Thresholds For E-Commerce Licenses Increased

GP
Guleryuz Partners

Contributor

We are Güleryüz Partners, an Istanbul based law firm, offering high-quality legal services to domestic and multinational clients. Our team consists of energetic young professionals led by talented partners with strong academic backgrounds at prestigious universities in the USA, UK, and Germany, coupled with vast market experience exceeding a decade at top tier Turkish law firms. Our practice ranges from complex disputes to sophisticated M&A and finance transactions. We provide niche legal services in a wide range of legal areas such as litigation and dispute resolution, local and cross border M&As, banking, finance and capital markets, venture capital investments and start-ups, and compliance and corporate governance. We heavily invest in our pro bono projects in Turkiye and work together with institutions, foundations, and other organizations to provide legal advice to the persons in need of help. We also pride ourselves on fostering and promoting a diverse, equitable and inclusive work environment.
The amended thresholds according to yearly transaction volume of the intermediary service providers and service providers are renewed as stated below.
Turkey International Law

The obligation of e-commerce intermediary service providers and e-commerce service providers to obtain licenses from the Ministry of Commerce was introduced to our legal system with the "Law Amending the Law on the Regulation of Electronic Commerce" [available only in Turkish] published in the Official Gazette dated 7 July 2022, and thus has been amended by the Presidential Decree No. 6829 [available only in Turkish] published in the Official Gazette dated 23 February 2023 and numbered 32113. As per the amendment, which enters into force with its publication, all of the monetary limits regarding the license obligations were increased by 50%.

The amended thresholds according to yearly transaction volume of the intermediary service providers and service providers are renewed as stated below. Accordingly, the annual minimum transaction volume to fall into the scope of the license obligation is now determined as 15 billion Turkish Liras and the annual transaction value required to be subjected to the maximum license fee of 25% of the relevant portion of the trading volume was increased to 97,5 billion Turkish Liras.

The Old Threshold

The Annual Transaction Volume

The New Threshold

The Annual Transaction Volume

License Fee

10 billion ?

15 billion ?

3/10.000

20 billion ?

30 billion ?

5/1.000

30 billion ?

45 billion ?

%1

40 billion ?

60 billion ?

%5

50 billion ?

75 billion ?

%10

55 billion ?

82.5 billion ?

%15

60 billion ?

90 billion ?

%20

65 billion ?+

97.5 billion ?+

%25

Although the amendment has not made an explicit change in license fees, the monetary limits have been increased significantly even though the licensing obligation had just entered into force and is still in its adaptation period until 2024 for service providers and 2025 for intermediary service providers. This development demonstrates that the concerns regarding potential restrictive effect of the regulation, as previously mentioned in our article "New Era in Turkey's E-Commerce Market", were becoming considerably likely to be proven right. With the amendment and the increased thresholds, many e-commerce intermediary service providers and e-commerce service providers are now subjected to lower license fees, and thus the financial burden caused by the license obligation will be alleviated to some degree and the market will be relieved.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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