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05September2019

Deadline for VERBIS Registration Obligation Has Been Extended

According to the numbered 2019/265 decision of the Personal Data Protection Board (KVKK) dated 03/09/2019, obligation to register at Data Controllers' Registry Information System ("VERBIS") has been extended until 31.12.2019.

Author Selim Tankut Akdağ, Category Personal Data Protection Law

04September2019

Workers on Sick Leave Will Not Be Able to Receive Incapacity Allowance After Their Insurance Ends

Pension Services General Directorate of Social Security Institution Presidency has made certain statements regarding short term insurance branch applications due to lack of application unity mentioned in the general letter dated 31.07.2019 and numbered 96597630-010.07.01-E.11144299.

Author Selma Kıy, Category Social Security Law and Legislation

04September2019

A New Era in Retirement With Abroad Borrowing

The Omnibus Bill numbered 7186, published in the Official Gazette numbered 30836 on 19.07.2019, has increased borrowing premium rates and aggravated retirement of the Turkish nationals abroad through abroad borrowing by changing the insurance coverage status of borrowed period with the recent amendments in “the Law on Evaluating Duration Abroad of Turkish Nationals Residing Abroad numbered 3201”.

Author Selma Kıy, Category Social Security Law and Legislation

02September2019

Duration of the Obligation Regarding Bringing Exportation Costs Back to Türkiye Within 180 Days and Exchanging %80 of Them Has Been Extended to 04.03.2020

The obligation to bring exportation costs back to Türkiye within 180 days and to exchange %80 of them in the bank has come into effect as of 04.09.2018 for six months with the Communique on the Decision numbered as 32 regarding the Protection of the Value of Turkish Currency (Regarding Exportation Costs). With the Communique dated 03.03.2019 and numbered 2019-32/53, which was published in the Official Gazette numbered as 30703; the duration had been extended to 04.09.2019.

Author Selma Kıy, Category Taxation Law

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