Pursuant to the Presidentэқ Additional Steps to Further Liberalize the Procedure for Applying Financial Penalties and Enhance the Efficiency of Judicial Oversight Decree, a new system for the voluntary settlement of fines will be available to businesses starting October 1, 2026.
Under these new regulations, business owners can choose between two flexible options for settling financial penalties imposed by authorized bodies. First, by paying 50% of the fine within one month of receiving the notice, the remaining balance will be waived. Alternatively, entrepreneurs shall be granted the option to pay the full amount in equal installments over a six-month period.
The decree also strengthens protections against wrongful penalties: should a financial fine be overturned by a court or deemed invalid, the collected funds must be refunded within 15 days. If this deadline is missed, the state will pay interest for every day of delay at a rate of 1/300th of the Central Bank's base rate.
These reforms are designed to bolster the business environment and ensure fairness and transparency in the application of financial sanctions.
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