Monday , May 10 2021

New arrangements have been introduced into foreign and foreign currency contracts



Communiqués on the amendment to Komunike no. 32 on the protection of the value of the Turkish currency was published in the Official Gazette. Article 8 of this Communiqué has been amended to include the principles of translation of foreign currency and foreign currency indexed contracts into the TL.

Accordingly, persons residing in Turkey will conclude between themselves; will not settle the agreed price and other payment obligations arising from these real estate contracts, including residential and roof business operations, including housing and covered work placements, in terms of foreign currency or indexed foreign currency.

FACE WITHOUT NON-CONSTRUCTION

Citizenship of the Republic of Turkey is not a resident in Turkey or resident in Turkey and abroad; to determine the contractual price and other payment obligations arising from these contracts in a foreign currency or a foreign currency indexed in real estate transactions and leasing contracts as a buyer or lessee.

CULTURAL MINISTRY OF HOTEL AND PENSION CERTIFICATES

In the case of a leasing contract in respect of the lease of accommodation capacities for the performance of certified accommodation facilities by the Ministry of Culture and Tourism, the contractual price and other payment obligations arising from these agreements may be established in a foreign currency or indexed in a foreign currency.

According to the UAV report; The regulation is enabled to decide in terms of liabilities in foreign currency or foreign currency of the contracted price and other payment obligations arising from these contracts in the lease of free shops.

Residents in Turkey will conclude between themselves; will not be able to determine the agreed price and other payment obligations arising from these contracts as indirect or indexed abroad.

Residents in Turkey will conclude between themselves; they are included in contracts for the provision of foreign services, exports, transit trade, exports of counted sales and delivery with foreign currency earning services and made the basis of contract operative services, contracts on services in the framework of activities carried out abroad, ends abroad began in Turkey , starting abroad Turkey Service contracts, including termination of service contracts, terminating or terminating abroad or terminating abroad, a service contract, including mediation and transportation, will not Eyes determine the contractual price and other payment obligations arising from these contracts, as indexed in foreign currency or foreign currency.
The contract price and other payment obligations arising from these contracts in terms of foreign exchange contracts may be determined in terms of foreign currency or indexed foreign currency.

SALE OF SECRETARIES AND RENTAL CONTRACTS

The contract price and other payment obligations arising from contracts and leases that are not included in contracts for the sale and lease of vehicles may be determined in a foreign currency or indexed in a foreign currency.

EXCLUSION OF HARDWARE AND SOFTWARE MANUFACTURING IN OUTDOOR

Together with Kominikej, a contract on the sale of software produced abroad by the information technology and licensing and services agreements relating to hardware and software produced abroad, as well as other payment obligations arising from these contracts, were decided to index in foreign currency or in foreign currency.

In leasing contracts for ships, it is possible to decide on the value of contracts and other payment obligations arising from these agreements in terms of foreign currency or indexed foreign currency. Leasing contracts may be able to decide on the price in foreign currency.

citizenship in the Republic of Turkey is not a signatory to the employment contract of persons residing in Turkey, the value of the contract, and in foreign currency or other payment obligations arising out of this agreement may be determined as indexed in foreign currency.

In contracts other than the sale of real estate and real estate leases, owned by public institutions or the Tura Army Foundation, the contractual price and other payment obligations arising from these contracts may be established in a foreign currency or indexed in a foreign currency.

Within the framework of projects to be implemented within the framework of contracts, contracts and international agreements implemented by public institutions and organizations in terms of exchange rate agreements or indexed foreign currencies; Contractors or contracting companies and parties to whom the contract has been signed will be concluded with third parties or will be concluded within the said projects, in contracts other than contracts for the sale of real estate and labor contracts, contractual price and other payment obligations arising from these contracts are determined as currencies in foreign currency or indexed in foreign currency.

In contracts on transactions conducted in accordance with the Law on Public Finances and Debt Management Regulation; contractual prices and other payment obligations arising from these contracts may be determined in a foreign currency or indexed to a foreign currency. As for these transactions, it is possible to determine the contract price and other payment obligations arising from these contracts in foreign currency or in foreign currency indexed terms.

EXCEPTION TO INSTRUMENTS ON THE CAPITAL MARKET

Capital market instruments (including foreign capital market instruments and warehouse certificates and foreign investment funds' actions), foreign currency formation, export, purchase and sale of transaction-related obligations can be decided in terms of foreign currency.

Outside the inhabitants of Turkey; contract, office, liaison office, directly or indirectly over fifty percent ownership of the property or joint control and / or controlling companies and companies in a free zone within a free zone activity as an employer or service area as a party to a labor and service contract, a contract and other payment obligations arising from these agreements may be determined in foreign currency or indexed in foreign currency.

a commercial airline company in Turkey, air traffic, motors and technical Daily parents of the company for its parts, work permits for the operation of the aerodrome ground handling of field services or authorized by the public or private legal status of entities in organizations and enterprises the founder of those organizations and partnerships with which companies have at least fifty equity interests in their capital, directly or indirectly; including the sale of real estate in Turkey, as residents in a foreign currency or foreign currency indexed costs, real estate and business contracts, other than they will be able to conclude contracts.

The contractual price and other payment obligations arising from these agreements can not be determined in terms of foreign currency or foreign currency currency indexed in terms of negotiating contracts in foreign currency. However, transmitted documents in this volume, which were organized before the date of entry into force of the amendment and which were published, will be considered as an exception.

abroad by residents in Turkey; branches, agencies, offices, liaison offices, funds to operate or manage, directly or indirectly, over fifty percent of the company's ownership will be graded in Turkey. However, if a contract is executed abroad, it will be assessed with the exception.
The contract price and other payment obligations arising from these contracts will be obliged to re-identify them as Turkish lira for costs included in contracts that are not possible to decide in terms of foreign currency or indexed foreign exchange.

2 JANUARY 2018. DRI OSNOVE

If the parties do not agree on the establishment of Turkish lira in contracts included in contracts that are not possible to decide in terms of foreign exchange or foreign exchange index; The effective exchange rate of the Central Bank on January 2 will be taken into account when converting the foreign exchange rate into contracts concluded before January 2, 2018 in TL. If the parties agree, they will be able to switch to the TL at different prices. New designated costs, yearly Turkish Statistical Office each (TUIK), CPI will be updated in line with the increase.

UNDER THE RENTAL FACILITY, PRICE PRICE

In accordance with Article 8 of the Ordinance, leases of contracts for housing and work place that were concluded before the date of entry into force of the foreign exchange or foreign exchange currency indexed for a two-year period will be designated as Turkish lira. However, for the year that is valid from the end of the year of lease in which it is designated as Turkish lira; If the amount of the lease is determined after the Turkish lira can not be reached, the date of determination will be determined by increasing the monthly monthly rate of TurkStat based on the monthly rates of change established by TURKSTAT by the end of the year of lease.

If the parties can not reach an agreement for the next lease, Turkish lira is valid until the end of the two-year period.

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