As the Employment Law Department of Esin Attorney Partnership, we are pleased to share with you our monthly newsletter.
This newsletter provides a summary of the recent legal developments in relation to employment matters in Türkiye.
Work Permit Fees and Valuable Paper Fees Increased
Effective date: 7 July 2023
Summary
Pursuant to the Presidential Decree No. 7344 published in the Official Gazette of the Republic of Turkey ("Official Gazette") dated 7 July 2023 and numbered 32241 ("Decree"), the fixed fee amounts stated in the tariffs attached to Fees Law No. 492 and applied in 2023 have been increased by 50%.
Important details
- The Decree increased the fees to be paid during the application process by 50%.
- In this regard, until 31 December 2023, the fee for a work permit valid for up to one year is TRY 4,635.30 (approximately USD 171).
Omnibus Law on Minimum Salary Support and Increasing the Old Age Pension is Published
Effective Date: 15 July 2023
Summary
Omnibus Law No. 7456 published in the Official Gazette No. 32249 dated 15 July 2023 increased pension amounts including for those benefiting from the legislation on Early Retirement Despite Failing to Meet the Age Requirement (Emeklilikte Yaşa Takılanlar in Turkish ("EYT"). Furthermore, the minimum salary support to be paid to employers by the Social Security Institution ("SSI") as of July 2023 has been determined.
Important details
- Pension payments have been increased by 25% effective from the payment period of July...
Read Full Story:
https://news.google.com/rss/articles/CBMiX2h0dHBzOi8vd3d3Lm1vbmRhcS5jb20vdHVy...