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Liaison Office in Turkey: Its Activities, Permission Procedure and Advantages

The Turkish law, more precisely the Foreign Direct Investment Law numbered 4875 and the Regulation on the Implementation of the Foreign...

Voluntary Liquidation of Turkish Companies

Shareholders can choose to liquidate their companies through a resolution. The company may have achieved its goal, or its operations may no

Waiting Period Reduced to Three Months for Voluntary Liquidation of Turkish Companies

The Code on Amending the Code on the Establishment and Duties of the Turkish Exporters Assembly and Exporter Associations and Certain...

Procedures and Principles of Remote Working in Turkey

Remote working has been explicitly regulated in Turkish Law since the amendment made in Labor Code numbered 4857 (the “Code”) in 2016. As...

A New Postponement in the Deadline for Enrolling in VERBIS in Turkey Due To COVID-19

The deadline for enrolling in the Data Controllers’ Registry (“VERBIS”) has been postponed once again due to COVID-19, by the decision of...

Obligation for Preparing a Data Breach Response Plan

Article 12 paragraph 5 of the Law on the Protection of Personal Data numbered 6698 stipulates that if processed data are collected by...

Restriction for the Residents of Turkey on Contracting in Foreign Currencies

The Decision no. 85 of the President of the Republic of Turkey (the “Decision”) published in the Turkish Official Gazette and enforced on...