ARTICLE 75 OF THE MUNICIPALITY LAW NO. 5393: JOINT PROJECTS BETWEEN MUNICIPALITIES AND ASSOCIATIONS / FOUNDATIONS
Municipalities may carry out joint service projects with the public professional organizations, associations for public interest, foundations exempted from taxation by the Council of Ministers and professional organizations under the Law No. 5362 on Professional Organizations of Tradesmen and Craftsmen dated June 07, 2005.
SEVERANCE PAY OBLIGATIONS BASED ON SGK CODES FOR TERMINATION OF EMPLOYMENT
The table of Social Security Termination Codes below demonstrates the employees’ rights in terms of severance pay, notice pay and unemployment insurance as a result of the reason for termination of employment.
ISTANBUL FINANCIAL CENTER
Istanbul Financial Center is designed to make Istanbul one of the leading international financial centers by attracting the international financial institutions to Türkiye by promising with its multilayered and functional structure spread over 3.4 million square meters, a transparent, productive, and predictable management order through a centralized performance of management, leasing, security, maintenance and cleaning services and services for meeting the daily needs of approximately 100.000 employees and visitors.
COMMUNIQUÉ NO. 2022-32/66 ON THE AMENDMENT OF THE COMMUNIQUÉ NO 2008-32/34 ON THE DECREE NO. 32 ON THE PROTECTION OF THE VALUE OF THE TURKISH CURRENCY GalleryCOMMUNIQUÉ NO. 2022-32/66 ON THE AMENDMENT OF THE COMMUNIQUÉ NO 2008-32/34 ON THE DECREE NO. 32 ON THE PROTECTION OF THE VALUE OF THE TURKISH CURRENCY
COMMUNIQUÉ NO. 2022-32/66 ON THE AMENDMENT OF THE COMMUNIQUÉ NO 2008-32/34 ON THE DECREE NO. 32 ON THE PROTECTION OF THE VALUE OF THE TURKISH CURRENCY
On April 21, 2022, a press briefing on the Communiqué No. 2022-32/66 has been released on the web page of Ministry of Treasury and Finance to provide further details on the implementation of Communiqué No. 2022-32/66.
CLASSIFICATION OF THE COMPANIES UNDER THE TURKISH COMMERCIAL CODE
In Turkey, the companies can be incorporated in accordance with various laws. The companies incorporated according to the Turkish Commercial Code are classified as sole proprietorships and equity companies. On the other hand, the cooperative companies can be specified according to the Cooperatives Law and the ordinary partnerships can be specified according to the Code of Obligations.
REGULATION FOR IMPLEMENTATION OF THE LAW ON INTERNATIONAL LABOR FORCE
Regulation on implementation of the International Labor Force Law No. 6735 entered into force upon being published in the Official Gazette dated February 02, 2022 and numbered 31738. The Regulation for Implementation of the Law on the Work Permit for Foreigners published in the Official Gazette dated August 29, 2003 and numbered 25214 has been annulled.
REGULATION ON AMENDMENTS TO THE REGULATION ON IMPLEMENTATION OF THE LAW ON TURKISH CITIZENSHIP
On Jan 6, 2022, through presidential decree no. 5072, “Regulation on Amendments to the Regulation on Implementation of the Law on Turkish Citizenship” put into effect as per article 46 of Turkish Citizenship Law no 5901.
TAXING WAGES (Income Tax & Stamp Tax)
Law No. 7349 regarding amendments to the income tax law and certain other laws, has entered into force on 25 December 2021.
FOREIGN CIVIL SOCIETY ORGANIZATION (INGOS)
Foreign CSOs are subject to legislation applicable to local CSOs. A Foreign Civil Society Organizations as per Turkish law defined as associations with their headquarters abroad and non-profit organizations other than associations and foundations.
REGULATION FOR THE AMENDMENT OF THE REGULATION ON ASSOCIATIONS
On 21 October 2021, Regulation for the amendment of the Regulation on Associations published in the Official Gazette numbered 31635. Important amendments, especially within the framework of Foreign Aid and Auditing of Associations have been introduced to the Regulation on Associations.
TURKISH SEVERANCE PAY SYSTEM – AT GLANCE
The severance pay is referred to as the payment made upon the termination of the employment contract based on the seniority of the employee within the framework of the reasons specified in the Turkish Labor Law. [...]
DEFINING RESILIENCE: “BOUNCE BACK”
Resilience, as an ambiguous, complex term, within its contested definitions, there is no straight definition of resilience exists in the literature. Many operational definitions indeed echo similar thought as resilience varies based on the definition of adversity and the [...]