ErsoyBilgehan Publications

06 January 2021

Client Alert

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.

Hande PAT, Yusuf Mansur ÖZER

08 December 2020

Client Alert

New Framework on Crew Changes During COVID-19:

Government issues new framework on crew changes during COVID-19 in compliance with the IMO’s circular letter No. 4204/Add. 1

Hazal ÖRNEKOL, Nihal Ceyda ÇAKIR

02 October 2020

Client Alert

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.

Hande PAT, Yusuf Mansur ÖZER

01 September 2020

Client Alert

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.

Yusuf Mansur ÖZER, ErsoyBilgehan