201606.14
0

Structural changes on the unlicensed renewable electricity generation in Turkey

The new regulations for amending the Regulation on Unlicensed Electricity Generation in the Electricity Market (“Amendment Regulation”) and the Communiqué Amending the Communiqué on Unlicensed Electricity Generation in Electricity Market (“Amendment Communiqué”) were published in the Official Gazette on 23 March 2016 which entered into force on the same date. The amendment has structurally changed…

201604.15
0

Real Estate Investment in Turkey

Turkish law allows all foreign real persons to purchase real estate in Turkey. Previously, foreign real persons could only purchase real estate in Turkey if their own country allowed Turkish citizens to purchase real estate there. While each property has its own specific considerations and requirements which may affect the procedures for acquisition, this article…

201508.16
0

Looking at Anti-Bribery Legislation in Turkey and Beyond

Corruption is a widespread phenomenon in international business transactions all over the World. In accordance with corruption perception index 2014 results, published by Transparency International, Turkey is ranked 64 among 175 countries as most corrupted countries. The index also revealed that Turkey’s score of tackling corruption in 2014 were decreased from 50% to 45 %…