Pursuant to the Communiqué of the Central Bank of the Republic of Türkiye (“Communiqué”) which has published with the Official Gazette dated 17 September 2025 and numbered 33020, the interest rate applied at 43.25% for rediscount transactions to be made against notes with a maturity of up to 3 months(...)

Pursuant to the President’s Decision No. 10363 that has amended the list numbered 2 annexed to the Special Consumption Tax Law which has been published with the Official Gazette dated 6 September 2025 and numbered 33009, the rate of special consumption tax applied to seaworthy tour boats which do not(...)

Pursuant to the Communiqué No. 2025/20 of the Central Bank of the Republic of Türkiye (TCMB) which has been published with the Official Gazette dated 23 August 2025 and numbered 32995, procedures for opening and renewal of the accounts within the scope of the Communiqué has been terminated effective from(...)

Pursuant to the Article 14/Paragraph 13 of the Labor Law No. 1475, the annual amount of severance pay to be paid to employees subject to Labor Law shall not exceed the maximum retirement bonus to be paid to the highest civil servant for one year of service. In accordance, pursuant(...)

Pursuant to the Presidential Decree no. 8485 which has been published with the Official Gazette dated 21 May 2024 and numbered 32552, the legal interest rate applied as 9% before the publication of this Decree which is regulated under the Article 1 of the Law No. 3095 on Legal Interest(...)

Pursuant to the Communiqué of the Central Bank of the Republic of Türkiye (“Communiqué”) which has published with the Official Gazette dated 2 January 2024 and numbered 32417, in cases where the default interest rate for late payments made to the creditor in the supply of goods and services in(...)