SCOPE OF ARTICLE 7 OF THE PORTS CODE AND ITS REFLECTIONS ON PRACTICE :

The comprehensive amendment made to Article 7 of the Ports Code No. 618 in 2017 established an administrative regime governing wreck removal in Türkiye, departing from traditional approaches and adopting a risk-oriented framework predicated upon rapid intervention. Through this amendment, a domestic regime parallel to the 2007 Nairobi International Convention on the Removal of Wrecks—to which Türkiye is not yet a State Party—was constituted. The administrative scope of auth

A New Chapter in Turkish–Saudi Energy Cooperation:

Turkiye has approved its intergovernmental agreement with Saudi Arabia, providing a framework for renewable energy projects with a total capacity of 5,000 MW in Turkiye.

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.

The Ceiling For Stamp Duty Raised by 18.95% for 2026 :

General Communiqué No. 71, the stamp duty ceiling and fixed amounts have been increased for 2026.

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.