SGK (SGK- sosyal güvenlik kurumu, translated as - social security institution). This is a separate state organization that performs accounting, accrual and control payment for social and insurance contributions. A very large and influential organization in the country.

SCC payments are accrued to all legal entities for each employee and for each founder. The amount is approximately 30% of the minimum wage (calculation formula - minimum wage * 34.5% * 29/30, where minimum wage is the minimum wage). It includes pension contributions, individual income tax, social tax and medical insurance. I don’t know the size of each collection, I didn’t delve into it, and I don’t see the point if it is transferred in a single amount to a single account.

If you have a negative GCC or tax balance, you will not get a work visa.

If the founder is a foreign citizen, is not a director and does not want to pay the CGS, then he may not do this, the negative balance will be reset in 5 years (but this is not certain ).

As soon as the company starts paying the GCC, you will see in your personal e-devlet system how much you have left to work towards retirement.

Paying the SHC exempts you and your family (wife, children under 18) from compulsory health insurance and makes it possible to use state medical facilities on an equal footing with Turkish citizens (but this is not certain).

 

Accountant:

perhaps someone will have a question, how is the interaction with the accountant, how is he there, you are in your office, and so on. As I wrote above, the accountant you hired will keep "tax" records. That is, every month on a certain day, you are obliged to throw off or take documents to the accountant on receipt and expenditure. He will submit declarations on them, he will stitch these documents together and store them in his archive. You can keep copies for yourself. Management and accounting (in the sense that they understand themselves in the CIS countries) you need to conduct yourself or hire an employee, depending on your turnover and the profit of the company. Just like in your own country, you can buy an accounting program on official websites or download a pirated copy - this is your purely personal opinion.

I hope I have presented the information in detail and it has become clear to you how and what to do to open a company in Turkey. If you have questions, post them in the comments below or write to any of the means of communication below. I am always ready to answer them.

 So let's summarize:

• I wrote to you how to open a legal entity.

• It is not difficult to open a company in Turkey, but it may be a little more expensive than in your country.

• In terms of time, the full cycle takes about 3 months, but if you count only the documentation, then no more than a week.

• YES, for every working foreigner, 5 Turkish citizens must be hired, but this is not always necessary.

I didn’t write about taxes here, maybe somehow there will be a desire, and I’ll write everything in detail until we put this question aside.

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The material is written for those who wish to open a company in Turkey on their own. Well, as you understand, those who are in Alanya contact us, we will help you open a company, introduce you to an accountant, we will go through all the stages together with you and it will cost many times cheaper than various companies offer you on websites. Opening other types of firms is also possible, but there are slightly different procedures and steps. I don't see the need to list them all here. When writing this material, I set my task to explain the basic principles of opening a company in Turkey.

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P/S everywhere where I write “but this is not accurate”, it only says that I have not verified this, but there are all prerequisites for assuming that this is the case. It is not always possible to check how the legislation works.

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I wish you success and prosperity to your business!

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