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ARTICLE · 19 JULY 2019

New "Tourism Share" Payment Liability On Certain Commercial Enterprises

The Law No. 7138 on the Tourism Publicity and Development Agency, published in the Official Gazette No. 30832 dated 15 July 2019, established the Tourism Publicity and Development Agency, ...

TurkeyStrategy

Recent Development

The Law No. 7138 on the Tourism Publicity and Development Agency ("Law"), published in the Official Gazette No. 30832 dated 15 July 2019, established the Tourism Publicity and Development Agency ("Agency"), a separate legal entity subject to private law except for certain issues specified in the Law.

One of the Agency's income resources will be the "tourism share" payment, explained below.

What Does the Law Say?

According to the Law, the Agency's main activities will be: (i) developing strategies and carrying out publicity activities to reach Turkey's tourism objectives and promote/market Turkey's tourism opportunities worldwide; (ii) making recommendations by identifying the needs and trends of the tourism sector and market; (iii) performing works to contribute the tourism potential into Turkey's economy and to increase tourism investments and tourism share; and (iv) performing the necessary works to increase the service and overall

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