May the new year inspire hope, bring health, and fill our lives with happiness and success. Wishing you a joyful and prosperous New Year!
The Communiqué on Determination of Interest Rates to be Applied in Rediscount and Advance Transactions was published in the Official Gazette dated 28.12.2024. According to this communiqué; The discount interest rate to be applied for rediscount transactions to be made against deeds with 3 months to maturity date maximum is 47.25 percent per annum. The interest rate to be applied for advance transactions is 49.25 percent per annum. These rates…
As per the Communique published in the Official Gazette dated 20.12.2024 As per the Communique published in the Official Gazette dated 20.12.2024, amendments were made to the monetary limits specified in Article 68 of the Law on Consumer Protection and Article 6 of the Consumer Arbitration Committees Regulation. Pursuant to aforementioned Communique; For applications to be made in 2025, Provincial or District Consumer Arbitration Committees will have jurisdiction over disputes…
As per the Official Gazette dated 12/5/2010 and numbered 27579 As per the Official Gazette dated 12/5/2010 and numbered 27579, Subparagraph (a) of the seventh paragraph of Article 97 of the “Social Insurance Transactions Regulation” has been changed as below; “In cases where meals are not provided in the workplace or in outbuilding of the workplace, if the benefits provided to the insured in the form of meals are given…
Communiqué (Communiqué No: 2024/2) amending the Communiqué numbered 2017/4 on Payments to be made by Joint Stock and Limited Liability Companies Pursuant to Law No: 4054 was published in the Official Gazette dated 01/10/2024 and numbered 32679. Pursuant to the aforementioned Communiqué; The share of four per ten thousand to be paid to the Competition Authority in the establishment or capital increases of joint stock and limited liability companies shall…
As per the Presidential Decree dated 20.05.2024 and numbered 8485K “ As per the Presidential Decree dated 20.05.2024 and numbered 8485K., which has been published in the Official Gazette dated 21.05.2024, it has been decided: To apply the “legal interest” rate regulated in Article 1 of the Law No. 3095 on Legal Interest and Default Interest as 24% PER YEAR, The decision will be effective as of…
The Constitutional Court decision dated 22.02.2024 and numbered 2023/34 E. 2024/60 K. is published in the Official Gazette dated today. As per the aforementioned Constitutional Court decision; The phrase “announced” of the provision ‘The change of name is registered and announced in the civil registry where the name is changed.’ of Paragraph 2 of Article 27 of Turkish Civil Code is unconstitutional and ANNULLED. The phrase “and”…
