Payroll processing and reporting in Turkey is easy when you have the right local expertise.
It's possible to have an employment contract in any
convertible currency in Turkey. That, along with the ability to
negotiate your salary terms in net or gross taxes is very appealing
for employees. Also, as payroll taxes are deducted at source and
paid on a monthly basis, personnel (with no other sources of
income) are spared the headache of annual filings.
However, these advantages can make Turkish payroll processing
quite challenging and time-consuming for companies due to the
conversions, calculations and timings required. Turkish legislation
also specifies that payroll processing should be carried out
separately for each workplace, so, if your business operates in
five cities, five separate payrolls and relevant social security
filings must be submitted.
