CREDIT DEBTS OF TRADESPEOPLE WILL BE POSTPONED Debts of tradespeople and craftspeople, whose businesses have suffered due to the COVID-19, stemming from low interest loans secured from Halkbank through the Central Union of Associations of Credit and Guarantee Cooperatives for Craftsmen and Artisans of Turkey (TESKOMB) will be postponed, according to a Presidential Decree published...
Category: Official Gazette
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Regulations to watch: Feb. 1-7
THE NUMBER OF INVESTMENT INCENTIVE CERTIFICATES REACHED 1181 IN DECEMBER The investment incentive certificate list of the Ministry of Industry and Technology for the December 2020 period has been published in the Official Gazette. A total of TRY 28.1bn fixed investment will be made with the certified projects. The investments are expected to employ 29,361...
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Regulations to watch: Jan. 25-31
ADVERTISING BAN ON PINTEREST, TWITTER AND PERISCOPE Turkish companies were banned from advertising on social media companies Pinterest, Twitter and social networks Periscope/ Scob. Transportation and Infrastructure Deputy Minister •mer Fatih Sayan said that foreign-sourced social media companies which have not appointed an official delegation will not be allowed to sell advertising to Turkish companies....
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Regulations to watch: Jan. 18-24
EMBASSY AND CONSULATE BUILDINGS WILL BE EXEMPT FROM HOUSING TAX The Valuable Housing Tax Application communiqué of the Ministry of Treasury and Finance Revenue Administration entered into force with an announcement in the Official Gazette. No tax, however, will be collected from residential real estate valued below TRY 5m. According to the communiqué, the concept...
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Regulations to watch: Jan. 11-17
TREASURY-OWNED SITE IN SINOP TO BE RESERVED FOR SHIPYARD The Ministry of Transportation and Infrastructure will allocate a 57,855 square meters treasury-owned immovables in Gerze, Sinop for shipyard and boatyard purposes. The investor will only be able to establish a facility specified in the announcement and suitable for the purpose of the allocation, according to...
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Regulations to watch: Jan. 4-10
E-SCOOTER AND BICYCLE USAGE REGULATED ✓ The bicycle lane has been redefined by the law as “open to the use of e-scooters and closed to vehicles and pedestrians.” ✓ The General Directorate of Highways will be responsible for building bicycle lanes and noise barriers on the sides of highways. ✓ Minimum age in order to...