Business in Turkey

Can a Retired Employee Entitle Severance Pay?

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Person working after retirement has the same rights regarding severance, notice pay and annual leave as the other employees have. A retired employee may work against wage under an employment contract by paying social security support contribution. In case such an employee’s employment contract terminated by employer without just cause, …

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Can a Resigned Employee be Paid Severance?

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Conditions for entitlement to severance pay are arranged in article 14 (still in effect) of Former Labor Law No. 1475; and resignation of an employee isn’t one of the reasons for entitlement. For detailed information please visit our website: http://turkishlaborlaw.com/faq/311-conditions-of-severance-pay-in-turkey In practice employers may choose to make payment (while there …

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Social Security Agreement Between Turkey and Korea

Every country has its own legislation as regard to international workforce; however provisions of social security agreements are applied instead of domestic legislation. Social Security Agreement between Turkey and Korea had been signed in Ankara at 1st August 201211, and has been entered into force at 1st June 2015 by The Cabinet …

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How to Calculate Missing Days in February

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February is a special month from the point of actually worked and non-worked days of employees within the month. In Turkey’s legislation, number of working days within a month is considered 30 regardless of the actual number of days in the month. In other words, workdays of January (31 days), …

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Tax Exempt Daily Allowance Amounts 2018

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Daily Allowance is the money paid to employees in daily basis while they are working away from their workplace whether within the same country or abroad. Tax exempt daily allowance amounts are determined by General Directorate of Budget and Fiscal Control in line with Travel Expense Law No.6245 twice a …

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Turkey’s Attraction Area Program Rearranged

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Attraction Area Program that aims at providing incentives to the investments in 23 provinces of eastern and southeastern Anatolia has been rearranged by a Cabinet Decree issued in Official Journal numbered 11201, dated 25 January 2018. Attraction Area Program used to provide supports on advisory services, land allocation, building construction, …

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