PAY MOBILE (TPAY) on its acquisition of 100-percent of the shares of leading Turkish FinTech company Trend Ödeme Kuruluşu A.Ş., known in the market as Payguru.
Inside Turkey blog
Legal developments around Turkey
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Webinar Recording: The United States and Turkey - Behind the Headlines
Norton Rose Fulbright hosted a special webinar session focusing on US-Turkey relations now and in the aftermath of the COVID-19 crisis.
Turkey: COVID-19 crisis inspires global tightening of foreign investment screening
Turkey has adopted many measures to respond to the Covid-19 outbreak, but there is no measure directly affecting or targeting foreign direct investments or FDI.
New Law to Reduce the Effects and Impacts of COVID-19 on Employment
On April 17, 2020, parliament promulgated an omnibus law, which will impact, among others, the employment dynamics in Turkey.
Recent COVID-19 Measures Affecting the Turkish Commercial Real Estate Market
Recent COVID-19 measures adopted in Turkey in relation to the commercial real estate market.
COVID-19 and Turkish measures in relation to dispute resolution
The COVID-19 outbreak has had an impact on dispute resolution and enforcement proceedings, before courts, arbitration centers and enforcement/bankruptcy offices around the world.
Notable developments: Communiqué on the implementation of digital services tax entered into force
The Communiqué provides detailed explanations regarding the implementation of the digital services tax, notably in relation to the taxpayer, declarations, payments, deductions and tax security.
Requirements in Turkey of keeping the workplace safe during the COVID-19 pandemic
According to the Turkish Code of Obligations, Labor Law and Occupational Health and Safety Law (the “Laws”), employers are obliged to take all possible measures to ensure workplace health and safety.
COVID-19 and force majeure under Turkish law
Businesses are now beginning to consider if invoking force majeure clauses can limit their contractual liability in the face of performance setbacks encountered due to the COVID-19 outbreak.
Turkey launches stimulus package amid COVID-19 threat
Turkey’s “Economic Stability Shield Package”, pursuant to which TL 100 billion will be deployed to help provide business continuity and take some of the financial burden off business owner’s shoulders.