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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…
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…
