THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE LEGAL OR TAX ADVICE. You should always consult with and rely on your own legal and/or tax advisor(s). G-P does not provide legal or tax advice. The information is general and not tailored to a specific company or workforce and does not reflect G-P’s product delivery in any given jurisdiction. G-P makes no representations or warranties concerning the accuracy, completeness, or timeliness of this information and shall have no liability arising out of or in connection with it, including any loss caused by use of, or reliance on, the information.
Employer of Record in Türkiye.
G-P provides employer of record services for customers that want to hire employees and run payroll without first establishing a branch office or subsidiary in Türkiye. Your candidate is hired via G-P’ Türkiye PEO in accordance with local labor laws and can be onboarded in days instead of the months it typically takes. The individual is assigned to work on your team, working on your company’s behalf exactly as if he or she were your employee to fulfill your in-country requirements.
Payroll in Türkiye.
Türkiye is only two or three hours from many major European destinations, and it’s often seen as a bridge between the European Union (EU) and Asia. With tax and non-tax incentives for foreign investors, Türkiye is friendly to foreign incorporation and is a great location for companies looking to expand.
Hiring in Türkiye.
Recruiting and hiring are two of the most important tasks you’ll take on during an expansion. Your new employees will help you build your location from the ground up, and you need dedicated team members who are talented at what they do. However, it’s difficult to find the time to recruit these candidates when you’re also dealing with compliance, payroll, compensation, and a host of other responsibilities.
Compensation & Benefits in Türkiye.
Compensation & Benefits in Türkiye.
Your employees need to receive a certain level of compensation to accept a position with your company, and you need to meet Türkiye’s compensation laws. In addition, your Türkiye benefits management plan must provide statutory benefits so that you can stay compliant. Unfortunately, sourcing benefits and learning the country’s compliance laws can prove challenging on top of handling an entire expansion.
Türkiye Subsidiary.
Congratulations on deciding to expand to Türkiye! Your company will soon reap the rewards of an expansion, from recruiting new, talented candidates to forming important business relationships around the world. However, you can’t start to realize these benefits until you spend months learning how to set up a Türkiye subsidiary and ensure you’ll stay compliant.
Türkiye Visas & Permits.
Expanding to Türkiye will give you the chance to form new business relationships, enter current markets, and find talented employees. However, every foreign worker needs both a work visa and a permit to move to and work in Türkiye. If you’re not familiar with how to get a work visa in Türkiye, you could deal with non-compliance on top of all the other aspects of a global expansion.