CLASSIFICATION OF THE COMPANIES UNDER THE TURKISH COMMERCIAL CODE
In Turkey, the companies can be incorporated in accordance with various laws. The companies incorporated according to the Turkish Commercial Code are classified as sole proprietorships and equity companies. On the other hand, the cooperative companies can be specified according to the Cooperatives Law and the ordinary partnerships can be specified according to the Code of Obligations.
TAXING WAGES (Income Tax & Stamp Tax)
Law No. 7349 regarding amendments to the income tax law and certain other laws, has entered into force on 25 December 2021.
TURKISH SEVERANCE PAY SYSTEM – AT GLANCE
The severance pay is referred to as the payment made upon the termination of the employment contract based on the seniority of the employee within the [...]
DEFINING RESILIENCE: “BOUNCE BACK”
Resilience, as an ambiguous, complex term, within its contested definitions, there is no straight definition of resilience exists in the literature. Many operational definitions indeed echo similar thought as [...]
REMOTE WORK REGULATION
Remote work regulation has been published on March 10, 2021 in the official gazette.[1] Regulation is prepared pursuant to Article 14 of the Turkish Labor Law No. 4857[2] and [...]
SOCIAL SECURITY OF THE FOREIGN NATIONAL EMPLOYEES
Determination of the Applicable Law Regarding the Social Security of the Foreign National Employees* (Excerpt from forthcoming book chapter. All rights reserved.) In principle, the principles regarding the Social [...]
