Announcement Regarding Economic Stability Shield Package And The Other Measures Taken In The Field Of Economics

Reading Time: 2 minutes President Recep Tayyip Erdoğan announced a package of 19 items called “Economic Stability Shield” to reduce the effects of the COVID-19 outbreak on 18.03.2020. 1- Concise and VAT withholding and SSI premiums for Retail, AVM, Iron-Steel, Automotive, Logistics-Transportation, Cinema-Theater, Accommodation, Food-Beverage, Textile-Garment and Event-Organization sectors were delayed for 6 months. 2- The accommodation tax will not be applied until November. 3- The easement rights and revenue share payments related to hotel rentals were postponed for 6 months for April, May and June. 4- In domestic air transportation, the VAT rate has been reduced from 18 percent to 1 percent for 3 months. 5- As the KOVİD-19 outbreak is affected by the measures related to the outbreak, the companies’ cash principal...

Reading Time: < 1 minutes Qatar, investment

Reading Time: 2 minutes We are pleased to announce that we signed a Cooperation Agreement with Al Sulaiti Law Firm, one of the most reputable law firms in Qatar, at the Turkey Qatar Law and Investment Forum organized by Qatar Chamber and TOBB at the InterContinental Hotel. Within the scope of this agreement Firms will be covering each others’ clients and their legal needs in the respective countries.   In the event our Partner Duygu Doğan Şahiner has attended the forums on “Arbitration in Turkey” and our Founding Partner Levent Lezgin Kılınç has attended the forums on “Investment to Turkey” as speakers.   To see the related post on The Peninsula Qatar, please follow the link. To see the related post on Gulf Times,...