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On the 31st of March 2023, the Official Gazette published Presidential Decision 7015, which pertains to technology development and R&D regions during a state of emergency. This decision mandates that during the state of emergency declared in the provinces affected by the earthquake starting on February 6th, 2023, the income tax withholding incentive rate applicable…
With Erdogan, the minimum wage in Turkey, faced with inflation of more than 84% over one year, will be raised on January 1 to 8,500 net Turkish liras (around 455 euros), for the third time in a year. More than 40% of Turks live on the minimum wage. Despite this support for his population, Recep…
According to the announcement of the Presidency and the Ministry of Labor and Social Security, the minimum wage for 2023 in Turkey was announced as 10.088 ₺ gross and 8.506,80 ₺ net. The minimum wage figures for 2023 in Turkey ; Minimum Wage (Gross) 10.008 ₺ SSI Base (PEK Base) 10.008 ₺ SSI Worker Premium…
Faced with general discontent, Turkish President Erdogan tries to stay in power at all costs. Indeed, for months, the Turkish economy has been sinking into crisis, the currency is collapsing and inflation is reaching record highs, plunging a large part of the population into hardship or even absolute poverty. While Erdogan and his party, the…
Turkish President Recep Tayyip Erdogan on Wednesday (December 21st) promised to bring inflation down sharply in the coming months and relieve Turkish citizens of the burden of a high cost of living. « Hopefully we will see the decline in inflation in the coming months. Let’s make 2023 the turning point of our liberation from the…
The net salary table of millions of retirees has been announced. According to the 14.05 percent increase calculation, it was revealed how much retirees who received 3.800, 4.200, 4.500 liras would earn. SGK, SSK and Bağ-Kur retirees will receive 5 monthly salaries in the new year. With the emergence of December inflation, the 2023 salary…
Turkish law offers the possibility for foreign investors to set up in Turkey simply through a branch, called “Şube”. This branch has been somewhat reformed by the new Turkish Commercial Code (“NCCT”) which was adopted by Law No. 6102 dated January 13, 2011 and entered into force on July 1, 2012. This reform aims to…
Payroll in Türkiye is attracting more and more professionals who wish to become freelancers without the constraints of an independent status. Before presenting the many advantages of payroll in Türkiye, it is appropriate to give a more general presentation based on its characteristics and practical operation. What is the definition of Payroll ? Payroll is…
Finding a job in Turkey is not easy, and looking in another country involves taking into account a number of elements. Two categories of foreigners can mainly be encountered in the professional world in Turkey. There are expatriates, sent to work for several years in a company attached to their country, but there are also…
Do you have a professional project to set up your own business? Why not in Turkey!? Developing your business on the territory of this first partner of France guarantees the success of all your professional projects. This country actually has many advantages to benefit from in this regard. Find out which ones. Two types of…
