06 January 2021
RESTRICTIONS HAVE ENDED: COMPANIES CAN NOW FREELY DISTRIBUTE DIVIDENDS :
The restrictions on companies’ distribution of their profits have been lifted as of 1 January 2021. In other words, it is now possible for companies to distribute their previous year's profits and free reserves and to authorize their board of directors to distribute advance profits.
02 October 2020
FINAL WARNING AND TIME EXTENSION FOR DATA CONTROLLERS TO COMPLY WITH REGISTRATION OBLIGATIONS:
Having identified that some of the data controllers have not been able to complete their registration with VERBIS (i.e. the data controllers’ registry) due to Covid-19 related reasons, the Personal Data Protection Board granted a de facto time extension to the data controllers for fulfilling their registration obligations. The decision no. 2020/760 and dated 1 September 2020 on the “extension” was announced on the Board’s website yesterday.
01 September 2020
TERM OF SHORT-TERM WORKING SUBSIDY EXTENDED YET AGAIN:
The Presidential Decree numbered 2915 published in the Official Gazette dated 30 August 2020 extended the period of short-term working subsidy for 2 months for the same employees under the same conditions in workplaces that applied for short-term working before 30 June 2020 due to force majeure events originating from Covid-19.