PAYROLL BASICS (2020)
Last Update: 28 Dec. 2019 Fixed parameters of 2020 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. [...]
RESTRICTIONS ON CERTAIN FOREIGN CURRENCY OR FX INDEXED CONTRACTS New Exceptions to the Ban on Foreign Currency Contracts
On October 6, 2018 Communiqué no 2018-32/51 published in the official gazette and further clarified scope of article 4(g) by amending communiqué no 2008-32/34 regarding decree no. 32 on the protection of the value of Turkish currency.
MANDATORY MEDIATION IN LABOR DISPUTES
Law no 7036 on “Labor Courts” (LLC) aiming to regulate the establishment of Labor Courts, their duties, authorities and trial procedures, was published in Official Gazette and entered into force on October 25, 2017.
NEW TURQUOISE CARD OF TURKEY
This post was published in Hurriyet Daily News on March 27, 2017 In line with Articles 11 and 25 of Law No. 6735 on International Labor Force, rules and procedures on the newly established Turquoise Card [...]
AUTO – ENROLLMENT INTO STATE SUBSIDIZED INDIVIDUAL PENSION SYSTEM
Law no 6740 on “Amending the Law on Individual Pension Saving and Investment System”[1] entered into force on 01/01/2017. Law no 6470 added “additional article 2” to the existing Law no 4632 on the” Law [...]
GUIDE TO LAW OF ASSOCIATIONS (INGOs)
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
