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The LAW No 6111- LAW on the RESTRUCTURING of CERTAIN RECEIVABLES and AMENDMENT to the LAW of SOCIAL INSURANCE and GENERAL HEALTH INSURANCE and CERTAIN OTHER LAWS and DECREE LAWS
The Law No 6111 (“Law”) includes the decrees which regulate principally the business life and social security receivables.
Prime purpose of the Law is the restructuring of public receivables in an exhaustive manner.
The Law has been called as ‘The Bag Law’ due to the fact that it contains amendments to a great number of law
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New Version of Incoterms Has Been Published
Since 1936, the International Chamber of Commerce (ICC) has periodically published International Rules for the Interpretation of Trade Terms (Incoterms). Incoterms provide standard definitions and specifies the responsibilities of buyers and sellers when they contractually set delivery terms of trade. International sales contracts frequently include Incoterms rules and definitions. Incoterms has also influenced the laws of most nations.
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NEW REGULATIONS REGARDING THE WORK PERMITS OF FOREIGNERS
New regulation regarding amendments related to the work permits of foreigners has
been published today at 28th April 2011 by Ministry of Labor and Social Security.
According to the provisions set forth in the new regulation;
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THE AMENDMENTS OF THE LAW NO. 5683 RELATED TO RESIDENCE AND TRAVEL OF FOREIGNERS IN TURKEY
The amendments that have been made in the Law No.5683 Related To Residence And Travel Of Foreigners in Turkey entered into force on 1 Feb. 2012. The purpose of the amendments is registration the foreign employees who are working illegally in Turkey.
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