Recent Keynotes of May 2017
International Agreements
- The Resolution of the Council of Ministers dated 27.02.2017 and numbered 2017/9994 on the Ratification of the Reciprocal Trade Encouragement System Agreement Between Republic of Turkey and the Republic of Belarus was published in the Official Gazette dated 11.05.2017 and numbered 30063.
Legislation
- The Communiqué on Prevention Measures in Importation (Communiqué No: 2017/2, 2017/3, 2017/4, 2017/5) entered into force through publication in the Official Gazette dated 22.04.2017 and numbered 30046.
- The Regulation on the Application of Industrial Property Law entered into force through publication in the Official Gazette dated 24.04.2017 and numbered 30047.
- The Communiqué (Communiqué No: 2017/5) on the Amendment to the Communiqué on Payments to be made by Joint-Stock and Limited Liability Companies in accordance with Law numbered 4054 entered into force through publication in the Official Gazette dated 25.04.2017 and numbered 30048.
- The List of Incentive Certificates of March, 2017 entered into force through publication in the Official Gazette dated 29.04.2017 and numbered 30052.
- The List of Canceled Incentive Certificates of March, 2017 entered into force through publication in the Official Gazette dated 29.04.2017 and numbered 30052.
- The Decree Law on Taking Precautions Regarding the State of Emergency entered into force through publication in the Official Gazette dated 29.04.2017 and numbered 30052 (bis).
- The Decree Law on Making Adjustments Regarding the State of Emergency entered into force through publication in the Official Gazette dated 29.04.2017 and numbered 30052 (bis).
- The Communiqué on the Amendment to the Common Practice Communiqué on Value Added Tax entered into force through publication in the Official Gazette dated 05.05.2017 and numbered 30057.
- The Communiqué on the Prevention of Unfair Competition in Importation (Communiqué No: 2017/13, 2017/14) entered into force through publication in the Official Gazette dated 12.05.2017 and numbered 30064.
- The Communiqué on the Prevention of Unfair Competition in Importation (Communiqué No: 2017/11, 2017/12) entered into force through publication in the Official Gazette dated 14.05.2017 and numbered 30066.
- The Communiqué on Exemption of Taxes, Duties and Charges in Exportation, Transit Trade, Sales and Deliveries Considered as Exportation and Foreign Currency Increasing Services and Actions (Exportation: 2017/4) entered into force as of 001.2018for Article 18/5, and through publication in the Official Gazette dated 18.05.2017 and numbered 30070 for the remaining articles.
- The General Communiqué on the Application of the Exemption of Tax, Duties and Charges in Exportation and Other Foreign Currency Increasing Activities was published in the Official Gazette dated 18.05.2017 and numbered 30070. This Communiqué entered into force on 09.08.2016.
Competition Board Decisions
- The Competition Board (“Board”) granted individual exemption to the association of undertakings decision regarding carrying out the activities within the scope of “Waste Management Strategies of Worn Tires and Application Plan 2016-2020” prepared by Tire Industrialists Association. (27.04.2017, 17-14/196-82)
Mergers and Acquisitions
- The Board authorized the acquisition of the sole control of Chryso Group Holding SAS and Financière Chrysalis by Starcin France SAS, which is a subsidiary of Cinven Capital Management (VI) General Partner Limited. (27.04.2017, 17-14/191-77)
- The Board authorized the acquisition of the Diversey Care line of work that is owned by Sealed Air Corporation for food hygiene and cleaning by Bain Capital Investors, LLC through managed funds. (27.04.2017, 17-14/192-78)
- The Board authorized the acquisition of a certain number of shares of Saudi Petrochemical Company by Saudi Basic Industries Corporation. (27.04.2017, 17-14/193-79)
- The Board authorized the acquisition of the sole control of lines of work of circulating fluidized bed type boilers of Amec Foster Wheeler Plc, FW Energie B.V. within this scope, and subsidiaries in this sector by Sumitomo Heavy Industries Ltd. (27.04.2017, 17-14/194-80)
- The Board authorized the acquisition of a certain number of shares of May-Agro Tohumculuk Sanayi ve Ticaret A.Ş. by Zaad Holdings Limited. (04.05.2017, 17-15/209-88)
- The Board authorized the acquisition of all of the shares and assets of Hamburg Südamerikanische Dampfschifffahrts- Gesellschaft KG by Maersk Line A/S. (04.05.2017, 17-15/210-89)
- The Board decided that the acquisition of the sole control of Tozmetal Ticaret ve Sanayi A.Ş. by GKN plc through GKN Industries Limited is not subject to authorization. (04.05.2017, 17-15/213-BD)
- The Board authorized the acquisition of Yarımca LPG Filling and Storage Facility that is owned by Pet Gaz A.Ş., and various assets within this facility, with all of their rights, obligations and responsibilities attached thereto by Yeniyurt Petrol Terminal A.Ş. (15.05.2017, 17-16/221-91)
