Turkey: Government Policy & Public Finance

Turkey's Pharmaceutical and Medical Devices Agency has published new guidelines establishing comprehensive naming standards for medicinal products, introducing systematic evaluation criteria and procedures for assessing name similarity and acceptability. The guidelines implement a scoring system through TIBAS that compares proposed names against existing databases, while also addressing international nonproprietary name conflicts and promotional language restrictions.

Turkey has unveiled its National Artificial Intelligence Action Plan (2026-2030), establishing a comprehensive framework for AI governance, infrastructure development, and ethical oversight. The plan introduces a multi-layered governance structure including a National AI Board and Ethics Board, while setting ambitious targets for citizen training, data center capacity expansion, and public investment allocation.

Yapay zekanın vergi idarelerinde kullanımı hızla artarken, bu teknolojinin vergilendirme süreçlerini nasıl dönüştüreceği ve hangi riskleri beraberinde getireceği tartışılıyor.

Turkey's 2026 tax reform proposal introduces sweeping changes to attract foreign investment and boost economic competitiveness. The legislative package offers unprecedented tax exemptions for high-net-worth individuals relocating to Turkey, reduced corporate tax rates for exporters and qualified service centers, and a voluntary asset repatriation program with favorable tax treatment.

Turkey has announced a temporary reduction in its accommodation tax rate to 1% through the end of 2026, as published in the Official Gazette. This Presidential Decree provides a significant tax relief measure for the hospitality sector during this period.

Turkey's new e-scooter manufacturing regulations require producers to obtain certification from the Turkish Standards Institute (TSE) by demonstrating domestic production of specific electronic components. The framework establishes a three-tier system evaluating seven critical electronic parts, with varying requirements for domestic content across battery/chassis, motor, and electronic systems groups.

Pelin Baysal, Partner and Cansu Akbiyikli, Senior Associate at Gun + Partners provide an overview of legal reforms in Turkey aimed at enhancing the country's economic development.

Turkey has updated rules related to pledges on movable assets. Notably, all future legal interests in a movable asset will now be directly covered by a pledge, together with the movable asset.

The Resolution of the Council of Ministers dated 22.11.2017 and numbered 2017/11048 on the Ratification of the Cooperation Memorandum of Understanding in the Field of Residence ...