LEGAL BASE : Law No 5253 on Associations and Turkish Civil Code Nr.4721. GOVERNING DOCUMENTS : ANNEX – 9 : Statute ANNEX – 6 : Application Form for Foreign Legal Entities Necessary for Carrying Out Activities in Turkey ANNEX – 8 : Annual Activity Report
The notion of Crimes against Humanity inter alia has been emerged as one of the rapidly developing subject of International criminal law during the 20th century. The concept has taken attention of the international community after commission of widespread inhuman acts during and after two world wars. The crime against humanity emerged as a dynamic field [...]
Under Turkish Law, Working Hours and Overtime Work is mainly defined and explained by the respective articles of following Turkish Legislation. Turkish Labor Law (Law no. 4857) - (OJ. 10.06.2003: 25134) The Working Time Regulation in relation to the Labor Law (Working Time Regulation) - (OJ. 06.04.2004: 25425) Regulation on overtime and extra hours pursuant to the Labor Law [...]
The obligations outlined in the Law on Occupational Health and Safety issued on June 30, 2012 and numbered 6331 have come into effect as of January 1, 2013 for all companies with more than 50 employees.
Yabancı Çalışanların Sigortalılıklarında Uygulanacak Mevzuatın Belirlenmesi* Kural olarak yabancı işçilerin tabi olacakları Sosyal Güvenlik mevzuatının belirlenmesine yönelik kurallar lex Loci laboris prensibine göre belirlenir. Genel olarak bir başka ülkede hizmet akdi ile çalışan yabancı uyruklular, çalıştıkları ülkenin mevzuatına tabidirler. Bu prensibe göre uygulanacak mevzuat, işçinin işini mutad olarak yaptığı işyeri hukuku olarak belirlenmiştir. Normal koşullar altında [...]
Liquid Assets and Financial Liabilities 1. Cash 1. Bank Loans 2. Cheques Received 2. Current Maturities of Long Term Credits and Accrued Interest 3. Banks 3. Current Maturities of Bonds and Accrued Interest 4. Cheques Given and Payment Orders (-) 4. Bonds and Notes Issued 5. Other Liquid Assets 5. Other Securities Issued 6. Other Difference of Securities Issued (-) 7. Other Financial Liabilities
Updated: 01.01.2018 Fixed parameters of 2018 presented in this page represents basic payroll accounting in Turkey. However please note that there might be other benefits and allowances applicable to the employees. Below calculations excludes daily food, family and children allowances and other exemptions. Also please consider that, following information is for informational [...]
Severance pay refers to a compensation that employers are required to provide employees whose job contract is ended due to listed reasons under Turkish Labor Law. Severance pay approximately amounts to a month of gross salary for every year that the employee was with the company.
STATUTORY LEAVES UNDER TURKISH EMPLOYMENT LAW Under Turkish Labor Law (Law no. 4857) there is a variety of leaves provided to the employees. Availability of the leaves and their length is determined in different articles of the Turkish Labor Law. Types of leaves under the Turkish labor law are as follows; ANNUAL LEAVE In Turkey, all [...]
Law no. 5901 on Turkish Citizenship defines the principles and procedures on the conduct of affairs and processes relating to the acquisition and loss of Turkish citizenship.  Turkish citizenship may be acquired by birth or after birth Turkish citizenship automatically acquired by birth on the basis of descent or place of birth. On the other [...]