ArticlePrejudicial Discounts In Tender ProcessesUnder international law, the prejudicial clause is also a violation of BITs between the Republic of Turkey and a number of other countries.TurkeyGovernment, Public SectorBezen & Partners
ArticleGeneral Communiqué On The Law Regarding The Restructuring Of Taxes And Other Certain Receivables And Amendments Made To Certain Laws Numbered 7143 By The Ministry Of Finance, The Department Of Revenue With Serial Number 3Multiple declarations may be made until expiry of the deadline stated above. TurkeyInsolvency/Bankruptcy/Re-StructuringBezen & Partners
ArticleLegislative Proposal To Amend Mandatory Mediation On Labour DisputesArticle 3 of the Law sets out a mandatory mediation requirement as a precondition to the commencement of formal litigation for certain labour law claims. TurkeyLitigation, Mediation & ArbitrationBezen & Partners
ArticleThe Liberalisation Of Turkish RailwaysThe Law on the Liberalisation of Turkish Railway Transportation numbered 6461 (the "Law") came into force on 1 May 2013 with the ambitious goal of liberalising the railway industry and increasing...TurkeyTransportBezen & Partners
ArticleAmendments To Decree No. 32 Regarding The Protection Of The Value Of The Turkish LiraThe Council of Ministers' has recently adopted changes to Decree No. 32 Regarding the Protection of the Value of the Turkish Lira ("Decree No. 32") which governs the general currency control and capital flows regime of the Republic of Turkey.TurkeyFinance and BankingBezen & Partners
ArticleA Look At Recent Amendments To Independent Audit ThresholdsIndependent auditing refers to auditing of a company's financial statements, records, accounting practices and internal controls and other related matters by an independent auditor. TurkeyAccounting and AuditBezen & Partners
ArticleAmendments Concerning The Scope And Amount Of KOSGEB's Financial Support To SMEs As Another COVID—19 MeasureAs part of the government's measures in the fight against the COVID-19 pandemic, Presidential Decree No. 2350 on the Amendment of the Decree on the Provision of Financial Support with Favourable Conditions by KOSGEB ...TurkeyCoronavirus (COVID-19)Bezen & Partners
ArticleMandatory Mediation For Labour Disputes And Amendments To The Labour LawThe Labour Courts Law numbered 7036 has been published in the Official Gazette dated 25 October 2017 and numbered 30221.TurkeyEmployment and HRBezen & Partners
ArticleThe Amended RESA RegulationThe electricity to be generated will be sold for a period of 15 years as of the signing date of the RESA Right of Usage Agreement.TurkeyEnergy and Natural ResourcesBezen & Partners
ArticleAmendments To The Healthcare PPP LawThe Decree Numbered 703 Amending Certain Laws and Decrees for the Purposes of Compliance with the Amendments to the Constitution was published in the 3rd repeating Official Gazette dated 9 July 2018 and numbered 30473.TurkeyFood, Drugs, Healthcare, Life SciencesBezen & Partners
ArticleSukuk In Turkey: Fostering DiversitySukuk are Islamic investment certificates which entitle investors to an economic interest in the underlying assets supporting the issuance.TurkeyFinance and BankingBezen & Partners
ArticleThe Effect Of The COVID-19 Pandemic On Public Procurement AgreementsPresidential Circular No. 2020/5 on the Effects of the COVID-19 Pandemic on Public Procurement Agreements (the "Circular") has been published in the Official Gazette dated 2 April 2020 and numbered 31087.TurkeyCoronavirus (COVID-19)Bezen & Partners
ArticleFinancial Opportunities With The New Mining RegulationThe Ministry of Energy and Natural Resources (the "Ministry") has recently issued a regulation on mining activities, providing a more investor friendly landscape as part of the application of the Mining Law numbered 3213 ...TurkeyEnergy and Natural ResourcesBezen & Partners
ArticleEquity-Based Crowdfunding Communiqué Is Open For Public ConsultationThe CMB will close the Draft Communiqué for public comment on 4 February 2019. TurkeyFinance and BankingBezen & Partners
ArticleThe Personal Data Protection Board's Decision On Class ExemptionsThe Personal Data Protection Board has determined the persons to be exempt from registering to the Data Controllers Registry with its decision dated 2 April 2018 and numbered 2018/32. TurkeyPrivacyBezen & Partners
ArticleImportant Amendments Concerning The Revaluation Of Rental AmountsThe Blanket Law No 7161 published in the Official Gazette dated 18 January 2019 introduced a series of amendments to rent revaluation rules. TurkeyReal Estate and ConstructionBezen & Partners
ArticleAre Mutual Termination Agreements Subject To Tax Exemptions?The Income Tax Law numbered 193 (the "Income Tax Law") has been subject to important amendments pursuant to the Law Amending the Tax Related Laws and Other Laws and Decree Laws numbered 7103.TurkeyTaxBezen & Partners
ArticleAmendments To The Regulation Regarding The Restructuring Of Debt Owed To The Financial SectorThe Regulation on the Amendment of the Regulation regarding the Restructuring of Debt Owed to the Financial Sector has entered into force upon its publication in the Official Gazette dated 21 November 2018 ...TurkeyInsolvency/Bankruptcy/Re-StructuringBezen & Partners
ArticleDrafting An Arbitration Clause In Light Of Mandatory Turkish Law RequirementsIt constitutes an unfortunate decision with respect to the promotion as well as the internationally recognised arbitration practice. TurkeyLitigation, Mediation & ArbitrationBezen & Partners
ArticleA Summary Of The New Legislation Regarding Digital Services TaxThe constant increase in Internet use and technological improvements have helped us access many applications and programs on digital platforms. TurkeyTaxBezen & Partners