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The main points of interest for foreign investors to set up a company in Turkey are represented by three large special investment zones Free Zones (20 zones specially designed to increase the number of export investments, with 100% exemption from customs duties, corporate tax for manufacturing companies, VAT, l payroll tax for companies that export…
After determining the desired type of business in Turkey (limited liability companies, joint-stock companies, limited companies, collective companies or business partnerships), the registration process takes no more than a week. The foreign investor must also benefit from a certain amount of capital before starting a business in Turkey; for example, the limited liability company requires…
As soon as you exercise a professional activity in Turkey as an expatriate (unless you are « detached » by your employer within the framework of the Franco-Turkish agreement) you are subject to Turkish social security legislation and benefit from its services for yourself and the members of your family who reside on Turkish territory, by contacting…
Employee of a company established in France, you will carry out your activity in Turkey, a State linked to France by a bilateral social security agreement. This agreement allows your employer to maintain you in the French social security system under certain conditions. Thus, you keep the benefit of the French health insurance and the…
What are the Payroll figure in Turkey ? 2022 Term Minimum Wage GROSS (TL) NET (TL) Minimum wage 6.471,00 5.500,35 2022 Period Monthly SSI Ceiling and Floor Amounts MONTHLY SSI BASE (TL) MONTHLY SSI CEILING (TL) SSI Base 6.471,00 48.532,50 2022 Income Tax Schedule Minimum Maximum % 0 32.000,00 %15 32.000,01 70.000,00 %20 70.000,01 250.000,00…
What does payroll (bordrolama) mean in Turkey ? TDK (Turkish language institute) in Turkey defines the word « payroll » as « the chart showing the details of an account ». This word, which has passed from the French language to turkish language, refers to taking a payroll breakdown. Taking a payroll breakdown, describes the process of creating and…
Payroll outsourcing or payrolling is the process of carrying out the payroll-related tasks that your business requires using a third-party business partner in Turkey. In Turkey, professional employer organization services (PEO) are sometimes referred to as payroll. Payroll outsource services and PEOs are two completely distinct concepts. Companies save a lot of time and money…
Here is the list of frequently asked questions from companies wishing to export to Turkey WHICH MINISTRY IS COMPETENT FOR CUSTOMS ISSUES IN TURKEY? In Turkey, customs depends on the Ministry of trade since 2018 (Ticaret bakanlığı). Turkish Customs has a website translated into part in English where you can find some information about your…
This article presents a case of Payroll calculation in Turkey. Do you want to be self-employed? Invoice missions without creatingown legal structure, while benefiting from the advantages of employee status?Choose Payroll with Azkan Group! Our Payroll calculation example allows you to have an initial estimate of the amount of your monthly remuneration based on the…
Turkish labor law is also becoming increasingly important in UE-Turkish legal relations. Because there are now around 5,750 companies with German participation in Turkey (as of June 2014). German companies often come into contact with Turkish labor law for the first time when they employ Turkish managing directors on site or when other employees are…
