Chinese companies made it to top 3 in ‘’Top 250 International Contractors.’’

Turkey has 17 construction companies on the list.

Names and rankings of the Turkish companies are as follows:

Renaissance Construction – 82

Alarko Contracting Group – 108

Limak Insaat Sanayi ve Ticaret A.S – 121

Kolin Insaat Turizm Sanayi ve Ticaret A.S – 152

TAV Construction – 153

Cengiz Construction Industry & Trade Co. Inc. – 161

Gap Insaat Yatirim ve Dis Ticaret A.S – 163

Tekfen Construction and Installation Co. Inc. – 170

Mapa Insaat ve Ticaret A.S – 179

Enka Insaat ve Sanayi A.S – 185

Yapı Merkezi Insaat ve Sanayi A.S – 190

Nurol Construction and Trading Co. Inc.  – 206

Ant Yapı Industry and Trade Corp. – 207

İçtaş Insaat Sanayi ve Ticaret A.S – 211

Bayburt Grup – 231

Makyol Insaat Sanayi Turizm ve Ticaret A.S – 233

GAMA – 246

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

We will take a group of 15 people abroad for this work, service export. Should we carry out our activities regarding this work in our company in Turkey or should we establish a new company there?

Are there any tax advantages? How can we excise our income?  Would there be any benefits if we took our employees through İŞKUR?

(24.12.2018 08:58)

Please get information from the Uzbekistan Consulate for the taxation system in Uzbekistan. Compare it with Turkish Taxation System. Earnings from abroad are declared in Turkey. If there are taxes paid in the related country, they are set off.

Source: İSMMMO
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

Hereunder;
1- Hereby with this document, in accordance with the 3458 numbered Law about engineering and architecture, the foreign personnel granted work permit can not be employed with the title of engineer, architect or city planner or vote or put signature within the borders of the Republic of Turkey.
2- Hereby with this document, in accordance with the article 3 of 1136 numbered legal profession act, the foreigner granted work permit can not practice as an attorney in Turkey.
3- This document is regulated within the scope of 2527 numbered Law, it will enter into force when there’s a membership record in the related trade association.
4- This document is valid along with the Validation document which will be taken from Ministry of Transport, Directorate General of Civil Aviation and that will validate the licences of foreign pilots and technicians in Turkey.
5- The foreigner who was granted a work permit with this document, can not practice their professions and duties which are confined to Turkish Citizens with the related laws.
6- The foreigner who was granted work permit with this document, can not practice the profession of pharmaceutist according to article 2 of the Law numbered 6197 about Pharmaceutists and Pharmacies.
7- Work permit given to foreign engineers and architects, in accordance with the article 36 of 6235 numbered law of Union Of Chambers Of Turkish Engineers And Architects will only gain validity with the condition of becoming a member/extending the membership to the respective Chamber in 1 month at the most.
8- In accordance with the Veterinary Law numbered 6343, the foreigner who is granted work permit with this document can not practice the veterinary practice in Turkey.
9- The Foreigner granted work permit with this document can not practice dentistry in Turkey in accordance with the 1219 numbered Law on The Mode Of Execution Of Medicine And Medical Sciences.
10- The Foreigner granted work permit with this document can not practice captainship within the coastal waters of Turkey in accordance with the 815 numbered Cabotage Law.
11- When applying for work permit extentions; it’s obligatory to prove the contributions to national economy and local workforce accession with the title of shareholder and to fulfil duties related to national legislation.
12- The shareholder/company owner who was granted work permit must employ at least 5 (five) Turkish citizens in their workplace, only for the first 6 month this condition is not obligatory. It’s obligatory to fulfil the requirement since the 7th month of work permit period. Otherwise work permit extension request won’t be accepted.
13- The foreigner granted work permit with this document must be employed in accordance with the Labor Law numbered 4857, article 71 and Regulation Provisions based on this article about The Employment Rules and Procedures of Employing Children And Adolescents, In the detection of a contrary case, the necessary legal and administrative sanctions will be imposed.
14- In the event of Circus Companıes touring in Turkey the foreign personnel list must be declared to the provincial security directorate depending on the city the Circus will work in.
15- Work Permit Document, is given as “preliminery permission” in accordance with the 12th article of the 4817 numbered Law for the completion of the foreigners academic and professional facilities.

Source: Ministry of Labor and Social Security

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

2- HOW OFTEN ARE SAFETY PRACTICE EXAMS MADE?
General Directorate determines exam schedule (twice or three times a year).

3- IS IT POSSIBLE TO BE ON-SITE DOCTOR OR SAFETY PRACTICE WITH INSTRUMENT OF ACCESSION RECEIVED AT THE END OF SAFETY PRACTICE TRAINING?
Certificate of Safety Practice; is given by the General Directorate after persons, who are graduated from engineering, architecture, technical staff, occupational health and safety training, do well in the safety practice exam.

Certificate of on-site doctor; is given to doctors doing well in the exam prepared at the end of on-site doctor training by the Ministry.

One cannot be on-site doctor or safety practice with instrument of accession.

4- WHO GIVES THE CERTIFICATE AFTER SAFETY PRACTICE TRAINING AND EXAMS?
Certificate is given by Turkish Ministry of Labor and Social Security General Directorate of Occupational Health and Safety.

5- IS THE CERTIFICATE OF SAFETY PRACTICE RECEIVED FROM UNION OF CHAMBERS OF TURKISH ARCHITECTS AND ENGINEERS BEFORE THE DATE OF 15.8.2009?
Safety practice was defined in the Labor Law numbered 4857 for the first time. As a result of that, certificates given by Turkish Ministry of Labor and Social Security are valid as of the date of 2004.

Source: Turkish Ministry of Labor and Social Security

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

Here are some essential facts and figures about the Turkish mining and metals sector:

• The sector’s total production value soared to USD 13.2 billion in 2014, up from USD 2.6 billion in 2003.
• Turkey’s young, dynamic, and well-educated labor force offers a high-quality labor pool.
• There are 30 mining engineering departments in 26 cities in Turkey, while five new mining engineering departments have been opened since 2005. The number of mining engineers in Turkey has increased by more than 50 percent since 2005, now reaching 30,000.
• Turkey’s advantages for players in the mining sector are not limited to a high-quality labor pool, but also include relatively low logistics and drilling costs, proximity to major markets, lucrative government incentives, and highly competitive taxes.
• As a result of its remarkable economic growth, years of political stability, structural reforms, and the backing of governmental bodies, Turkey attracted USD 201 million of FDI to its mining industry in 2015, while mining exports in the sector totaled USD 3.9 billion.
• These figures prove investors’ increased interest in Turkey, as today Turkey hosts more than 750 international mining companies, up from only 138 in 2004.

Turkey’s regional investment incentive system is based on a descending pattern where regions vary in a range of 1 to 6 based on their level of development, with 6 being given to the least developed regions. With this system, the most advantageous incentives are offered to the lesser-developed regions. Mining is one exception to this scheme, as most investments in the mining sector are supported with incentives extended to Region 5, regardless of the investment’s location.

 Date: 13 March 2017

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.