With the circular dated 17.04.2020 and numbered VUK-127 / 2020-6, The Ministry of Treasury and Finance Revenue Administration has extended Corporate Tax declaration submission and payment dates, which were required to be submitted until the end of 30 April 2020, until the end of 01 June 2020.

With the extension of the Corporate Tax declarations to 01 June 2020, for the corporate taxpayers who are not included in the scope of force majeure stated in the General Communiqué of Tax Procedural Law No. 518, generation and signing period of E-Ledgers, which were required to be done until 30 April 2020, and uploading period of "Electronic Ledger Statements" to the Revenue Administration Data Processing System have been postponed until the end of 01 June 2020, Monday.

Due to the announced curfew which will be applicable on 24.04.2020 for 31 cities; the monthly social security premium service declaration of March 2020 has been extended until 27.4.2020 all over Türkiye.

The announcement published by SGK is as follows:

"As it is known, the legal submission period of the monthly premium and service document to be issued for 2020 / March expires on Friday 24/4/2020 (the official holiday of 23/4/2020).

However, on 20/4/2020, our President Mr. Recep Tayyip ERDOĞAN announced that the curfew restrictions will be applied in 31 provinces from 00:00 on 23/04/2020 until 00:00 on 26/04/2020 and on Friday 24/4/2020. Also due to the restrictions take to the streets and in order to avoid victimization of workplaces, the submission period of the monthly premium service declaration of March 2020 is extended to 27.04.2020 until 23:29 on all over Türkiye 2020.

Law on the Amendment of Some Laws with the Law on Reducing the Effects of New Coronavirus (Covid-19) Epidemic on Economic and Social Life, which includes articles on reducing the effects of Covid-19 epidemic to economic and social life and amendments to be made in some laws have entered into force, having been published in the Official Gazette dated 17.04.2020 and numbered 31102.

Law No. 7244 includes postponing, not taking or restructuring receivables, extending certain periods regulated by law, innovations brought to business life by the Labour Law and other related regulations and many more.

You can find the regulations in the law below:

ARTICLE 1 - Postponement, not taking or restructuring of some receivables

Due to force major caused by the Covid-19 outbreak, it has been ensured that;

As it is known, the principles of transfer of personal data abroad are regulated in Article 9 of KVKK. According to this regulation, in transfers to countries that are not counted among adequate countries, with a commitment to be signed between the person to whom the transfer will be made and the person who will make the transfer, permission must be obtained from the Board. However, adequate countries have not yet been announced by the Authority and it is likely that it will take time to identify safe countries, as we see from the "Criteria to be Based on Determining Countries with Sufficient Protection" published by the Authority. Since the adequate countries have not yet been announced, although people go for permission from the Board, there are also some difficulties in this process. Considering these difficulties, the Authority announced the Binding Corporate Rules institution and announced the method to facilitate data transfer for multinational group of companies. In this method announced, the process of obtaining permission from the Board will be carried out, as well. However, it should be noted that although a different alternative has been presented by the Authority, the question marks in transferring abroad have still not been eliminated, since the adequate countries have not been announced yet. Besides, as we will explain below, the announcement that the application of the Binding Corporate Rules will be finalized by the Authority in 1 year and this period will likely to be extended for 6-month periods shows that this process will not be short, as well.