On March 6, 2025, the Communique on the Amendment to the Communique on the Decree No. 32 on the Protection of the Value of Turkish Currency ("Communique") was published in the Official Gazette No. 32833.

According to the Communique, the ninth paragraph of Article 8 of the Communique on the Decree No. 32 on the Protection of the Value of Turkish Currency, published in the Official Gazette No. 26801 dated February 28, 2008 ("Decree No. 32"), has been amended as follows. Accordingly, the relevant article has been adopted as:

Communiqué (Communiqué No: 2024-32/69) Amending the Communiqué on Decree No: 32 on the Protection of the Value of Turkish Currency (Communiqué No: 2008-32/34) was published in the Official Gazette numbered 32474 on February 28, 2024.

The purpose of the Communiqué is to introduce certain exceptions to the principles of application of the prohibition of payment in foreign currency.

The relevant communiqué regulates that while some obligations are obliged to be paid in Turkish Lira, these payments can now be made in foreign currency.

The obligation of bringing export fees to Türkiye within 180 days and change 80% of this payment to a bank has been set as 6 months as of 04.09.2018, with the Communique on 32 Numbered Decree Regarding the Protection of Value of Turkish Currency (Regarding Export Prices). This duration which was to expire on 04.03.2019, has been extended to 1 year, 2019-32/53 numbered Communique published in the 30703 numbered and 03.03.2019 dated Official Gazette.

The prohibition of determining the contract price in foreign currency or based on foreign currency is imposed for many contracts (namely, chattel and real estate sales and leasing, financial leasing, labour, service and construction agreements) that are concluded between the Turkish residents, with 13/9/2018 dated and 85 numbered “the Decree on the Amendment of 32 numbered Decree regarding the Protection of Turkish Currency” (“Presidential Decree”). Under this new regulation, the necessary of amendment of the contract price converted into Turkish currency is needed for the contracts in the scope of the prohibition. At this point, a stamp tax problem occurs for the amended contracts.