Business in Turkey

Social Security Agreement Between Turkey and Korea

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Türkiye ve Kore Sosyal Güvenlik Anlaşması

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 Decree 2015/7939 published in the Official Gazette No. 29439.


Persons to Whom the Agreement Applies

This Agreement shall apply to any person who is or who has been subject to the legislation of either Contracting party, and to the dependents and survivors of such a person within the meaning of the applicable legislation of either Contracting State.

Equal Treatment

In the application of the legislation of a Contracting party, any person mentioned above shall receive equal treatment with the nationals of that Contracting party.

For full text of the agreement in Turkish, Korean and English click here:

http://iskanunu.com/portal/wp-content/uploads/2018/02/20150206-3-1-T%C3%BCrkiye-Kore-SGA.compressed.pdf,

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), February (28 or 29 days) or March (30 days) is the same.  Thus, fully worked employees’ insurance days must be declared as 30 days.

An employee may be absence from work for various reasons (sickness, unpaid leave, disciplinary penalty). Normally these days are deducted from 30, however in February unworked days should be deducted from 28 (or 29 in every four years period).

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 year.

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, interest free investment loans and lower interest operational loans to manufacturing industry, call centers and  data centers in the region of Adıyaman, Ağrı, Ardahan, Batman, Bayburt, Bingöl, Bitlis, Diyarbakır, Elazığ, Erzincan, Erzurum, Gümüşhane, Hakkari, Iğdır, Kars, Malatya, Mardin, Muş, Siirt, Şanlıurfa, Şırnak, Tunceli ve Van. 

Cabinet Decree 2016/9596 is repealed and new program is issued in the official Journal numbered 2018/11201, dated 25 January 2018.

How to Notify Work Accident of Foreign Employee?

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Work accident notification of a foreign employee should be made manually.

Foreign employee who had a work accident must be immediately notified to security forces (police or gendarmeries) by the employer.

Notification to SSI will be made within 3 work days following the date accident is occurred. Weekends and public holidays are not counts, for example if the accident occurred on Wednesday notification should be made on next Monday at the latest.

FAQs On Minimum Living Allowance

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What is minimum living allowance?

Part of the wage that constitutes the amount of minimum subsistence level is not subject to income tax for real persons in Turkey legislation.

Minimum Living Allowance (MLA/AGİ)  is calculated on the basis of annual minimum wage regardless of the total earning, and in accordance with the marital status and the number of the children of the employee.

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