News and Publications

Turkey’s Ministry of Energy and Natural Resources has amended legislation governing large-scale renewable energy resource areas (“RERA”). The General Directorate of Renewable Energy’s (“General Directorate“) authority has been expanded, to now also include the power to determine technical and […]

The following article gives a summary of decrees by the Council of Ministers and communiqués by the Ministry of Economy regarding prevention of unfair competition in imports, made between 1 May 2017 and 31 May 2017. Dumping Investigation Launched […]

Turkey’s Ministry of Energy and Natural Resources (“Ministry”) has updated the regulatory regime for firms which supervise and approve electricity generation facilities (“Authorized Firms”). The changes generally tighten the regime, by restricting the Ministry’s delegation powers, as well as […]

Turkey’s Ministry of Finance has announced changes to the Value Added Tax (“VAT”) regime. Changes apply to discount methods for undeclared VAT. Undeclared VAT on invoices can now be discounted within the year when the case is completed. The […]

The Turkish Competition Board (“Board”) recently published a decision which could signal a changing stance on the admissibility of statements from employees of investigated undertakings. The Board continues to have wide powers to request and consider information during investigations. […]

Turkey’s Data Protection Authority (“Authority”) recently held a two week public consultation period on the details of draft legislation which establishes the Data Controller Registry (“Registry”), ending on 20 May 2017. Stakeholders could submit opinions and suggestions to the […]

Turkey’s Public Oversight Accounting and Auditing Standards Authority has revised certain rules for independent auditors. Changes involve new responsibilities to address and evaluate key issues in audit reports, as well as revised obligations for auditors when agreeing audit terms […]

The Turkish Bar Association has updated the rules for reconciliation negotiations. These are an alternative dispute resolution mechanism, available to parties before filing lawsuits (except those involving public order). The mechanism allows dispute parties an opportunity to voluntarily settle […]

Turkey has made a range of changes to taxes and fees. Stamp waiver is now waived for certain construction-related agreements and title deed fees are reduced until September 2017. Repayment rates for the Resource Utilization Support Fund have been […]

Turkey’s Constitutional Court recently ruled that a property owner’s constitutional rights were violated by a failure to ensure a balance between public interests and the individual’s property ownership rights. The applicant owned an office on a street which the […]