Current legal insights, articles, and announcements.
One of the most significant consequences of the absence of a legally required organ in a joint-stock company or the failure to convene a general meeting is the decision to dissolve the company pursuant to Article 530 of the TCC. Under Article 530 of the TCC, the prolonged absence of a board of directors and/or […]
With the Presidential Decision (No. 10767) published in the Official Gazette dated 25 December 2025 and numbered 33118, the digital services tax rate set forth in Article 5 of Law No. 7194 on the Digital Services Tax and Amendments to Certain Laws and Decree Law No. 375 has been re-determined. The Decision was adopted pursuant […]
With the Communiqué (No. 2026/5) Amending the Communiqué on the Procedures and Principles Regarding Fees That May Be Charged by Banks to Commercial Clients (No. 2020/4), published in the Official Gazette dated 31 January 2026 and numbered 33154, a significant distinction has been introduced concerning loan disbursement fees that banks may charge commercial clients. Pursuant […]
With the Communiqué on the Redetermination of the Minimum Equity Amounts of Payment and Electronic Money Institutions, published in the Official Gazette dated 31 January 2026 and numbered 33154, the minimum equity requirements applicable to payment institutions and electronic money institutions have been revised. Accordingly: For payment institutions falling within the scope of subparagraph (e) […]
With the Decision of the Kamu Gözetimi, Muhasebe ve Denetim Standartları Kurulu published in the Official Gazette dated 16 January 2026 and numbered 33139, the threshold criteria used to determine the scope of application of the Türkiye Sustainability Reporting Standards (TSRS) have been redefined. Accordingly, the criteria to be taken into account for falling within […]
With the announcement published by the Kişisel Verileri Koruma Kurumu (Personal Data Protection Authority), the minimum and maximum amounts of administrative fines applicable under the Personal Data Protection Law No. 6698 (KVKK) have been updated based on the revaluation rate for 2026. The revised amounts entered into force as of 1 January 2026. Within this […]
With the Presidential Decision (No. 10813) published in the Official Gazette dated 7 January 2026 and numbered 33130, significant amendments were introduced to the Decision on the Implementation of Certain Articles of the Customs Law No. 4458. Under the new regulation, the single and fixed tax rates applicable to medicinal products and food supplements sent […]
The 2025 Mergers and Acquisitions Outlook Report (“Report”), published by the Rekabet Kurumu (“Authority”) on 7 January 2026, was made available on the Authority’s official website on the same date. The Report includes up-to-date statistical data regarding mergers, acquisitions and privatization transactions reviewed by the Competition Board throughout 2025. The key highlights of the Report […]
