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13June2022

Law on Amendment on Turkish Code of Obligations Has Been Published

The amendment made to the Law on Amendment the Turkish Code of Obligation ("Law") (In Turkish) is as follows:

"In terms of house rents, agreements regarding the rental price to be applied in renewed rental periods between the date of entry into force of this article and July 1, 2023 (including this date) are valid, provided that it does not exceed twenty-five percent of the rental price of the previous rental year. If the rate of change in the consumer price index of the previous rental year is below twenty-five percent compared to the twelve-month averages, the rate of change is valid. This rule also applies to lease agreements for more than one year. Agreements made to exceed these rates are invalid in terms of excess amount. The provision of this paragraph is also applied for the decisions to be made by the judge in accordance with the second paragraph of Article 344." The regulation entered into force as of June 11, 2022.

Author CottGroup Hukuk ve Mevzuat Ekibi, Category Code of Obligations

08June2022

Regulation on Processing of Land Registry and Cadaster Data Has Been Published

Regulation on Processing of Land Registry and Cadaster Data and Transactions to be Made in Electronic Media ("Regulation") has been published in the Official Gazette No.31860 and dated June 8,2022 by the Republic of Türkiye Ministry of Environment, Urbanization and Climate Change. The Regulation determines the principles and procedures regarding the online processing of the data in the central database of General Directorate of Land Registry and Cadaster and the transactions to be made in the electronic media. Land Registry and Cadaster System ("TAKPAS") means a service that allows the data kept in the central database to be shared with institutions and individuals, a system consisting of Web Land Registry or other interfaces determined by the General Directorate; "Recipient" means the person or institutions benefiting from TAKPAS; "General Directorate" means General Directorate of Land Registry and Cadaster, "Protocol" means the access protocol to TAKPAS prepared in accordance Turkish Personal Data Protection Law dated March 24, 2016 and numbered 6698 and signed with institutions requesting land registry and cadaster data, professional organizations in the nature of public institutions limited to their own business, legal entities operating in real estate-related matters.

Author CottGroup Hukuk ve Mevzuat Ekibi, Category Personal Data Protection Law

08June2022

Regulation on Security Investigation and Archive Research Has Been Published

Regulation on Security Investigation and Archive Research ("Regulation") (In Turkish) has been prepared based on Article 12 of the Security Investigation and Archive Research Law.

What are the confidential units and parts?

Confidential units and parts are units and parts of public institutions and organizations that create and store the "top secret" and "confidential" information and documents in accordance with the provisions of the Regulation on the Procedures and Principles to be Applied in Confidential Documents (In Turkish). Public institutions and organizations determine the confidential units and parts accordingly. However, of all public institutions and organizations; inspection and control units, personnel units, data processing units and private secretariat are considered as confidential units.

Author CottGroup Hukuk ve Mevzuat Ekibi, Category Personal Data Protection Law

02June2022

Declaration Obligation to Internet Advertisements Has Been Introduced with a New Communiqué

A declaration obligation has come into force with the General Communiqué No: 538 on Tax Procedure Law (In Turkish) for the internet advertisements.

With that Communique, the transactions would need to be declared within one month for the purchase, sale or rental of movable and immovable properties and goods and services by the intermediary service providers, social network providers and hosting providers, who mediate the publication of advertisements.

The below items would need to be declared to the Revenue Administration via the portal announced by the Ministry:

  • Internet address or addresses where the service is provided,
  • The amount and date of each transaction regarding the sales/rentals of movable, immovable, goods and services performed on behalf of the service providers, and the bank account information regarding the payments,
  • Name, surname/title, citizenship number information and workplace address information of individuals or companies.

Author Selma Kıy, Category Taxation Law

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