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Strategic investments are specially supported by the Republic of Turkey. Within the framework of the Investment Incentive System, investments that meet the following conditions at the same time are defined as Strategic Investments. Minimum fixed investment amount over TRL 50 Million The total domestic production capacity of the investment product is less than the import....

Investment Incentive System in Turkey consists of 3 sub-applications: General Incentive System Regional Incentive Practices Strategic Investments   The Investment Incentive System divides Turkey into 6 main regions. Region I is the most developed, VI. The region is the least developed region. VI from Region I. As you go to the Region, the rate and...

Human Resources consultancy includes performance management for the staff as a critical aspect of HR processes. The performance management process provides opportunities for supervisors and employees to assess how well an individual’s performance meets the requirements of the job. Performance management both includes employee satisfaction and business needs at the same time. Performance management is...

Sustainable development in low-to-middle-income countries can significantly reduce poverty by increasing jobs, boosting the economy and providing better access to services. Major developments in infrastructure and policies have greatly improved poverty rates in Turkey. The relative poverty rate has been reduced from 23.4% in 2007 to approximately 15% in 2020. One step in sustainable development...

Short-term, long-term and healthcare insurances are being given to the individuals in the Turkish social insurance system. Within the scope of short-term insurance branches, the following rights are given to our insured and beneficiaries: – Giving daily temporary incapacity allowance to the insured during the temporary incapacity for work, – Attaching permanent incapacity income to...

The social insurance system in Turkey is carried out under the control of the Social Security Institution. The Social Security Institution was established with the aim of realizing an effective, fair, easily accessible, actuarially and financially sustainable social security system at contemporary standards, which will secure people in terms of social insurance and general health...

The most important factor affecting the quality of life of people throughout life is to be in social security. Social security is the assurance of people being saved from the harms of social dangers by using premium or non-contributory systems as “human rights” and essentially “state duty” from the damages caused by social dangers that...

Pensions in Turkey can be public or private. Article 60 of the 1982 Turkish constitution (similar to Article 48 of the 1961 constitution) states that “Everyone has the right to social security and the State shall take the necessary measures and establish the organization for the provision of social security.” Until May 2006, there were three...

Republic of Turkey has involved into a radical transformation in its social insurance system in the year 2008. Turkey’s social security reform is one of the milestones in the country’s history that has been embracing all the citizens with easy access to healthcare services since 2008. The reform was one of the promises of then-Turkish...

Personal Income Tax Law (No: 193) which is about income tax, Social Security and General Health Insurance Law (No: 5510) which is about social security contributions and Unemployment Insurance Law (No: 4447) which is about unemployment insurance fund are the main laws about tax/benefit system. The main changes have been made to the following laws...