2024 and numbered 32573.
- The Regulation on the Safety of Nuclear Facilities and Nuclear Materials entered into force after being published in the Official Gazette dated 11.06.2024 and numbered 32573.
- The Regulation on the Amendment to the Regulation on the Physical Protection of Nuclear Facilities and Nuclear Materials entered into force through publication in the Official Gazette dated 11.06.2024 and numbered 32573.
- The Communiqué on the Amendment to the General Communiqué on Tax Procedure Law (Sequence No: 435) (Sequence No: 562) entered into force through publication in the Official Gazette dated 12.06.2024 and numbered 32574.
- The Regulation on the Amendment to the Regulation on the Procedures and Principles of Broadcasting Service entered into force through publication in the Official Gazette dated 13.06.2024 and numbered 32575.
- The Communiqué on the Suspension of the Activities of International Surveillance Companies (Product Safety and Inspection: 2024/37) entered into force through publication in the Official Gazette dated 13.06.2024 and numbered 32575.
- The Communiqué on the Revocation of International Surveillance Company Status (Product Safety and Inspection: 2024/38) entered into force through publication in the Official Gazette dated 13.06.2024 and numbered 32575.
- The Communiqué on the Amendment to the Inward Processing Regime Communiqué (Export: 2006/12) (Export: 2024/2) entered into force through publication in the Official Gazette dated 14.06.2024 and numbered 32576.
- The Regulation on the Amendment to the Independent Audit Regulation entered into force through publication in the Official Gazette dated 15.06.2024 and numbered 32577.
- General Communiqué of the General Directorate of Accounting (Sequence No: 71) Communiqué on Amendment to General Government Financial Statistics (Sequence No: 90) entered into force through publication in the Official Gazette dated 15.06.2024 and numbered 32577.
- The Communiqué on the Financial Statements of Companies Applying Inflation Adjustment entered into force through publication in the Official Gazette dated 15.06.2024 and numbered 32577.
Mergers and Acquisitions
- The Competition Board (Board) authorized the sale of Turen Enerji İnşaat Sanayi ve Ticaret A.Ş., Essentium Enerji Yatırımları A.Ş., Yeşilbaş Enerji Üretim A.Ş., Redaş Elektrik Üretim Pazarlama Sanayi ve Ticaret A.Ş., Olca Elektrik Üretim ve Ticaret A.Ş., Menerji Elektrik Üretim Dağıtım Pazarlama Sanayi ve Ticaret A.Ş.'s and Emsat Elektrik Üretimi ve Malzeme Pazarlama Sanayi ve Ticaret A.Ş.’s real estates, movable assets, licenses issued by EMRA and all other properties, rights and assets, including the contracts to which they are a party and those arising from these contracts but which do not have economic value on their own, within the scope of the Akfel HEPP Group Commercial and Economic Integrity created by the Savings Deposit Insurance Fund. (21.05.2024, 24-23/548-231)
- The Board authorized the acquisition of sole control of Integrated Environmental Solutions Limited by Thunder Bidco Limited controlled by Apax Partners LLP (21.05.2024, 24-23/524-219)
- The Board authorized the transaction of establishing joint control over Trendyol Azerbaijan Limited Liability Company established by DSM Grup Danışmanlık İletişim ve Satış Ticaret A.Ş., controlled by Alibaba Group Holding Limited, through its subsidiaries DSM Global Elektronik Ticaret Hizmetleri ve Yatırımları A.Ş. and DSM Türkiye Elektronik Ticaret Hizmetleri ve Yatırımları A.Ş., by acquiring some of the shares of DSM Global Elektronik Ticaret Hizmetleri ve Yatırımları A.Ş. by Pasha Holding LLC. (21.05.2024, 24-23/526-220)
- The Board authorized the acquisition of sole control of Rompharm İlaç Sanayi ve Ticaret Ltd. by Ruşen KALENDER (21.05.2024, 24-23/535-225)
- The Board authorized the acquisition of sole control of Altium Limited by Renesas Electronics Corporation (21.05.2024, 24-23/542-226)
- The Board authorized the transfer of the rights to operate the duty-free sales area within Antalya Airport to A.T.Ü. Turizm İşletmeciliği A.Ş. through a ten-year concession agreement in line with the tender held by Fraport TAV Antalya Terminal İşletmeciliği A.Ş. and Fraport TAV Antalya Yatırım Yapım ve İşletme A.Ş. on 28.02.2024. (21.05.2024, 24-23/544-227)
- The Board authorized the establishment of joint control of Koç Holding A.Ş. and Ahmet MUSUL over Sendeo Dağıtım Hizmetleri A.Ş., wholly owned directly by Koç Holding A.Ş. and indirectly through Aygaz A.Ş., and Ekol Ekspres Kargo A.Ş., wholly owned by Ahmet MUSUL. (21.05.2024, 24-23/545-228)
- The Board authorized the acquisition of the sole control of Gürolteks Tekstil Turizm Ticaret ve Sanayi A.Ş., which is under the joint control of Fun&Sun Hotels Otel İşletmeciliği Turizm İnşaat Ticaret A.Ş. and Taff Investment Turizm A.Ş., by Fun&Sun Hotels Otel İşletmeciliği Turizm İnşaat Ticaret A.Ş.. (21.05.2024, 24-23/546-229)
- The Board authorized the acquisition of all shares of Bayraktarlar Aksaray Motorlu Araçlar San. ve Tic. A.Ş. by Koluman Motorlu Araçlar Ticaret ve Sanayi A.Ş. (21.05.2024, 24-23/547-230)
Energy
- The decisions of the Energy Market Regulatory Authority (EMRA) dated 16.05.2024 and numbered 12632, 12633, 12634, 12635 were published in the Official Gazette dated 01.06.2024 and numbered 32563.
- The decisions of EMRA dated 30.05.2024 and numbered 12656, 12657, 12658, 12659, 12660, 12661, 12662, 12663, 12665, 12667 were published in the Official Gazette dated 01.06.2024 and numbered 32563.
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