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Labor Cost Estimation for the Year 2017 in Turkey

Employment Cost Art

It is only weeks to end of the year, and naturally the next year’s annual budget is on the agenda of all companies. Of course the budgets comprised of many cost/ income elements, no doubt it is very important to make correct predictions on employment costs for getting close to …

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2017 Minimum Wage Estimation in Turkey

Minimum Wage Art

Turkey’s minimum wage is of particular concern to about 5 millions employees in the country, and will be announced in the forthcoming days. Almost all of the payroll parameters are derived from minimum wage which is determined by “Minimum Wage Fixing Board” (Labor Law 4857, article 39) every two years. …

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Liaison / Representative Offices in Turkey

Liason Office Art

One of the ways of entering into Turkey markets for foreign-based commercial enterprises is setting up liaison offices, which are specified in Foreign Direct Investment Law No. 4857, and in the framework of procedures and principles stated in “Application Regulation”. A liaison office (also called representative office), can be defined …

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Granting Work Permit Exceptionally In Turkey

work permit article

  Work permit can be granted to certain categories of persons who have some status and/or qualifications determined by Ministry of Labor and Social Security. However, there is not such a type of work permit called “exceptional,” and it should not be taken as an exemption from work permit requirements. …

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No Decrease In Net Minimum Wage

no-decrease-in-net-minimum-wage

Government bill of law, intended to prevent any decrease in 2016 net minimum wage due to shift in the taxable income brackets, has been accepted in Parliament’s Planning and Budget Commission and expected to be in force soon. As it is known, Turkey’s net minimum wage is determined as 1.300,99 …

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