Your trusted partner in Turkey
BusinessEnablerPlanning to do business in Turkey? Knowing who you’re dealing with can make or break your success. Understanding key details about your potential partners or competitors—such as their financial health, legal status, and operational credibility—can significantly impact your business decisions. The MERSIS system (Merkezi Sicil Kayıt Sistemi), Turkey’s central registry managed by the Ministry of … Read more
Understanding leave entitlements in Turkey is crucial for both employers and HR professionals. This guide breaks down the various types of leave, helping organizations maintain compliance while ensuring employee well-being. Whether you’re an HR professional or business owner, this comprehensive overview will help you navigate Turkish leave regulations effectively. 1. Paid Annual Leave Under Turkish … Read more
Understanding the USD/TRY exchange rate is more than just numbers for businesses in Turkey; it’s a strategic necessity. With contracts, revenues, and expenses frequently crossing currency lines, the exchange rate can dramatically influence your bottom line. Navigating these currency waves requires skill, precision, and foresight to protect your financial interests. As we enter 2025, with … Read more
In Turkey, limited companies (“Limited Şirket”) benefit from a separate legal identity and limited liability. However, they must also adhere to a range of taxation obligations. This article explains the primary taxes applicable to limited companies in Turkey and outlines a payment calendar to help you to track payment deadlines. Key Taxes for Limited Companies … Read more
For all types of companies, it is mandatory to declare an address in Turkey. Typically, this would be the primary office, shop, or facility where the company’s main activities take place. As part of the company formation process, an officer from the trade registry visits this declared address. Virtual Office If the company does not … Read more
According to the decision of the Ministry of Labor and Social Security, minimum wages have been increased by 30% for the year 2025, as detailed below. Employer Cost 30,556.44 TRY Gross Minimum Wage 26,005.50 TRY Net Minimum Wage 22,104.67 TRY At the beginning of the year, based on the USD/TRY exchange rate, the total employer … Read more
For businesses operating in or investing in Türkiye, understanding the 2025 public holiday schedule is key to managing operations, scheduling workforce needs, and navigating market dynamics. Türkiye’s standard workweek runs Monday to Friday, with Saturday and Sunday typically off—despite legislation marking Saturday as a half-day, most firms treat it as a full weekend day. In … Read more