LARGE SCALE INVESTMENT INCENTIVE SCHEME

Turkey is an attractive country for foreign investors due to the legislations offered many opportunities for foreign investors. One of the important opportunities is various investment incentives that encourage, support and orient investments in order to reduce regional disparities within the country. The other purpose of investment incentive is to create new employment opportunities. The […]

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PACKAGE TOUR CONTRACTS IN TURKEY II – CANCELLATION OF THE PACKAGE TOUR AND DEFECTIVE PERFORMANCE OF THE CONTRACT

In our previous article, we explained the liabilities of package tour organizers/agents and rights of consumers in the case that significant contract changes take place (Please see…). In this article, we explain the cancellation of package tour and the defective performance of the contract. Cancellation of the package tour: In cases where the package tour […]

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PACKAGE TOUR CONTRACTS IN TURKEY I- CHANGES IN THE ESSENTIAL ELEMENTS OF THE CONTRACTS

Procedures and principles regarding package tour contracts are regulated in the Article 51 of Law on Consumer Protection No. 6502 and Implementing Regulation on Package Tour Contracts. Accordingly, package tour contracts can be defined as contracts where at least two of the transport, accommodation and other tourism services are sold or offered for sale at […]

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PRIORITY INVESTMENT INCENTIVES SCHEME

Due to globalization, the whole world is integrated in a one global market and the national economies are integrated with the world economy, thus the economic relations between the countries are intensified. This circumstance encourage countries to make legal regulations and provide incentives to attract foreign investment. Therefore, Turkey has set the legal framework of […]

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