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21/05/2024 tarihli Resmi Gazete'de yayımlanan 8485 sayılı Cumhurbaşkanı Kararı ile 3095 sayılı Kanuni Faiz ve Temerrüt Faizine İlişkin Kanun'un 1.maddesinde düzenlenen kanuni faiz oranının...

Presidential Circular numbered 2021/16 announcing a Strategy Document on combating money laundering, terrorism financing, and enhanced confiscation practices was published in Official Gazette dated 17 July 2021, numbered 31544.

The Presidential Decree on the Amendments to the Decree No. 32 on Protection of the Value of the Turkish Currency (the Decree")

Turkey's Grand National Assembly has enacted Law No. 7582, expanding tax incentives for the Istanbul Finance Center and introducing a new framework for qualified service centers. The legislation broadens the scope of existing IFC tax benefits, extends their duration, and establishes specific requirements for legal consultancy services and industrial zones, with most provisions applying to tax periods beginning January 1, 2026.

In April 2007, the Turkish government announced its plans to privatize the operations of several bridges and stretches of highway throughout the country.

Turkey has established the Industrial Decarbonization Investment Platform in partnership with major international financial institutions to accelerate the green transition of energy-intensive industries. The initiative targets securing 5 billion Euros in financing by 2030 to support decarbonization investments in steel, aluminum, cement, and fertilizer sectors, with plans to expand to additional industries. Through this platform, Turkey aims to reduce carbon emissions by over 20 million tons annually while

Turkey has updated rules related to pledges on movable assets. Notably, all future legal interests in a movable asset will now be directly covered by a pledge, together with the movable asset.

On 1 June 2017, Law No: 7033 on Amendment of Certain Laws and Executive Orders for the Development of Industrial Zones and Subsidization of Production Has Been Published in the Official Gazette.

Following the ratification of FATCA Agreement by the Turkish Parliament, FATCA has become a national legislation.

The Regulation on Duty Free Shops ("Regulation") was published in the Official Gazette dated 08.08.2017 and numbered 30148 and abolished the preceding Regulation on Duty Free Shops.

It is almost a year since the New Turkish Commercial Code ("TCC") came into force on 1st July, 2012 providing fundamental changes and solutions to problems that caused difficulties in the past.

Turkey has widened the scope of government incentives offered for investments in certain industries.

A Circular has been published in Turkey, outlining distribution of tasks between governmental institutions for 2014 to 2020, as well as principles for managing financial assistance given to European Union candidate countries.

SGK has updated its e-Debt Certificate System and EKAP debt inquiry service, introducing new debt limits for employers with restructured or deferred debts who maintain regular payment obligations.

3095 Sayılı Kanuni Faiz ve Temerrüt Faizine İlişkin Kanunun 1. maddesinde düzenlenen kanuni faiz oranının değiştirilmesi hakkındaki 21.05.2024 tarihli ve 8485 sayılı Karar ("Karar"), 21.05.2024 tarihli...

A Strategy and Action Plan for Small and Medium-sized Enterprises has been issued for the 2015-2018 period.

Transaction values and amounts of agreements of sale, purchase, lease, financial leasing, service and to produce work shall be based on Turkish Lira.