Turkey has introduced new regulations concerning the employment of foreign workers, impacting companies hiring foreign nationals. These updates emphasize work permit applications, capital requirements, employment conditions, and salary standards. The following updates are particularly important for employing foreign workers in your company in Turkey.
1️⃣ Capital Requirement for Companies Employing Foreign Workers
As of October 1, 2024, companies seeking to hire foreign workers must meet a minimum paid-up capital requirement of 500,000 TL. This rule plays a significant role in work permit applications and ensures financial stability within businesses employing foreign personnel.
2️⃣ Employment Requirement for Foreign Shareholders
Foreign nationals who are shareholders in a company must comply with revised employment conditions. Previously, companies were required to employ 5 Turkish citizens only in the last 6 months of the foreign shareholder’s work permit. Under the new rule, this employment requirement starts from the 7th month of the work permit and continues every month thereafter. This regulation is crucial for maintaining valid work permits for foreign shareholders and should be considered when employing foreign workers in your company in Turkey.
3️⃣ Exemption from Employment Criteria for Large Enterprises
Companies with net sales revenue of 50,000,000 TL or more in the last fiscal year are exempt from the employment criteria for work permit applications involving up to 5 foreign workers. This update is designed to support large-scale enterprises in hiring foreign personnel efficiently, providing more flexibility when employing foreign workers in your company in Turkey.
4️⃣ Minimum Wage Conditions for Foreign Workers
The work permit application process requires that the salary of foreign workers is determined based on the gross minimum wage in effect at the time of application. The minimum salary requirements are:
–Senior executives and pilots → At least 5 times the gross minimum wage.
–Engineers and architects → At least 4 times the gross minimum wage.
–Other managers → At least 3 times the gross minimum wage.
–Jobs requiring expertise and skills → At least 2 times the gross minimum wage.
–Domestic workers and other professions → Not less than the gross minimum wage.
Key Takeaways for Work Permit Applications
500,000 TL paid-up capital is now required for hiring foreign workers.
Foreign shareholders must employ 5 Turkish citizens from the 7th month onwards. Large enterprises with 50,000,000 TL net sales revenue are exempt from certain employment conditions.
Minimum wage requirements are strictly defined for various professional levels.
These regulatory changes impact all companies applying for foreign worker permits. Ensure compliance with the latest work permit application rules to avoid legal issues and maintain smooth business operations. These updates are essential if you are employing foreign workers in your company in Turkey.
For more detailed information, please refer to the official announcement: 2024 Update: Critical Changes to Work Permit Applications for Foreigners in Turkey.