FINANCIAL LEASING LAW ENACTED
The Milli Maclis adopted the Law, On Financial Leasing, on 26 May 2026, and it was subsequently promulgated by Presidential Decree on 25 June 2026. The Law will enter into force on 25 December 2026. Existing leasing operators will be required to bring their activities into compliance and apply for registration within the transition period provided by the Law and implementing regulations.
NEW RULES FOR INVESTMENT PROJECTS IN TOURIST CENTERS
On 22 June 2026, the Cabinet of Ministers approved by Resolution No. 187 the Rules for Lease and Use of State-Owned Real Estate in Tourist Centers and Implementation of Investment Projects. The Rules apply to state-owned land plots and construction facilities located in tourist centers within tourism and recreational zones and establish the legal framework for allocating such assets to investors.