- The Board authorized the establishment of a joint venture company titled Limited Liability Company Linde Power Machines between Linde AG and PJSC Power Machines. (15.05.2017, 17-16/222-92)
- The Board authorized the acquisition of 19 lease agreements regarding 19 stores of Tekin Acar Büyük Mağazacılık Ticaret A.Ş. with various of the employees, a limited number of fixed equipment, and fixtures that are necessary for the operation of stores by Sephora Kozmetik A.Ş. (15.05.2017, 17-16/227-94)
- The Board authorized the acquisition of l. du Pont de Nemours and Company with several insecticide and herbicide activities and product protection research-development activities, and a license that grants exclusive authority for the supply of a fungicide active component by FMC Corporation. (15.05.2017, 17-16/228-95)
- The Board authorized the acquisition of the sole control of CWT Limited by HNA Holding Group Co. Limited. (15.05.2017, 17-16/230-96)
- The Board granted individual exemption to the “Agency Agreement” between Avivasa Emeklilik ve Hayat A.Ş. and Odea Bank A.Ş. (15.05.2017, 17-16/231-97)
Energy
- The Energy Market Regulatory Authority (“EMRA”), published the Market Sector Reports of February, 2017 on 28.04.2017.
- The Regulation on the Amendment to the Regulation on the Service Quality of the Electricity Distribution and Retail Sales entered into force through publication in the Official Gazette dated 11.05.2017 and numbered 30063.
- The Regulation on the Amendment to the Regulation on the Documentation and Support of the Renewable Energy Resources entered into force as of 01.06.2017 for Article 4 and Article 5, and through publication in the Official Gazette dated 11.05.2017 and numbered 30063 for the remaining articles.
- The Tender Regulation on Pre-license Applications for Wind or Solar Energy Generation Facilities entered into force through publication in the Official Gazette dated 13.05.2017 and numbered 30065.
- The Regulation on the Amendment to the Regulation on the Unlicensed Electricity Generation in Electricity Market entered into force through publication in the Official Gazette dated 15.05.2017 and numbered 30067.
- The Communiqué on the Amendment to the Communiqué on the Application of the Regulation on the Unlicensed Electricity Generation in Electricity Market entered into force through publication in the Official Gazette dated 15.05.2017 and numbered 30067.
- The Regulation on the Amendment to the Regulation Pertaining to the Electricity Market Balancing and Reconciliation entered into force through publication in the Official Gazette dated 16.05.2017 and numbered 30068.
All rights of this article are reserved. This article may not be used, reproduced, copied, published, distributed, or otherwise disseminated without quotation or Erdem & Erdem Law Firm's written consent. Any content created without citing the resource or Erdem & Erdem Law Firm’s written consent is regularly tracked, and legal action will be taken in case of violation.
Other Contents
The Resolution of the President dated 28.08.2025 and numbered 10310 on the Approval of the attached Notes Verbales exchanged between the Republic of Türkiye and the United Nations Secretariat regarding the application, for a period of one year, of the provisions of the Revised Standard Agreement on...
The Resolution of the President dated 20.05.2025 and numbered 9836 on the Approval of the Memorandum of Understanding on Cooperation in the Field of Forestry between the Government of the Republic of Türkiye and the Government of the Kingdom of Cambodia was published in the Official Gazette dated...
The Resolution of the President dated 22.04.2025 and numbered 9755 on the Approval of the Agreement on Trade and Economic Cooperation Between the Government of the Republic of Türkiye and the Government of the Republic of Maldives was published in the Official Gazette dated 23.04.2025 and numbered...
The Resolution of the President dated 21.03.2025 and numbered 9686 on the Approval of the Implementing Agreement for the IPA Bulgaria-Türkiye Program (Interreg VI-A) was published in the Official Gazette dated 22.03.2025 and numbered 32849...
Law No. 7544 on the Approval of the Ratification of the Cooperation Agreement between the Government of the Republic of Türkiye and the Government of the Republic of Azerbaijan in the Field of Natural Gas entered into force through publication in the Official Gazette dated 05.03.2025 and numbered 32832...
The Resolution of the President dated 31.01.2025 and numbered 9486 on the Approval of the Agreement between the Government of the Republic of Türkiye and the Cabinet of Ministers of the Kyrgyz Republic on the Establishment and Functioning of Cultural Centers was published in the Official Gazette dated...
The Resolution of the President dated 21.12.2024 and numbered 9272 on the Approval of the Annexed Letters dated 25/10/2024 and 12/11/2024 Exchanged between the Government of the Republic of Türkiye and the European Commission on the Amendment to the Financing Agreement for IPARD III Assistance...
