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 …
Read More »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 …
Read More »Turkey’s New Law On International Workforce
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 …
Read More »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 …
Read More »State Of Emergency and Its Potential Effect on Business and Labor Relation
The cabinet decree regarding declaration of state of emergency for ninety days has been approved by the Grand National Assembly of Turkey and it is in effect as of 21 July 2016, 01.00 hour. The state of emergency gives the government enhanced powers for at least three months, and financial, …
Read More »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 …
Read More »New Law For Employement Of Foreigners In Turkey – Part Two
The Law on The Work Permit for Foreigners No. 4817, which has been in effect since 2003 will be abrogated and subsided by “LAW ON INTERNATIONAL WORKFORCE” in the oncoming weeks. We have already discussed some main points of the amendments in the Part Two of our article issued in …
Read More »New Law For Employement Of Foreigners In Turkey – Part One
The long standing “Law on The Work Permit for Foreigners No. 4817,” which has been in effect since 2003 will be abrogated and subsided by “LAW ON INTERNATIONAL WORKFORCE” that is submitted to the Parliament’s related commission and expected to pass into law soon. Turkey aims to attract qualified …
Read More »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 …
Read More »How to Calculate the Annual Leave Periods Of Part-Time Workers
Part-time workers cannot be treated discriminatingly concerning their annual leave. In short, how many days a part time employee works in a week don’t matters, he can use his annual leave as if he worked in all days of the week. Annual leave entitlement of employees working under a part-time …
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