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Turkish Commercial Code

 
07August2025

The Regulation Amending the Regulation on Small and Medium-Sized Enterprises Has Been Published

As published in the Official Gazette dated 07 August 2025 and numbered 32979, the Regulation Amending the Regulation on Small and Medium-Sized Enterprises ("Regulation") has been enacted pursuant to Presidential Decision No. 10182.

With the enactment of this Regulation, the monetary threshold regarding the annual net sales revenue or financial balance sheet total of small and medium-sized enterprise ("SME") has been increased, thereby modifying the definition of SME. In particular according to Regulation:

Author Taylan Ege Günel, Category Turkish Commercial Code

31October2024

Law No. 7529 on Amendments to Law on Consumer Protection and Various Laws Published

The Law No. 7529 on Amendments to Law On Consumer Protection and Various Laws ("Act") was published in the Official Gazette No. 32707 on October 30, 2024.

In line with this Act, the phrase "or distance" was added after the term "written" in the relevant articles of the Law No. 6502 on Consumer Protection ("Consumer Protection Law"). This change aims to ensure comprehensive consumer protection in both written and distance contracts.

Author Taylan Ege Günel, Category Turkish Commercial Code

07August2024

Türkiye International Direct Investment Strategy Published

The document titled "Türkiye International Direct Investment Strategy 2024-2028" has been meticulously prepared as a roadmap to ensure sustainable economic development in Türkiye and to promote international investments. The aim is to enhance both the quality and quantity of international direct investments (FDI) in the country. In summary, the document includes the following key points:

Author Ümit Kır, Category Turkish Commercial Code

30May2024

Law No. 7511 on the Amendment of the Turkish Commercial Code and Other Certain Codes Has Been Published

Law No. 7511 on the Amendment of the Turkish Commercial Code and Certain Other Laws ("Law No. 7511") was published in the Official Gazette No. 32560 on May 23, 2024.

While this Law No. 7511 primarily aims to amend the Turkish Commercial Code numbered 6102 ("Turkish Commercial Code"), it also includes changes to various other laws such as the Law on the Protection of Competition, the Law on the Protection of Consumers, the Law on the Union of Chambers and Commodity Exchanges of Turkey, the Law on Cooperatives, and the Law on the Regulation of Retail Trade.

Author Taylan Ege Günel, Category Turkish Commercial Code

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