The Resolution of the President dated 26.11.2024 and numbered 9144 on the Approval of the Implementing Protocol on Cooperation between the Government of the Republic of Türkiye and the Government of the Turkish Republic of Northern Cyprus on Product Safety Inspection of Products Imported...
The Resolution of the President dated 01.11.2024 and numbered 9076 on the Approval of the Host Country Agreement between the Government of the Republic of Türkiye and the Turkish Investment Fund, was published in the Official Gazette No. 32710 on 02.11.2024...
The Resolution of the President dated 03.10.2024 and numbered 8993 on the Approval of the Board of Governors’ Resolutions No. 259 and 260 on the Amendment to the Annexed Agreement on the Establishment of the European Bank for Reconstruction and Development, Approved by Law No. 7526 dated...
The Resolution of the President dated 16.07.2024 and numbered 8729 on the Approval of the Economic and Financial Cooperation Agreement between the Government of the Republic of Türkiye and the Government of the Turkish Republic of Northern Cyprus was published in the Official Gazette dated...
The Resolution of the President dated 24.05.2024 and numbered 8511 on the Ratification of the Additional Protocol No. 1 to the Free Trade Agreement between the Government of the Republic of Türkiye and the Government of Malaysia was published in the Official Gazette dated 24.05.2024 and numbered 32555...
In administrative cases concerning monetary matters, the right to appeal to ordinary legal remedies against the decisions of administrative and tax courts is subject to the condition that the dispute exceeds a certain monetary limit in the Turkish legal system...
The Resolution of the President dated 26.04.2024 and numbered 8407 on the Approval of the Annexed Financing Agreement for the NEXT Mediterranean Basin (NEXT MED) Cooperation Program (Interreg VI-B) signed on behalf of the Republic of Türkiye in Ankara on 13 October 2023 was published in the Official...
The Resolution of the President dated 04.04.2024 and numbered 8298 on the Approval of the Agreement on Commercial and Economic Cooperation between the Government of the Republic of Türkiye, the Government of the Republic of Azerbaijan and the Government of Turkmenistan was published in the Official...
The Law numbered 7497 on the Approval of the Ratification of the Protocol Amending the “Preferential Trade Agreement” between the Government of the Republic of Türkiye and the Government of the Republic of Azerbaijan entered into force through publication in the Official Gazette dated 01.03.2024 and...
The Resolution of the President dated 23.01.2024 and numbered 8123 on the Approval of the Amendment Protocol signed by the Exchange of Letters dated 6/12/2023 and 20/12/2023 between the Government of the Republic of Türkiye and the European Commission on the Amendment to the Financing Agreement...
The Resolution of the President dated 27.12.2023 and numbered 7996 on the Approval of the Annexed Financing Agreement for the Annual Action Programme for Türkiye for the Year 2022, Signed on behalf of the Republic of Türkiye on 30 November 2023, together with the accompanying Notes was...
The Law numbered 7478 on the Approval of the Ratification of the Air Services Agreement between the Government of the Republic of Türkiye and the Government of the Republic of Maldives entered into force through publication in the Official Gazette dated 29.11.2023 and numbered 32384...
The Resolution of the President dated 24.10.2023 and numbered 7731 on the Approval of the Protocol on Cooperation in the Field of Social Assistance and Social Services between the Government of the Republic of Türkiye and the Government of the Turkish Republic of Northern Cyprus was published in the...
The Law on the Approval of the Ratification of the Intergovernmental Agreement on Dry Ports numbered 7459 was published in the Official Gazette dated 17.10.2023 and numbered 32342...
The Resolution of the President dated 14.09.2023 and numbered 7611 on the Approval of the Agreement signed between the Government of the Republic of Turkey and the Government of Hungary on 06/04/2023 on Cooperation in the Field of Sports was published in the Official Gazette dated 15.09.2023 and...
The concept of estate, which can be considered as the foundation of our inheritance law, refers to all the property, rights, and debts belonging to an individual after their death. Throughout history, humans have been buried with their cherished belongings based on religious beliefs, but over time, it has been observed...
The Resolution of the President dated 21.07.2023 and numbered 7393 on the Approval of the Memorandum of Understanding between the Government of the Republic of Türkiye and the Government of the People’s Democratic Republic of Algeria on Cooperation in the Field of Mining was published in the Official...
The Grant Agreement signed on 06.04.2023 between the Ministry of Treasury and Finance of Republic of Türkiye, Development and Investment Bank of Turkey (TKYB) and German Development Bank (KfW) was published in the Official Gazette dated 04.07.2023 and numbered 32238...
