THE CENTRAL REGISTRY AGENCY HAS ANNOUNCED THAT IT WILL START TO PROVIDE SERVICES REGARDING THE MANDATORY COMPANY WEBSITES:

THE CENTRAL REGISTRY AGENCY INC. (“CRA”) HAS RECENTLY ISSUED A LETTER (“GENERAL LETTER”) ON SEPTEMBER 25, 2013 REGARDING SUPPORT SERVICES TO BE PROVIDED BY CRA WHICH IS A CENTRAL DATABASE SERVICE PROVIDER (“MTHS’’) CERTIFIED BY THE MINISTRY OF CUSTOMS AND COMMERCE.

CHANGES TO THE RECENT REGULATION ON COMPANY WEBSITES:

OUR READERS WILL RECALL OUR CLIENT ALERT OF JUNE THIS YEAR TITLED “COMPANIES MUST NOW BE ONLINE ACCORDING TO THE NEW WEBSITE REGULATION” COMMENTING ON THE NEW REQUIREMENT FOR COMPANIES TO CREATE THEIR OWN WEBSITES BROUGHT ABOUT BY THE REGULATION ON COMPANY WEBSITES (THE “REGULATION’’) ADOPTED BY THE MINISTRY OF CUSTOMS AND TRADE (“MINISTRY).

COMPANIES MUST NOW BE ONLINE ACCORDING TO THE NEW WEBSITE REGULATION:

THE NEW TURKISH COMMERCIAL CODE REQUIRED UNDER ARTICLE 1524 CERTAIN COMPANIES1 (“COMPANY”) TO HAVE A WEBSITE.