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2021 minimum wage support has come into force with the Law No. 7333 published in the Official Gazette dated 28.07.2021 and numbered 31551.

Company establishment in Turkey is one of the initially asked questions by an investor before start up of an investment project.

The purpose of this article is to review current Turkish law that impacts shareholders' rights and usufruct rights. Turkish law provides shareholders of a joint stock corporation with certain, fairly typical rights as are found in virtually all corporate codes throughout Europe and North America.

When considering the main rationale behind establishing a joint stock company, the most important is the financial benefits of being a shareholder of a joint stock company which is the opportunity to participate in the profit sharing.

The term "Islamic finance" refers to a system of financing or financial activity that is consistent with Islamic rules and principles. The model outlined under the Islamic finance is generally based on two main pillars, namely the sharing of profit and loss; and the prohibition of charging interest.

According to the Article 138 of the Code of Obligations No. 6098, "An extraordinary situation which is not foreseen by the parties at the time of the contract and which is not expected to be anticipated, ...

A new Principle Decision on Sales Methods and Distribution Rules Applicable to Initial Public Offerings of Shares has been issued by the Capital Markets Board and published in its Bulletin on 30 March 2023 amending its Principle Decision ...

The hyperinflation that started in 1970’s has been affecting Turkish economic life and has caused the expression of economic values by billions, trillions or even in quadrillions. From 1981 new banknotes in larger denominations started to be circulated due to this high inflation to meet the cash demand in the economy. For the last few years the highest denominated banknote is 20.000.000 TL, which is also the highest denominated banknote in the world.

Turkey has introduced new preparation and disclosure requirements for financial reports by investment funds, as well as a complete exemption for foreign investment funds.

With the entry into the force of the Capital Markets Law No. 6362 ("CML") on December 30, 2012, the legal landscape of the Turkish capital markets has dramatically changed.

With its decision No. 10250 and dated June 24, 2022, the Banking Regulatory and Supervisory Authority (the "BRSA") has introduced a Turkish lira borrowing restriction for ...

Turkey's pharmaceutical regulatory landscape has evolved with new naming guidelines for human medicinal products. The Turkish Medicines and Medical Devices Agency has established comprehensive procedures for assessing product name similarity, incorporating INN root analysis and automated screening systems. These regulations introduce structured evaluation criteria and appeal mechanisms that will reshape how pharmaceutical companies approach product naming in the Turkish market.

FIDIC (Fédération Internationale Des Ingénieurs-Counseils) is an international professional organization consisting of consulting engineers' chambers.

In order to regulate the procedures and principles to be followed in cases of loss of capital or insolvency of joint stock companies, limited liability companies and limited partnership companies with capital divided into shares ...

Discretionary mediation was first introduced into the Turkish legal system in 2013 by Law No 6325 on Mediation in Civil Disputes as one of the alternative dispute resolution methods.

On January 4, 2020, the Message Management System ("IYS"), which aims to collect all opt-in consents in a single database accessible both by the service providers and the recipients was introduced.

In the public announcement published by the Personal Data Protection Board ("Board") on the Board's website on 13.11.2023 ...

Significant amendments to Law No. 6698 on the Protection of Personal Data ("KVKK") regarding the transfer of personal data abroad were introduced through Law No. 7499...