In recent years, due to inflation, fluctuating exchange rates, exorbitant increases, and economic and political difficulties that occur in Turkey, the legal relationship between the lessee and the lessor has pe…
Effective from January 1, 2024, the minimum capital amounts stipulated in the Turkish Commercial Code for joint stock and limited liability companies have been increased as follows:
- From TRY 50,000 to TRY 25…
The Competition Authority published its annual report ('Report') for 2022. In the Report, the activities of the Competition Authority for the year 2022 are presented with numbers. One of the most interesting fi…
The Competition Board concluded its investigation regarding 37 undertakings in the labor market. The investigation was initiated to examine whether the parties had entered into employee non-solicitation agreeme…
Annual Rent Increases are now capped at 25% in Residential Leases
Within the scope of the temporary Article 1 added to the Turkish Code of Obligations as published on the Official Gazette dated 11 June 2022 a…
Do Not Forget to Complete the Notifications Regarding Activity Information Form Until the End of May in accordance with the Foreign Direct Investments Law and the Regulation on the Implementation of the Foreign…
As you may recall, the main legislation governing the formalities for general assembly meetings of joint-stock companies is the Regulation on the Procedures and Principles of the General Assembly Meetings of Jo…
The Ministry of Trade announced today that deadlines for service providers to register with the IYS and upload their approvals to the system has been postponed once again, considering the negative effects of…
If you have not registered with the Message Management System ("IYS") and have not uploaded the consents that you have previously received from your customers for sending commercial electronic messages to the I…
On May 23rd 2020, it was announced that some deadlines regarding the Message Management System (IYS) have been postponed for 3 months as per the power given to the Ministry of Trade under the relevant regulatio…
