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Legislation - CottGroup Holistic Business Services

03November2021

China Personal Information Protection Law Has Entered into Force on November 1, 2021

The long-awaited China Personal Information Protection Law (hereinafter referred to as "Law") was passed by the Standing Committee of the National People’s Congress of the People’s Republic of China on August 20, 2021, to enter into force on November 1, 2021. The law mainly regulates how personal data will be collected, used, processed, shared, and transferred abroad by companies operating in the People’s Republic of China (hereinafter referred to as "China"). The Law, which determines the legal framework in these areas, complements the local data protection regime previously established by the China Cybersecurity Law (hereinafter referred to as "CSL") and national regulations. When the current legal structure of China is examined, it is seen that the legal and technical measures regarding the protection of personal data and data security are implemented through various laws, secondary regulations, and guidelines containing compliance standards. Herein, the Law possesses the title of the first comprehensive and national level regulation regarding personal data. It is crucial as it contains various legally binding compliance standards rather than the guidelines and secondary regulations.

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

25October2021

Amendments on SSI Employer Processes

Social Security Institution has published a new Circular numbered 2021/36 on 21.10.2021 and made some amendments on the Circular numbered 2020/20 regarding two subjects: 1.1 - The documents required on the workplace registration declaration processes to be made by the employers and 1.2 - The processes to be done by the SSI unit after the workplace declaration submission.

Per the new Circular, the required documents for the workplace declarations can be submitted in hand, via postal, or through the online portal.

Also, the required document for the workplace registration amendments can be submitted via an online electronic portal.

Author Erdoğdu Onur Erol, Category Social Security Law and Legislation

22October2021

Amendment to the Regulation on Associations

Regulation Amending the Regulation on Associations ("Regulation") is published in the Official Gazette numbered 31635 and dated 21.10.2021.

With the Regulation, it is possible to hold the general assembly and board of directors’ meetings of associations electronically, and some critical changes are made about risk analysis and auditing of associations.

Author CottGroup Hukuk ve Mevzuat Ekibi, Category Turkish Commercial Code

18October2021

Amendments on R&D and Technology Region Incentives

In Official Gazette numbered 31631 and dated 17.10.2021, an important Presidential Decision has been published with regards to the employees working remotely under the scope of technology development and R&D regions.

With that decision, the income tax incentive time rate of 20% that is applied for the time performed outside of R&D and technology development regions will be applied as 50% until 31.12.2022 for the R&D and technology development employees.

Author Erdoğdu Onur Erol, Category Taxation Law

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