Business in Turkey

Can Foreign Employees be Retired in Turkey?

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Yes! Labor legislation of Turkey is applicable to Turkish citizens and foreign employees alike. Also, the Turkish Constitution contains provisions concerning equality, and guarantees the right to social security for everyone. Anyone who are working against wage under an employment contract and paying their social security premiums will be entitled …

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Change in the Taxable Income Brackets on the Way

gelir vergisi hesaplama

Starting from 2018, income tax rate that applied to 3rd taxable income bracket will be increased from 27% to 30%.  In a press conference held for introducing Turkey’s “Medium Term Program,” Finance Minister Naci Ağbal announced some tax hikes and revision in income tax tariff to be applied within the …

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What is Subcontractor Relation?

taseron yillik izin

Subcontractor can simply be defined as an individual or a firm who contracts (undertakes) to perform the part of another company’s work. The work that is undertaken by the subcontractor is generally an auxiliary task requiring technological skill, or the work meeting the operational requirements of a main employer. Subcontractor …

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When to Submit Leaver Declaration?

isten ayrilis

When the employees who are working against wage under an employment contract leave the employment (termination of employment contract), SSI/SGK should be informed by filling the form online in its website within 10 days as of the leaving the date. (Social Insurance and General Health Insurance Law No. 5510, article …

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Do You Have to Notify Workplace Shut Down to SSI?

sirket kapanis

No! No obligation of workplace shut down notification is specified in the Law. Also, there is no penal provision regarding the matter. In case there is no mobility in SSI’s e declaration  system the Institution removes the workplace out of the scope of Law No 5510 (Social Insurance and General …

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Changes in Paid Annual Leave Regulation

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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 …

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