CORPORATE TAX LAW 102 – Tax ID, Cycles, Submission of Declarations & Invoicing in Turkey

A. Overview As summarized in our previous article (Corporate Tax 101), Turkey has a rather complex tax system with regulated by numerous laws and secondary regulations, especially when it comes to corporate tax. As noted above, there are different tax cycles and different durations for submissions of tax declarations, depending on the tax type. In …

CORPORATE TAX LAW 101 – BEGINNER’s GUIDE FOR FOREIGN INVESTORS

A. Overview Turkey has a complex tax system implemented with numerous separate laws, regulations, communiques and subsequent amendments. Accordingly, the main legal texts regulating the Turkish Tax System are the Tax Procedure Law No. 213 dated January 4, 1961 (Tax Procedure Law), Corporate Tax Law No. 5520 dated June 13, 2006 (Corporate Tax Law), Value …

8 Principles for Lawful Personal Data Processing in Turkey

Av. Ali Yurtsever L.L.M Personal Data Processing & LPDP The legal landscape surrounding digital data has been steadily changing and evolving over the years. The overall pace of this change increased with Europe’s implementation of the GDPR, which pushed other countries to adapt to this new set of rules and regulations. To keep up with the …

Personal Data Protection in Turkey

Av. Ali Yurtsever L.L.M The Law on Personal Data Protection With the implementation of the Law on Personal Data Protection No. 6698 (‘the LPDP’), new rules and obligations were imposed on data controllers and data processors. The LPDP further stipulated serious monetary fines and prison sentences to those who violate these obligations. Unfortunately, most data controllers/processors …

Early Dismissal of Foreign Academics In Turkish Universities

Av. Ali Yurtsever L.L.M I. Legal Standing of Foreign Academics in Turkey The legal standing of academic personel (and foreign academics) employed in universities have been the subject of long-standing debates, mainly due to the conflicting decisions and precedents issued by the higher courts (Court of Appeals and the Council of State). The main issue with this …

Distributorship Agreements Under Turkish Law

I. Legal Standing of Distributorship Agreements Distributorship agreements do not have a clear definition under Turkish law and are therefore a complex and unique type of agreement. They can be generally defined as agreements allowing for the distribution of produced goods to customers and end users, where the manufacturer of a specific good agrees with a …

INTELLECTUAL PROPERTY (IP) STRATEGY FOR START-UPS

Importance of Intellectual Property for Startups For entrepreneurs, registering an IP can be financially challenging and legally complicated, especially during the initial incorporation stage. Considering the value and importance of intellectual assets, it is vital for every startup to have an IP strategy to ensure that these assets are well protected. This may also have …

Appeals Against Administrative Fines

How to Appeal Against Administrative Fines Imposed by the Turkish Data Protection Authority Av. Ali Yurtsever L.L.M With the implementation of the Law on the Protection of Personal Data No. 6698 (LPPD) and its secondary regulations, the Data Protection Authority (DPA), tasked with monitoring violations of LPPD obligations, have started to impose administrative fines to persons and/or companies violating their obligations set …

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