Human Resources Management (HRM) in Turkey has undergone significant transformation over the past few decades. As the country has shifted from an agrarian economy to an industrialized one, the role and importance of HRM have evolved accordingly. This article delves into the various aspects of HRM in Turkey, examining its historical development, current practices, challenges,…
Turkey, strategically located at the crossroads of Europe and Asia, offers a dynamic and promising investment landscape. With a rapidly growing economy, young and skilled workforce, and a strategic geographic position, Turkey is an attractive destination for investors. This article explores the various investment opportunities across different sectors in Turkey, highlighting key advantages, incentives, and…
Turkey, strategically positioned at the crossroads of Europe and Asia, offers a vibrant business environment with a robust tax system that investors and businesses need to navigate effectively. Understanding the Turkish tax landscape is crucial for compliance and optimal financial planning. This article provides an in-depth analysis of the taxation system in Turkey, covering corporate…
Navigating the cultural landscape of Turkey is crucial for business success in this vibrant and dynamic country. Turkey’s unique position, straddling both Europe and Asia, has given it a rich and diverse cultural heritage. Understanding and respecting Turkish culture, business practices, and social norms can significantly enhance your chances of success when operating in this…
Turkey, straddling the crossroads of Europe and Asia, presents a compelling market for businesses looking to expand. With a young population, strategic location, and a growing economy, the country offers numerous opportunities for international firms. However, entering the Turkish market requires a well-thought-out strategy that takes into account local business practices, regulatory environments, and cultural…
Starting and operating a business in Turkey presents both opportunities and challenges. The country’s strategic location, bridging Europe and Asia, offers a unique marketplace with access to a large domestic market and proximity to regional markets. However, navigating the Turkish business environment requires a thorough understanding of its regulatory landscape. This article provides an in-depth…
What are the impact of Economic Crisis in Turkey ? Turkey, a country straddling Europe and Asia, has faced several economic crisis over the past decade. These challenges have culminated in economic crises that have far-reaching implications for its population and economy. The impact of such crises is multifaceted, affecting various sectors and demographics differently.…
The 2024 Minimum Wage Support Procedures and Principles in Turkey outline the government’s measures to assist employers in managing the increased labor costs due to the minimum wage hikes. This support aims to alleviate the financial burden on businesses while ensuring workers receive fair compensation. Here are the key aspects of these procedures and principles:…
Here are the key points regarding tax payments, fee submissions, and notifications due in July 2024 in Turkey. The fiscal calendar for July 2024 in Turkey is packed with important deadlines for tax payments, fee submissions, and mandatory notifications. This month, businesses and individuals must ensure timely submission of various tax declarations, including income tax,…
For foreign-capital companies planning to invest in Turkey, partnering with the right tax and accountants is paramount. This article introduces these key professionals in a clear and straightforward manner. Categories of Certified Public Accountants in Turkey Certified Public Accountants (Financial Advisors) in Turkey fall into two primary categories: Is it Mandatory for Foreign Companies to…