Payroll in Turkey

Using the services of an accounting firm to deal with Turkish payroll service is much more recommended than having a department in the company. Our specialists can offer you payroll services in Turkey if you have a company in this country. With the help of these services, you will be able to pay the employees and take care of other important tasks in the company. See below for what Turkish payroll service entails.

What is payroll and when do you need it?

• • Accounting specialists can handle payroll in Turkey. They have access to the list of employees and their remuneration.
• • Before paying the salaries, the taxes to be paid are calculated.
• • Accountants use a special program to calculate salaries. First of all, the company determines how this payment is made: monthly, bimonthly or weekly.
• • Standard payroll execution is approved by the company management.
• • The actual payment of salaries follows, after the taxes have been calculated, maternity leave where applicable, benefits, etc.

Taxes paid by employees and employers in Turkey

• • Social security is 14% for the employer and between 15.5% and 20.5% for the employee.
• • Unemployment insurance means 1% from the employee, but also from the state, plus 2% from the employer.
• • In the case of maternity leave, women receive 2/3 of their daily earnings during the child's upbringing.

What are the parameters for Turkey payroll service?

• • Employer costs - are the taxes paid by the Turkish state company, according to the laws in force.
• • Employee costs - are payments for social security, unemployment, and maternity leave paid by the employer, together with the employee.
• • Gross salary - represents the gross salary before calculating the related taxes.
• • Net salary - is the salary received by the employee, after calculating taxes.

Why choose our payroll services in Turkey?