Inheritance contracts are contracts involving a testamentary disposition concluded by the legator, with her inheritor or a third party. A testamentary disposition is a legal transaction that includes the orders of the legator that she wishes to be carried out after her death. Testamentary disposition term is used in two...
The Resolution of the President dated 06.06.2023 and numbered 7302 on the Ratification of the Economic and Financial Cooperation Agreement between the Republic of Türkiye and the Turkish Republic of Northern Cyprus for 2023 was published in the Official Gazette dated 07.06.2023 and numbered 32214...
This study examines the decision ("Decision") of the Turkish Constitutional Court ("CC") dated 22.02.2023, published in the Official Gazette on April 28, 2023, which abolished the first sentence of Article 187 of the Turkish Civil Code numbered 4721 ("TCC"), which obliges a woman to take her husband's surname upon...
The Resolution on the Approval of the Annexed Amendment Letter Regarding the Separate Agreement on the Financing Agreement between the Ministry of National Education of the Republic of Turkey and the German Development Bank (KfW) on the Clean Energy and Energy Efficiency Measures Project...
The Resolution of the President dated 01.04.2023 and numbered 7025 on the Approval of the Protocol on the Accession of the Republic of Finland to the North Atlantic Treaty was published in the Official Gazette dated 02.04.2023 and numbered 32151...
The Resolution of the President dated 08.03.2023 and numbered 6913 on the Ratification of the Agreement between the Republic of Turkey and the European Union on the Participation of the Republic of Turkey in the Union Program on Cooperation in the Customs Area, ‘Customs’, effective from 1 January 2021...
The Resolution of the President dated 25.01.2023 and numbered 6728 on the Application of the Exemption in the Fourth Paragraph of the Provisional Article 14 of the Corporate Tax Law No. 5520 to the Foreign Currencies in the Balance Sheets of the Corporations as of 31.12.2022 was published in the Official...
The Resolution on the Approval of the Protocol between the Government of the Republic of Turkey and the Government of the Turkish Republic of Northern Cyprus on the Deployment of Energy Transmission Lines of Geçitkale Airport (Resolution No: 6647) entered into force through publication in the...
The Resolution of the President dated 23.11.2022 and numbered 6416 on the Approval of the Economic and Financial Cooperation Agreement - Additional Agreement - signed between the Government of the Republic of Turkey and the Government of the Turkish Republic of Northern Cyprus on...
The Resolution of the President dated 19.10.2022 and numbered 6238 on the Approval of the Memorandum of Understanding Between the Government of the Republic of Turkiye and the Government of the Federal Republic of Nigeria on Cooperation in the Field of Energy was published in the Official Gazette...
The Resolution of the President dated 26.09.2022 and numbered 6090 on the Approval of the Annexed Amendment Protocol signed by the Exchange of Letters dated 12.08.2022 and 31.08.2022 between the Government of the Republic of Turkey and the European Commission on the Amendment to...
The Resolution of the President dated 15.09.2022 and numbered 6080 on the Approval of the Memorandum of Understanding About Implementation of the Multilateral Tax Program Between the Government of the Republic of Turkey and the Organization for Economic Cooperation and Development at...
Since social media has turned into a modern mass communication tool, the concepts of advertising and marketing have been brought to a new dimension. Influencers, who promote various products and services by "influencing" their audience through social media, are driving the next generation of...
The Resolution of the President dated 20.07.2022 and numbered 5801 on the Determination of the Default Interest Rate under the First Paragraph of Article 51 of the Law numbered 6183 on the Collection Procedure of Public Receivables as 2.5% to be Applied Separately for Each Month, was published...
Decision dated 27.06.2022 and numbered 5751 on the Ratification of the Fund Grant Agreement signed between Republic of Turkey Ministry of Labor and Social Security and International Bank for Reconstruction and Development, on 05.05.2022...
The Resolution of the President dated 23.05.2022 and numbered 5596 on the Ratification of the Economic and Financial Cooperation Agreement between the Government of the Republic of Turkey and the Government of the Turkish Republic of Northern Cyprus was published in the Official Gazette dated...
The Resolution of the President dated 23.04.2022 and numbered 5520 on the Approval of the Agreement between the Government of the Republic of Turkey and the Government of the Republic of Cote D’Ivoire Concerning the Reciprocal Promotion and Protection of Investments...
In a decision dated 29.09.2021 with application number 2018/357 (“Decision”), the Constitutional Court decided by a large majority that the applicant's right to property was violated due to the fact that the immovables expropriated for the purpose of mass housing construction...
Pursuant to Art. 101 of the Turkish Civil Code (“CC”) No. 4721, foundations are an ensemble of assets that have legal personality, which comprises of sufficient assets and rights that are allocated by real and legal persons for a determined and perpetual objective. Foundations are legal persons that have “ideal...