Bär & Karrer Advised the Sellers on the Sale of Statron
Bär & Karrer advised the owners on the sale of Statron AG, an internationally active provider of power supply systems (UPS) as well as battery and energy storage solutions, to Helvetica Capital AG.
Crypto Regulation Overhauled & SCT Increase on Alcohol and Tobacco Implemented
In March 2025, the Capital Markets Board issued Communiqués III‑35/B.1 and B.2, introducing licensing requirements for Crypto Asset Service Providers. These regulations mandate minimum paid-in capital of TRY 150 million for exchanges and TRY 500 million for custodians, alongside internal compliance roles and full AML/KYC structures. Licensing is expected to be effective from 30 June 2025, with full compliance …
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Turkey Advances Emissions Trading System & Strengthens Environmental and Digital Regulation
Turkey continues its legislative push on environmental and regulatory reforms. Parliament is currently reviewing the Emissions Trading System, with a pilot phase expected in 2026, initially targeting cement and industrial sectors. Once fully enacted, the ETS will integrate with the EU’s Carbon Border Adjustment Mechanism and be gradually implemented through 2034.
Turkey Enacts 10th Judicial Reform Package & Launches 4th Strategy
On 4 June 2025, Turkey passed Law No. 7550, also known as the “10th Judicial Reform Package,” introducing substantive criminal and procedural reforms. These include expanded eligibility for house arrest, stricter parole thresholds, and higher minimum sentences for certain short-term offenses such as assault or traffic violations. Reform of the Code of Private International and Procedural …
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Turkey Proposes Vehicle SCT Adjustments & Broadens Tax Tools
A draft law submitted to Parliament on 16 June 2025 proposes amendments to the Motor Vehicles Tax Law and the Special Consumption Tax (SCT) Law. The proposal would empower the Presidency to adjust SCT rates dynamically based on electric vehicle battery range, engine size, and carbon footprint. Market stakeholders have voiced concerns regarding potential price …
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Turkey Raises Withholding Tax and Clarifies Taxation of Small Business Income
In late 2024, Turkey increased the general withholding tax rate on cross-border payments including dividends, interest, and royalties from 10% to 15% via Presidential Decree. The 50% participation exemption under the Corporate Tax Law remains applicable, subject to revised qualification rules.
Turkey Introduces Domestic Minimum Tax & Tightens Digital VAT Controls
In August 2024, Turkey enacted Law No. 7524 to introduce a domestic minimum corporate income tax regime, in alignment with OECD-G20 BEPS Pillar Two guidelines. Starting from fiscal year 2025, all corporate taxpayers in Turkey are subject to a minimum 10% tax on income before deductions. The regime ensures a tax floor even where exemptions, …
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Regulatory Framework for Doing Business in Indonesia and India: Opportunities and Challenges
Bagus Enrico & Partners and Hammurabi & Solomon Partners would like to invite you on a exclusive cross-border seminar on the topic:
Ilyashev & Partners Named Among Top 5 Law Firms in CEE for Client Satisfaction
Ilyashev & Partners, one of Ukraine’s leading law firms with offices in Kyiv, Dnipro, Kharkiv, and Odesa, has been included among the top 5 law firms in Central and Eastern Europe in the Client Satisfaction Award category.
SNG & PARTNERS ASSISTS INVESTORS AND DEBENTURE TRUSTEE IN NON-CONVERTIBLE DEBENTURE ISSUANCE BY LODHA DEVELOPERS LIMITED
SNG & Partners represented investors and the debenture trustee in relation to the issuance of rated, listed, senior, secured, redeemable, taxable, transferable non-convertible debentures (NCDs) aggregating to a total of INR 500 Crores by Lodha Developers Limited, formerly known as Macrotech Developers Limited (Lodha Developers), one of India’s largest and most prominent real estate developers.