TOO MUCH REGULATION OR BARELY ENOUGH?A NEW ERA FOR THE SHIPPING AGENCIES IN TURKIYE:

The amendments to the Regulation on Shipping Agencies introduce a new framework governing the operations and working principles of shipping agencies in Türkiye

A NEW ERA IN SHIP RECYCLING: THE REGULATION ON THE AUTHORIZATION OF FACILITIES HAS ENTERED INTO FORCE:

The Regulation on the Authorization of Ship Recycling Facilities represents the most concrete step aimed at integrating the Hong Kong Convention and European Union ship recycling regulations into Turkish law and for the preservation of Türkiye’s pioneering position in the global ship recycling market.

Tax Amnesty Package Passed by the Turkish Government:

The Domino Effect of the Strait of Hormuz – Legal Considerations for Global Trade and Energy Security:

Following recent escalations between the United States of America, the State of Israel, and the Islamic Republic of Iran, the strategic importance of the Strait of Hormuz has returned to the forefront of global economic concern.

EXPANSION OF THE MINISTRY OF TRADE’S AUTHORITY ON COMMERCIAL BOOKS:

A new regulation has entered into force, introducing an important modification to the regime governing the closing certification of statutory books.

MARINE POLLUTION FINES REVISED FOR 2026:

KEY LEGAL CONSIDERATIONS FOR COMPANIES ENTERING INTO 2026:

As we approach the end of 2025, joint stock companies and limited liability companies are required to complete certain critical actions in order to safeguard their legal standing and ensure compliance with newly enacted regulations. We set out below an overview of the key legal considerations that companies should consider as of year-end.

Increased Administrative Fines under the Turkish Commercial Code for 2026:

New Steps Taken to Combat Unfair Competition in Imports :

Two new communiqués published in the Official Gazette on December 17, 2025, introduce significant steps to prevent unfair competition in imports. These developments concern the finalization of anti-dumping duties on acrylic fiber imports from China and the initiation of a new anti-dumping investigation regarding siccative imports from Egypt.

THE GOVERNMENT INTRODUCES PUBLIC FUNDING SUPPORT FOR VENTURE CAPITAL FUNDS :

The Ministry of Industry and Technology has introduced the “Regulation on Participation in Venture Capital Funds and Venture Capital Practices,” which entered into force on 28 November 2025 and establishes a structured framework for providing public funding to venture capital funds focusing on technology, innovation and technology-based production.