Business in Turkey

Employer’s obligation to get the employee’s consent for over time at the beginning of each year is removed by the change on “Regulation on Overtime and Extra Hours”. As is known it was necessary for the employer to obtain employee’s overtime consent at the beginning of every year. In practice …

According to the amendments on Paid Annual Leave Regulation issued in Official Journal No.30158, dated 18 August 2017; Annual vacation periods may be used in segments by mutual consent, provided that one of the segments cannot be less than 10 days.  For employees of subcontractor; in case the employee continues …

New starters must be notified to the SSI by submitting a notice of employment. The declaration (insurance holder employment report) should be submitted online to the authorities one day before the start date at the latest. In case of any delay employer will be liable to administrative fine. However, there …

As is known last payment date of July/2017 SSI premiums coincide with eve of Feast of Sacrifice, 31st August 2017 which is half day holiday. Ministry of Labor and Social Security announced that due date for July SSI premium payments 31st August 2017 coincide with eve of Feast of Sacrifice, …

We have already informed you that the taxpayers who pay their personal income and/or corporate taxes regularly on time will be benefiting from 5% tax discount not exceeding one million TRY in any case. According to the news we received, Ministry of Finance, Revenue Administration prepared an Income Tax General …

The main target of the Private Pension System is to improve the welfare level of employees by providing a supplementary income during retirement and also to increase the domestic savings which is crucial for Turkey’s economic growth. However, according to official statistics about 57% of the participants used their right …

Union compensation is a compensation paid to an employee whose employment contract is terminated due to union membership or participation in union activities. The amount of such payment must be determined by labor court, and cannot be less than the employee’s annual wage. Union compensation is arranged in article 25 …

As is known qualified employees are paid a severance pay equal to last 30 days’ gross wage for each full year of employment. An employee receives various types of payments and in kind benefits in addition to his base salary, so the term “gross wage” can be interpreted differently. When …

In principle yes! But it is your employer who says the last word. This question became a FAQ in these days because of approaching national holidays. First of all, national holidays, weekly rest days and public holidays which coincide with the duration of annual leave cannot be included in the …

In Turkey private sector establishments employing fifty or more employees are required to employ disabled persons not less than 3 % of their number of personnel. For employers who have more than one establishment within the boundaries of a province, the number that the employer must employ shall be computed …