Legal News

Turkey’s New Private Pension System Is On The Way

turkey-s-new-private-pension-system-is-on-the-way

Voluntary private pension system is about to be replaced by a mandatory private pension scheme, which stipulates that, every wage-earner Turkish citizens under 45 years of age will be automatically enrolled in a pension plan determined by employers. A long-awaited “Draft Amending the Law on Individual Pension Savings and Investment …

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Public Receivables Will Be Restructed In Turkey

public-receivables-will-be-restructed-in-turkey

Many of the unpaid debts and administrative penalties, accrued before 30 June 2016, related to taxes and tax penalties, customs duties, and public receivables such as social security premiums, group insurance premium, unemployment premiums, social security support contribution, general health insurance, as well as any kind of subsidiary public receivables …

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Turkey’s New Law On International Workforce

turkey-s-new-law-on-international-workworce

TurkishLaw on the Work Permit for Foreigners No. 4817, which had been in effect since 2003 has been abrogated and substituted by “LAW ON INTERNATIONAL WORKFORCE,” which got through the Parliament on 28th July 2016. Headnotes for Executive Foreign non-resident board member of joint-stock non-executive, partners of other companies, and …

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No Fines For Not Hiring Workplace Doctor Until End Of The Year

no-fines-for-not-hiring-workplace-doctor-until-end-of-the-year

The obligation as regard to employing occupational safety specialist and workplace doctor (occupational physician) came into effect as of July 1, 2016, however no administrative fines will be imposed for violation of these obligation until the end of 2016, as Labor and Social Security Minister  Soylu announced in a press …

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Withholding Tax Return And SSI Declaration Will Be Combined

withholding-tax-return-and-ssi-declaration-will-be-combined

Income tax of employees withheld from their earnings by employer and the SSI premium contributions will be combined in a single form and submitted online to tax offices. In current  practice, withholding tax returns and SSI E-declarations are declared online in two separate forms  to the tax offices and SSI …

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How Many Leave Days In The Feast Of Ramadan

how-many-leave-days-in-the-feast-of-ramadan

In many occasion it depends on whether you are employed in public or private sectors. In this year’s Ramadan Feast, public employees will have 5 days holiday uninterruptedly between 4th and 8th July, and many of the public institutions and agencies including SSI departments and tax offices will be closed …

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