NEWS
2024 year for opportunities in Turkish market
The Central Bank of Turkey once again set a record by raising the policy interest rate to over fifty percent. The goal is to act in line with the FED and the ECB: to ensure lasting price sta...
Residential construction Project in Ivory Coast
Asik & Partners lawyers are structuring the legal and financial aspects of a residential project in Abidjan, involving numerous parties, including a Turkish constructor, canadian financo...
Arbitration in Jordan
In ASIK & PARTNERS appointed as legal counsels of a Turkish group in an ICC dispute in Amman, Jordan, under jordanian laws conducted in English.
China State Construction Engineering Corporation (CSCEC) involved in West Africa
China State Construction Engineering Corporation (CSCEC) involved in construction projects, particularly in building residential properties and public infrastructure in Cote d'Ivoire, with p...
German DHL Makes New Investments in Turkey
German logistics leader Deutsche Post DHL Group, pledged further investment in Turkey, announcing that, “DHL is investing EUR 135 million to build a state-of-the-art operation center at th...
Changes in Turkish tax rates (VAT)
Pursuant to Presidential Decree dated 07/07/2023 and numbered 7346, Value Added Tax (VAT) rates have changed in Turkey.
With the Presidential Decree No. 7346;
The general VAT rate applied...
"Regional Comprehensive Economic Partnership Agreement
Years of negotiations between 5 countries ended positively. The "Regional Comprehensive Economic Partnership Agreement", known as the world's largest free trade agreement, was signed between...
Qatar has become a shareholder of a strategic company in Turkey.
Qatar Investment Authority (QIA) and the South Korean group SK HoldCo Pte. ltd. entered into a shareholding transfer agreement, through the acquisition of its shares in Eurasia.
The latter...
Turkey will launch tenders for solar power plants up to 1.000 MW
Turkey will launch several tenders for solar power plants, with a total capacity of 1000 megawatts (MW), spread across Turkey.
These projects should attract French and European groups, lead...
At least 10% charging units imposed by Parking Regulation
Today, March 25, 2021, the Regulation on the Amendment of the Parking Regulation came into force.
At least 10% of the parking lot in the new regions and public parking lots and shopping mal...
Sanctions on social media platforms in Turkey
Turkish authorities notified Twitter, Facebook, Instagram, YouTube, TikTok, fines amounting to 3.8 million USD.
Those social media platforms failed to appoint local representative, as per r...
JETCO Protocol Was Signed Between Turkey and Italy
Approaching the 20 billion-dollar bilateral trade volume between Italy and Turkey, it is intended to remove the $ 30 billion level as soon as possible.
With the customs update by the Minist...
New Tax Amnisty and Regulations
Law No. 7256 on Restructuring Certain Receivables and Amending Certain Laws has entered into force.
This law includes Foreign Asset Transfer amnisty.
Austrian Post Raises Shares in Turkey’s Aras Kargo
Turkey’s Aras Kargo agreed to transfer a majority of its shares to Austrian Post. As part of the agreement made between the two partners, Austrian Post will raise its stake in the Turkish...
Amendment to Law on Protection of Competition
Minister of Trade Ruhsar Pekcan spoke about recent amendments to Law No. 7246 on the Protection of Competition, which were published in the Official Gazette on June 24.
Explaining that the...
Legal advisory in a major PPP Project
Ozgur Asik and his team are appointed as the counsels of the State in a major PPP project, in the air transportation sector, for the construction, operation and transfer of an airport. IATA...
Arbitration Congress in Madrid
ASIK & PARTNERS joined the European Centre of Arbitration and Mediation and the International School of Arbitration and Mediation of the Mediterranean and of the Middle East with the coo...
Advising a Chinese state owned company in a turnkey project
ASIK & Partners are mandated by a major chinese state owned construction company, in an infrastructure project in western africa.
Legal advisory in real estate
Advising a French real estate development company in the structuring, financing and realisation of a mid-size real estate project in Izmir as a first launch in Turkey.
New government in Ivory Coast
On May 4th, 2018, Ivory Coast President Alassane Ouattara empowered the current Prime Minister Amadou Gon Coulibaly to form a new government.
A few weeks ago, PDCI, the coalition partner...
Citizenship for Foreign Investors in Turkey
Access to Turkish citizenship has been eased for foreign investors with the amendments made to Turkey’s current citizenship law. The new regulations were published in the Official Gazette...
Bilateral Cooperation Agreement by Ivory Coast, assisted by our law firm
Ozgur Asik and his team is assisting Republic of Ivory Coast in the bilateral cooperation agreement with Republic of Austria, in the field of healthcare
Construction project in Benin
ASIK & PARTNERS mandated as the legal counsels of a real estate owner company, for the construction of a real estate project on the sea side of Cotonou.
Venture capital investors eye further growth in Turkey despite turbulence
Despite political turbulence and security worries, Turkey remains an attractive market for venture capital investors thanks to its prime location, its young, educated workforce, and the dept...
Turkey to continue with economic reforms
Following Moody’s recent announcement downgrading Turkey’s credit rating to non-investment grade, Turkish government officials commented on Turkey’s macroeconomic figures and addressed...
Pepsi to establish sixth factory in Turkey
World's leading food and drinking giant PepsiCo announced that it would build a sixth factory in Turkey. The Prime Ministry Investment Support and Promotion Agency of Turkey (ISPAT) prop...
Cooperation agreement in Arbitration
Commercial Chamber of Izmir and European Court of Arbitration in Turkey signed and agreement for promoting the national and international arbitration for their members,
Mr Rebii AKDURAK (...
World’s largest photovoltaic solar plant to be established in Turkey by 2018
The tender for a 1,000 megawatt-photovoltaic solar power plant, which will be established in Konya's Karapınar district, will be held in March. Poised to be the largest of its kind in the w...
New law that offers citizenship
Turkey introduces new law that offers citizenship for foreigners who invest, acquire real estate, or place deposit in banks.
Sale of an hotel chain in Turkey
ASIK & PARTNERS appointed as the legal counsel in the sale of an hotel chain in Turkey. Our tasks include a broad service range from valuations to due diligences, focusing on risk analys...
Bilateral agreements in Ivory Coast
Att Ozgur ASIK appointed as the legal counsel for the bilateral negociations between the Republic of Turkey and Ivory Coast (Businessmen Association CGECI and Chambers of Commerce).
NEW ENERGY INVESTMENTS IN TURKEY
Speaking at the opening ceremony of a large call center in western Turkey that will help address customers’ concerns with energy service, Minister Albayrak drew attention to the government...
World’s largest photovoltaic solar plant to be established in Turkey by 2018
The tender for a 1,000 megawatt-photovoltaic solar power plant, which will be established in Turkey, will be held in December. Poised to be the largest of its kind in the world, the solar po...
