Procedure 1 Execute and notarize articles of association, signature declaration of the managers, copies of each manager’s identity card or passport and commercial books. Time to complete(days): 1 Cost to complete: Articles of Associations 900 TL.
Read More »Import Regulations in Turkey
Overview Overall, Turkey has a relatively free market for trade in goods and services as a result of liberalization measures introduced over the past two decades. Turkey follows basic WTO rules to regulate imports and tariff structures and has adopted the European Union (EU)’s common customs tariff for imports from …
Read More »Turkey Country Factsheet 2011
Official Language: Turkish Local Currency: Turkish Lira (TL) Number of Pay Periods: 12 Fiscal Year: 1 Jan – 31 Dec
Read More »Legal Requirements for Getting Married in Turkey
Make it your priority to fully understand the legal requirements for getting married in Turkey. Residency Requirements There are no minimum residency requirements, providing that you obtain a Certificate of No Impediment from the relevant authority in your country of residence.If you have not obtained this document then you will …
Read More »Doing Business in Turkey
A foreign company may do business in Turkey in one of the following ways: Operate as a contractor, establish a branch or a subsidiary. Establishment ProceduresThe registration and foundation procedures relating to Turkish subsidiaries and branches have been simplified considering the permissions to be required for the establishment. Under the …
Read More »2011 Wage Parameters
Minimum wage amount is changed, and so did the upper and lower limits of average daily earning taken as basic to premium. Family allowance, child allowance and disability benefit amounts are also redefined. Minimum Wage amount is changed Based on Labor Law no 4857 and with the decision of Commission …
Read More »Which Works Can Be Given To The Subcontractor?
The person who takes a work that requires specialization in auxiliary works or in some part of the main work because of technological reasons or as necessity of work related to the product or service production at the work place and assigns his workers employed for that work only to …
Read More »Criteria for Work Permit of the Foreigners Started To Be Implemented
With a view of finalizing transactions for work permit requests of the foreigners in an objective and rapid way, as per the Article 13 of the Regulations on the Implementation of the Act No. 4817 on Work Permit of the Permits, the assessment criteria were determined with the Consent of …
Read More »The Process Required For Work Permit Applications In Turkey
Documents Required From The Company For Work Permit -Original signed and countersigned business contract between the employer and the employee -SSK report referring to the latest month, stating the numbers and names of Turkish and foreign employees working in the company. -Balance sheet or original income scheme approved by tax …
Read More »Amendment in Income Tax Law
It was expected that the rate of 35% in the income tax for the waged workers would be cancelled by the constitutional court and then a new constitutional arrangement would be made. 6009 no INCOME TAX LAW AND LAW ON MAKING AMENDMENTS IN DELEGATED DELEGATIONS AND SOME LAWS containing the …
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