Employees are provided with some benefits in many occasions such as New Year, feasts and other special days. Accounting treatment of these benefits may be different from the point of tax and social security contribution in comparison with the normal wage. GIFT CHEQUES AND SSI PREMIUM CONTRIBUTION As a rule …

Employment contracts concluded with seamen can be based on foreign currency. As we informed before, a ban on usage of foreign currency in some transactions and contracts made between real persons or the legal entities settled in Turkey by the Presidential Decrees (No 32 and 85). However, some exemptions had been introduced later on by …

As is known the renewed work permit application system has come into service as of 26th February 2018. Applications are being made through e-devlet system by using electronic signature, and there is no need to send application form, petition or any other document to the Ministry. Directorate General of International …

Turkish companies must employ certain number of Turkish citizens for applying work permit or hiring foreigners. In other words, number of employed work permit holders cannot exceed the company’s total labor force. Ratio of foreign employee depends on the sector, qualification of foreigner and the international treaties as it will …

Some members of professions cannot be employed on arduous and dangerous work without Professional Competence Certificate after 11th November 2019. According to Communique (SIRA NO: 2018/1) published in Official Gazette No. 30592, dated 11 November 2018, employees working in the professions included in the annexed list must obtain professional competence …

Wage can be determined as monthly, daily, hourly, as a piece or job rate or on a percentage basis. Payment of wage must be on monthly basis at the latest. Payment period can be reduced down to one week. Hourly wage is the amount paid to employee for per hours …

Turkey switched to permanent summer time and did not set back the clocks while many of the countries in the World and Europe have already set back their clocks one hour back on 28 October, 2018. Country’s summer time (DTS) will be the country’s non-changing standard time fixed on GMT …

Withholding Tax and Monthly Premium Service Document applications, which had been announced earlier to start on 1st October 2018 are now postponed to 1st July 2019. As is known, it is stipulated by the Law No. 6728 that withholding tax returns and SSI e-declarations to be combined in a single …

Withholding Tax and Monthly Premium Service Document applications, which had been announced earlier to start on 1st October 2018 are now postponed to 1st July 2019. As is known, it is stipulated by the Law No. 6728 that withholding tax returns and SSI e-declarations to be combined in a single …

Severance payment is arranged in article 14 (still in effect) of Former Labor Law no. 1475. Severance pay is equal to employee’s last 30 days’ gross wage for each full year of service at the same workplace. For a portion of a year, pro rata payment must be made. As companies made …