Recent Legislative Amendments and Case-Law Developments in Turkey

Ally Law’s Istanbul member firm prepares a quarterly report to provide updates on recent developments in legislation and case law in Turkey.

Istanbul Turkey Legal District

In its most recent, second-quarter update for 2022, the firm offered insights into the following:

  • An increase in the minimum wage
  • New rules for commercial cash loans
  • Corporate tax exemptions for income gained through foreign exchange-protected Turkish lira deposit accounts
  • Amendments to aviation law, including changes affecting ground handling organizations and cabotage rules
  • Temporary limits on rental fee increases for housing
  • New authorization for notaries to conclude real estate sales contracts
  • New methods for acquiring Turkish citizenship
  • Publication of guidelines on handling of data “cookies” and warnings for data controllers that have not yet enrolled in the Data Controllers’ Registry
  • A newly launched investigation into the company Trendyol by the Turkish Competition Board
  • An update to the timeframe in which to initiate administrative lawsuits

Click here to read and download a copy of the full update by Selim Dündar of Ally Law member firm Dündar Sır Law Firm.