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Last Call for Fulfilling the Registration Obligation with VERBIS!

Last Call for Fulfilling the Registration Obligation with VERBIS!

Turkey
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Under Turkish law, data controllers must be registered with the so-called “VERBIS” registration system before processing any personal data. The Turkish Personal Data Protection Authority announced December 31, 2021 as the final deadline for fulling this registration obligation pursuant to the Personal Data Protection Law No. 6698 and the Regulation on Data Controllers Registry. The deadline is fast approaching.

In this respect, the following data controllers must register with VERBIS until the end of this year:

  • Individual and legal entity data controllers residing in Turkey and having more than 50 employees or having a total annual balance sheet above 25 million Turkish Liras (approx. 2,012,000 US$);
  • Individual and legal entity data controllers residing outside of Turkey;
  • Individual and legal entity data controllers, whose main field of activity is processing sensitive personal data (g., health data, membership of associations, religion), despite they have less than 50 employees and a total annual balance sheet below 25 million Turkish Liras (approx. 2,012,000 US$);
  • State institutions and organizations, and professional organizations having public institution

Failing to fulfil registration obligation until December 31, 2021, would result in administrative fine between 39.337 Turkish Liras (approx. 3,170 US$) and 1.966.862 Turkish Liras (approx. 158,300 US$). Accordingly, please be informed that data controllers which are subject to VERBIS registration obligation as noted above and have not yet registered with VERBIS should prepare their data processing inventories and complete the registration within December, 2021.

By Zahide Altunbas Sancak, Partner, and Sevinc Jafarova, Associate, Guleryuz & Partners

Turkey Knowledge Partner

NAZALI offers a broad range of services in the fields of Tax, Audit, Corporate and Commercial Law, Mergers & Acquisitions, Corporate Finance, Banking, Finance and Capital Markets, Protective Legal Services and Dispute Resolution, Personal Data Protection and Privacy, Social Security and Labor Law, Occupational Health and Safety, Competition Law, Intellectual Property Law and R&D, Compliance and White-Collar Crimes, Administrative Law, Real Estate Law, Customs and Foreign Trade, Accounting and Payroll, Financial Incentives and Advisory Services and Public Administration and Compliance through its partners, associates and consultants of different seniorities who have both public and private sector experience.

What sets NAZALI apart from others is that NAZALI offers a truly comprehensive service to its clients with experts from different disciplines working collaboratively as a team under one roof enabling us to evaluate all dimensions of legal matters together with financial and technical matters.

The services that NAZALI provides to its clients include the most appropriate solution with the support of technical departments specialized in their fields. In this context, NAZALI associates are supported by NAZALI technical team and work alongside the experts in the fields of finance, social security and customs matters. NAZALI has set out with the aim of providing the most efficient and comprehensive solution for its clients by adapting to the developing conditions and happily gained the trust of its clients by never compromising the quality of service.

As conditions continuously evolve, NAZALI always aims to further itself remaining true to its motto “GROW WITH KNOWLEDGE” and has set out with the aim of providing the most efficient and comprehensive solution for its clients by adapting to the developing conditions and happily gained the trust of its clients by never compromising the quality of service.

Firm's website: http://www.nazali.com

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