Amendments to the Regulation on the Implementation of the International Labor Force Law

By |2025-02-01T17:50:46+00:00October, 2024 |

With the amendments published in the Official Gazette on October 15, numbered 32693, significant changes have been introduced to the Regulation on the Implementation of the International Labor Force Law concerning work permit exemptions in Türkiye. Under Article 48 of the regulation, the work permit exemption previously granted to foreign nationals contributing to economic, socio-cultural, [...]

Updated Work Permit Evaluation Criteria in Türkiye

By |2025-02-01T17:50:33+00:00October, 2024 |

The work permit evaluation criteria, applied under the Additional Article of the Regulation on the Implementation of the International Workforce Law, have been updated in accordance with Article 22 of the same regulation. These new evaluation criteria took effect on October 1, 2024, [1]and include several significant changes to the employment, financial competence, and salary [...]

HUMAN DEVELOPMENT AND SOCIO-ECONOMIC DEVELOPMENT INDEXES

By |2025-02-01T17:50:11+00:00September, 2024 |

Human development is a key factor that goes beyond economic growth, focusing on improving individuals' well-being, quality of life, and access to opportunities. In recent decades, Türkiye has placed significant emphasis on enhancing not just its economic output but also the living standards and social welfare of its population. This approach aligns with global trends [...]

NEW RULES ON PRESS, SOCIAL MEDIA AND INTERNET JOURNALISM

By |2025-02-01T17:47:53+00:00October, 2022 |

With new law, major amendments like inclusion of the regulation of Internet News Sites within the scope of Turkish Press Law, details, and updates with regards to types, eligibility, issuance, and cancellations of Press Cards made to the Turkish Press Law. New rules regulating operations and obligations of foreign Social Network Providers and Over-the-Network Providers are introduced and sanctions and restrictions are adopted in an aim to regulate online platforms and to criminalize certain offences like disseminating false or misleading content.

ARTICLE 75 OF THE MUNICIPALITY LAW NO. 5393: JOINT PROJECTS BETWEEN MUNICIPALITIES AND ASSOCIATIONS / FOUNDATIONS

By |2025-02-01T17:36:36+00:00August, 2022 |

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.

ISTANBUL FINANCIAL CENTER

By |2025-02-01T17:36:59+00:00June, 2022 |

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

By |2025-02-01T17:47:07+00:00April, 2022 |

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

By |2025-02-01T17:46:48+00:00March, 2022 |

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.