News & Insight
Turkey introduced the Valuable Housing Tax (the “VHT”) under the law numbered 7194 which was published on the Official Gazette No. 30971 dated December 7, 2019 and made crucial amendments to the Real Estate Tax Law No. 1316. The Law numbered 7221 (the “Law”) which was published on the Official Gazette dated 20 February, 2020 […]
The Legal 500 Oil and Gas Guide – Turkey Chapter written by Kesikli Law Firm We are pleased to announce that Kesikli Law Firm has accepted to contribute to The Legal 500: Turkey Oil & Gas Guide as the exclusive author of the Turkey Chapter, which has been published by the Legal 500 recently. The […]
New Taxes Imposed on Valuable Houses in Turkey – Valuable House Tax in Effect For the first time in the history, Turkey ratifies the Valuable Housing Tax (the “VHT”) under the law numbered 7194 which was published on the Official Gazette No. 30971 dated December 7, 2019 (the “Law”) and makes crucial amendments to the Real Estate Tax Law No. 1316. […]
A Commonly Overlooked Question: Are You Really Free to Enter into a Contract with a Turkish Entity in a Foreign Language? Especially in the last two decades, Turkey has been trying to create an investment-friendly environment for foreign investors. This has resulted in entry of many foreign investors to the country – in addition to […]
Enforcement of Foreign Court Judgements in Turkey – Series No. 1 Foreign court judgements are not directly enforceable in Turkey. According to Art. 50 of Private International Law and Procedure Act numbered 5718 (the “Act”), a final judgement rendered by a foreign civil court can only be enforced in Turkey if competent Turkish court decides […]
Kesikli Law Firm’s founding partner, Omer KESIKLI spoke at the World Energy Strategies Congress and Exhibition 2019 (WESCE’19) held in Istanbul / Turkey. Omer Kesikli spoke as one of the panelists in “Energy Law and IP Rights” session of the event. Other panelists included Dr. Cem Cagatay Ortak (partner at Cakmak Law), Dr. Taner Sahin (Lecturer […]
Our founding partner, Omer KESIKLI, spoke at the Regional Meeting of ADAM Global in Amsterdam on the effect of Brexit to third countries, with a particular emphasis on the opportunities for investors and entrepreneurs in Turkey. Other reputable speakers of the event were: Honourable Paul Clark, Past Minister of State for Her Majesty’s Government of […]
CORPORATE AUTHORITY TO SIGN ARBITRATION AGREEMENTS Arbitration became the natural method for resolving disputes involving international aspects. In addition to this, it is the author’s observation that arbitration agreements are increasingly becoming more popular in the domestic context after establishment of Istanbul Arbitration Centre (“ISTAC”). As the frequency of incorporating arbitration clauses into commercial contracts […]
EU and Iran US’ reimposition of sanctions on Iran remains on the agenda. As is known UN surmised that Iran’s nuclear programme was peaceful and lifted its sanctions. Treaty on the Non-Proliferation of Nuclear Weapons (NPT) and Joint Comprehensive Plan of Action (JCPOA) came into prominence as the international legal framework and Iran had become […]
The European Union has adopted the Renewable Energy Directive which sets the goals for the EU for the production and promotion of energy from renewable sources. This Directive is part of the Clean Energy for All Europeans Package; a new energy legislative framework. New rules will be implemented within 2019 and formation of the Energy […]