The Notification Related to Products On Which Custom Duties Are Suspending and Which Would Have Tariff Quotas By the European Union Was Published On 6th.of June and in the no. 27603 of Official Journal, the Notice regarding to Goods On Which Custom Duties Are Suspending and Which Would Have Tariff Quotas was published. In that...

1. INTRODUCTION The procedure of proceedings regarding the enforcement and bankruptcy is regulated in the 21st and 57th article of the Enforcement and Bankruptcy Law (Icra ve Iflas Kanunu- hereafter will be referred to as IIK). Both articles refer to the Notification Law no. 7021 and the guideline of that law. Since, these law and...

The Notice regarding the Principles of Registration of Shares to the Board and Sale of Shares was published in the Official Gazette dated 3rd April and numbered 27541. This present notice regulates registration of incorporated companies’ shares which are deemed as being offered to public because their share holders number exceed 250, and registration of...

The General Notification on the Taw Procedure Law has been published in the Official Gazette numbered 27512 and dated 5th March 2010. On base of the authorization given to the Ministry of Fiscal by the Taw Procedure Law, according to the notice it is necessary to clarify issuing an electronic invoice, transmitting it in an...

With article 8th of the present act, article 12 of Act regarding Foreigners’ Work Permit have been changed as follows “Foreigners who reside abroad may apply to Turkish Embassies in the country where they live in for the work permit. The Embassy forwards applications to the Ministry. The Ministry evaluate applications by taking opinions of...

The Regulation on Changing the Regulation which is About the Practise of the Law about Foreigners Work Permits was published in the 21 January 2010 dated 27469 numbered Official Gazette and it has come into effect. According to the regulation “The applications made in the frame of the law maybe be made by using paper...

In the 19 December 2009 dated and numbered 27437 Official Gazette, the announcement about “Making a Change on the Announcement about International Bank Account Numbers” was published. According to this announcement, for money transfers made to accounts in countries which are present in the European Economic Area it has become mandatory that the claimers IBAN...

At the date of 14.11.2009 in the 27406 Official Gazette the General Notice of Tax Procedure Law was published (Series no 392). According to the published notice in the Tax Procedure Law’s 298th articles paragraph (B) “re-estimation ratio is the approximate price increase ratio which occurs in the Turkish Statistical Institute’s Producer Prices General Index...

According to the announcement, for cases and procedures seen by the 4th Tax Court; if it is without a hearing 500, 00 TL; if there is a hearing then 750, 00 shall be paid to the attorney. This announcement has become effective from the day which it was announced in the Official Gazette which was...

Published in the 27352 numbered Official Gazette at the date of 17 September 2009 the 2009/6 numbered ‘‘Declaration about making changes on the Declaration Concerning the Maximum Interest Rates which will be applied to credit card procedures’’ will become valid starting from the date of 1.10.2009. With the mentioned declaration, changes have been made to...