The Turkish social security system predominantly resembles the Bismarck system which has more regulatory measures in the labor market than a liberal system. The primary legislation about the Social Security system is the Social Security and General Health Insurance Law and the main official regulatory and supervisory authority for social insurance is the Social Security...
Per Article 27 of the International Private and Civil Procedure Law numbered 5728 and the provisions of the Turkish Labor Code numbered 4857, Turkish Labor Law is generally applicable to employment contracts when the work is performed within the borders of Turkey. Even if there is a choice of law in the contract, the employee...
First and foremost, there is no specific regulation for foreigners under Turkish Law concerning rental agreements. In Turkey, the law regarding the rental of commercial properties is generally based on legal regulations such as the Turkish Obligations Code – Provisions of Leasing of the Residential Premises and Business Premises with Roof (Turkish Code of Obligations...
The Turkish legal system is based on a civil law system heavily influenced by Swiss, Italian, and German legal traditions. Here’s a brief summary of its key aspects: Constitutional Framework Turkey’s legal system is governed by its Constitution, which outlines the basic principles of the state (democratic, secular and social state) fundamental rights and freedoms,...
Fees for Establishment Procedures in Turkey As of 2024, according to the tariff published, the company registration and other Trade Registry fees and charges are as follows; Establishment Fee (Establishment transactions are exempt from fees) Book Certification Fee + Foundation Certification Fee + TTSG Announcement Fee + Announcement Expenses Branch Opening Fee 20.650,50 TRY +...
Pursuant to Article 6 of the Regulation, the Ministry of Industry and Technology (‘Ministry’) authorises companies established under the laws of foreign countries to open liaison offices in Turkey provided that they do not carry out commercial activities in Turkey. The documents required for the application to the Ministry to establish a liaison offices in Turkey...
Businesses Whose Main Activity Is Subject To Authorisation Although other blogs mentions some companies whose establishment is subject to authorisation, in accordance with specific legislation, companies that will be engaged in certain fields of activity are also required to obtain authorisation. These fields of activity are scattered throughout the legislation. For example, in order to...
Free Trade Zones in Turkish Law Free Trade Zones (FTZ) were established in Turkey through the Free Zones Law No. 3218 (FZL) in 1985. There are currently 21 Free Zones in Turkey, all established in accordance with this law. Regardless of location, they are all subject to the same legislation, ensuring that the opportunities afforded...
Establishing of Branch by Companies Headquartered in Turkey Branches of companies headquartered in Turkey are registered to the trade registry of the place where they are located by referring to the commercial records of the head office. In this context, it will be sufficient to complete the branch establishment documents and apply to the trade...
Foreigners wishing to establish a company in Turkey should apply to the Trade Registry Directorate where the company headquarters will be located, together with the following documents, taking into account the other explanations made according to the relevant company type. Although some of this process can be carried out by logging in through MERSIS within...
