The Ministry of Custom and Trade has designated the procedures and principles of the websites which the Stock Companies have to open. “The Directive in regard to the Stock Corporation’s Essential Websites” (hereafter it will be referred to as the Directive) published in the Official Gazette on 31 May 2013. The Directive has been regulated...

The Turkish Code of Obligation ( Turk Borclar Kanunu- hereafter it will be referred to as TBK ) the Article 473 states that, according to all estimates, if it has been clearly understood that the contractor will have not done the work on time because of the contractor has not set work on time or...

In regard to the International Conservation Law and Foreigners, Law no. 6458 which has entered into force on 4th April 2013; one year residence permit will be given to the foreigners who have a real estate in Turkey. The residence permits were given for three months before the new regulation. The change has been made...

In order to sale confiscated properties, in other words, in order to convert those into actual money, the creditor or the debtor need to claim sale (1). There is not any official form regulated to claim the sale demand however, it needs to be claimed to the execution office which decided for the confiscation (2)....

THE CONSENT OF THE SPOUSE WILL NOT BE NEEDED IN REGARD TO THE GUARANTEE AGREEMENT According to article 584 of the Turkish Code of Obligation, Law no. 6098 and dated 4th February 2011; if one of the spouse would like to be a guarantee, he/she has to have other spouses’ consent (at the time of...

In regard to the “tenancy agreements” there are some changes made by the new Turkish Code of Obligations Law no. 6098. These changes are understood by the public opinion that they are only made in favor of the tenant; however, there are some changes in favor of the landlord too. The one of the important...

According to article 18 and 1525 of the Turkish Commercial Code dated 13 January 2011 and Law no.6102 (Law no.6102); registered electronic mail services and electronic signature’s procedures and principles will be regulated by the Information and Communication Technologies Authority. Within this scope, Electronic Written Notice Directive which is issued by the Ministry of Justice...

The Code of Occupational Health and Safety Law No.6331 (hereafter it will be referred to as Law no 6331) has entered into force by publishing in the Official Gazette on 30 June 2012. The Law no.6331’s aims are; (i) interfere occupational accidents and occupational illnesses before they happen (ii) locate and remove risks while work...

Article 64/3 of the Code of Commerce Act No 6102 (Turk Ticaret Kanunu- it will be referred to as TTK) states that the procedure and principles of opening and closing approvals of commercial books kept electronically or physically in accordance with the Turkey Accounting Standards and the procedure to keep these records shall be regulated...

In accordance with the 2nd article of the Law on Transformation of Areas Under the Risk of Catastrophe numbered 6306, risky areas are stated as “the areas decided by the Council of Ministers upon a request from the Ministry and opinion of the Disaster and Emergency Management Presidency by the Ministry of Environment and Urban...