Grimag

  • BackStage
  • Bizz
  • Entertainment
  • Entrepreneurship
  • Funding
  • Inspiration
  • Law
  • startups
  • Tech

Payroll in Turkey: Choose the right solution for your business

When starting a business abroad, many considerations need to be taken into account as to avoid any mistakes. The question of payroll in Turkey is one that foreign investors tend to ponder as their workforce may have unusual characteristics. For instance, they may want to bring in some of their own people and to hire Turkish workers all at once, requiring various administrative matters to be perfectly in order. Others might need to consider recruitment in Turkey in order to build a small team there to serve as the liaison between their headquarters and some Turkey-bound suppliers and manufacturers. Whatever your own situation, here is what you should know about payroll in Turkey.

Payroll in Turkey: How does It Work?

Turkish employment laws and employee rights are governed by strict policies. If you wish to be able to put workers on the payroll in Turkey, your company first needs to be legally registered in the country. The MERSIS website is a good place to start as you will find a list of all the documents you need to have notarised before submitting them online to get the process started. Of course, prior to establishing a company, one much choose its legal status based on the type of business they wish to carry out and how they decide to handle recruitment in Turkey. To be certain that you do not make any mistakes when setting up your subsidiary or other organisation, calling upon local experts is an excellent idea. Azkan Group, for instance, will not only help you make the right calls, but will also deal with all administrative matters on your behalf for a turnkey solution.

Handling Payroll Internally

As it would do from any other country, handling payroll in Turkey requires dedicated HR and accounting departments. Your teams should be perfectly familiar with the laws and regulations of recruitment in Turkey and understand how to calculate your workers’ wages and manage leaves of absence, parental leave, holiday pay, overtime, etc. This is why some foreign investors often find themselves having to set up a full-fledged company even though they only need a small team on site.

Having an Umbrella Company Handle Payroll

Fortunately, there exists an alternative if you are simply looking to test a new market or to set up a liaison managing dealings between your organisation and your Turkish suppliers or manufacturers. Umbrella companies, such as Azkan Group, not only help foreign investors establish their business in Turkey, but offer to act in their name on Turkish soil.

Recruitment in Turkey is best left in the hands of professionals as specialised organisations have access to the most extensive database of talents in the entire country. This means that umbrella agencies use their privileged stance to find the most highly skilled workers for the position you need filled.

What makes umbrella companies such a compelling is that, by going through them, you can dispense with the obligation of creating a company altogether. They are duly accredited to represent your interests and, as such, can even handle payroll in Turkey on your behalf. In practical terms, they would hire the employees themselves, take care of any administrative matters, and pay their wages, leaving you free to surround yourself with as many or as few associates as you require. These workers will report to you as far as their everyday duties are concerned but turn to local professionals for any HR-related issues.

This solution allows you to focus on your core activities and to expand at your very own pace, knowing that you will be supported every step of the way.

Sep 28, 2020Bizzvenue Team
Brexit : a new era for the UKAdvertising and its importance for companies
Bizzvenue Team
2 years ago Entrepreneurshipazkan group, payroll, turkey, umbrella
Social Media
Join the Inner Circle
Stop Pretending to Understand Net Neutrality
.
Let’s Work Together
.
What Do You think?
Who Would You like Your Co-Founder to Be?
180 votes · 2 answers
Vote
Follow on Instagram
What we like
.
About BizzVenue
"The best way to predict the future is to create it". Find out what BizzVenue is all about.
Social
Join the Inner Circle
Contact Us

Got any tips? Questions? Ideas? Complaints? Drop us a line.

Email: Contact@BizzVenue.com

KNOW YOUR RIGHTS!
We know no one ever reads this stuff, but we would love to think that you took a few minutes to look at our privacy policy and our terms of use.
WRITE FOR US
Do you think you might be interested in writing for us? If so, read on by clicking here.
2014-2015 © BizzVenue