Turkiye: Announcement of Regulation of Electronic Commerce (Amendment) Law including electronic commerce license

On 12 March 2022, Turkish President Erdoğan announced the new Economic Reform Package, which includes an amendment to the Regulation of Electronic Commerce Law. According to the bill, intermediary service providers for e-commerce presenting a net transaction volume of 10 billion Turkish liras and intermediating more than 100,000 transactions in a calendar year (excluding refunds and cancellations) would have to obtain or renew an e-commerce licence. The licence fee would be calculated according to the providers' net transaction volume.