Article 19/B titled “Implementation and Termination of the Managing Director Agreement” of the Regulation has been abolished. According to this amendment “mutual agreement” clause which is one of the termination terms of the agreement has been abolished. Article 8 titled “Recertification” of the Regulation has been revised.
“The Labor Law” that regulates the competence, authority proceeding of labor courts and has brought the mediation application has published on the official gazette on 25.10.2017. Then labor courts can dismiss the cases which are filed without applying to the mediator.
The company that intends to receive license shall be a legal entity established as a joint stock or limited liability company. In case it is established as joint stock company, all of its shares, excluding the ones subject to stock exchange, shall be registered under related names. Such company shall receive one license for each activity and facility.
In accordance with the “Regulation on the Amendment of the Regulation on the Annual Paid Leave” published in the Official Gazette dated 18.08.2017 numbered 30158, a number of amendments were made in the Annual Paid Leave Regulation.
By the business life very nature, employers expect from their employees to improve their performance and efficiency consistently. However, employees’ performances could be decreased by the reason that is not based upon the employee.
In recent years in Turkey, the preferred collateral for the financing of immovable investments in banking applications is the immovable pledge, in other words, “mortgage”. The mortgage guarantee is to show the same house as collateral to the bank so that the consumer can create a loan guarantee for the house he/she wants to buy.
A postponement of 3 years from 2017 to 2020 for procurement of occupational safety specialist services and workplace physician services in establishments with less than 50 employees operating in low-risk class and public institutions.
Although there is no debtor change in the type change, under certain circumstances it is possible that the rights of the creditors are adversely affected in spite of the type change. For this reason, as in the case of merger and division, Article 158 of the TCC has to be applied.
The new dated communiqué issued in accordance with the decision of the Council of Ministers is the Declaration on the Support of Fair Participations to be held Abroad. The Ministry is empowered for removing, updating, applying the procedures and principles, withdrawing the support given or completely withdrawing it and making all factual and formal changes.
The real estate sector in Turkey has gained tremendous value over the last fifteen years and offers attractive opportunities for foreign investors. Many investors from Europe and America, especially from the Middle East countries, have turned these possibilities into opportunity.
AGAOGLU MASLAK1453
Maslak Mah. Tas Yoncası Sok.
C7 Blok D:45 Kat:8
Sariyer Istanbul – Turkey
+90 212 274 99 53 / 54
info@barlaslaw.com
