16January2024

Amendments to the Regarding KOSGEB Support Programmes Published

This Regulation covers the principles regarding the support programmes established by KOSGEB for enterprises and entrepreneurs, technology centres, consultancy centres, institutes and stakeholder organisations operating to ensure the development of enterprises and entrepreneurs.

The KOSGEB Support Programs Regulation ("Regulation") published in the Official Gazette dated January 13, 2024 and numbered 32428 has repealed the KOSGEB Support Programs Regulation ("Repealed Regulation") (In Turkish) published in the Official Gazette dated June 15, 2010 and numbered 27612.

Thus, pursuant to paragraph 2 of Article 11 of the newly published regulation, it is regulated that if a reference is made to the KOSGEB Support Programs Regulation in any legislation, it will be deemed to have been made to this regulation.

The relevant Regulation will enter into force on the date of publication and you can access the relevant regulation here. (In Turkish)

Should you have any queries or need further details, please contact your customer representative.

Author Gökşen Bakay, Taylan Ege Günel, Category Turkish Commercial Code

Notification!

Contents provided in this article serve to informative purpose only. The article is confidential and property of CottGroup^® and all of its affiliated legal entities. Quoting any of the contents without credit being given to the source is strictly prohibited. Regardless of having all the precautions and importance put in the preparation of this article, CottGroup^® and its member companies cannot be held liable of the application or interpretation of the information provided. It is strictly advised to consult a professional for the application of the above-mentioned subject.

For each concrete situation, it is strongly advised to seek guidance from a professional advisor. If you are a customer of ours, please consult with your customer representative before taking any action related to the announcement. If you are not a customer, seek advice from an expert.