Social Security Employer Premium Discount in Türkiye
The employer’s social security contribution discount has been reduced from five to four points, with an exception for the manufacturing sector, where the five-point discount remains in effect until December 31, 2026.
Amendments to the Regulation on the Implementation of the International Labor Force Law
With the amendments published in the Official Gazette on October 15, numbered 32693, significant changes have been introduced to the Regulation on the Implementation of the International Labor Force [...]
Updated Work Permit Evaluation Criteria in Türkiye
The work permit evaluation criteria, applied under the Additional Article of the Regulation on the Implementation of the International Workforce Law, have been updated in accordance with Article 22 [...]
Understanding the Social Security System in Turkey
The social security system in Türkiye underwent a significant transformation process in 2007. As a result of this process, different social security funds were consolidated under a single institution, [...]
COMMUNIQUÉ NO. 2022-32/66 ON THE AMENDMENT OF THE COMMUNIQUÉ NO 2008-32/34 ON THE DECREE NO. 32 ON THE PROTECTION OF THE VALUE OF THE TURKISH CURRENCY GalleryCOMMUNIQUÉ NO. 2022-32/66 ON THE AMENDMENT OF THE COMMUNIQUÉ NO 2008-32/34 ON THE DECREE NO. 32 ON THE PROTECTION OF THE VALUE OF THE TURKISH CURRENCY
COMMUNIQUÉ NO. 2022-32/66 ON THE AMENDMENT OF THE COMMUNIQUÉ NO 2008-32/34 ON THE DECREE NO. 32 ON THE PROTECTION OF THE VALUE OF THE TURKISH CURRENCY
On April 21, 2022, a press briefing on the Communiqué No. 2022-32/66 has been released on the web page of Ministry of Treasury and Finance to provide further details on the implementation of Communiqué No. 2022-32/66.
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.