What are the solutions offered by Sthatam as an umbrella company in Turkey ?
Umbrella Company in Turkey is to go through a second company able to recruit the Turkish employee you want to recruit.
The different actors involved in Umbrella Company in Turkey.
Practical case :
Company A is specialized in the manufacture of synthetic rubber for tires in France. This entity wants to export its materials in Turkey. However, she needs a local sales representative who can come into contact with factories assembling tire materials.
Investments required by creating a company in Turkey
Creating a company in Turkey to recruit only one employee requires too much investment.
This is where the company B (Umbrella Company Turkey) comes in, which recruits the commercial in question.
The Umbrella Company Turkey will take care in particular:
– the recruitment of the employee
– the edition of his payslip
– the payment of his salary
– employee and employer contributions
Why does this company A, which specializes in synthetic rubber tires, choose Turkey for its future exports?
In 2016, Turkey produced 1,360,000 vehicles (source: OSD / Turkish Association of Automobile Manufacturers).
The country breaks production and export records, the annual production capacity is around 1.7 million vehicles. Production reaches 16%, and exports 12%. The numbers are higher than the previous year, the record level was reached.
Currently, Turkey is considered first in the production of commercial vehicles in Europe, in addition to being the 7th largest car producer on the continent.
Payroll Turkey can be defined as a concept that is halfway between self-employment and wage labor. It is aimed more at employees with good expertise in the sector concerned. Turkey’s wage-earning system protects employees by providing them with a contract of employment in the porting company in question.
Company B (the umbrella company Turkey) will pay all employer and wage burdens in Turkey, including:
– employee’s social security
– social security of the employer
– unemployment rate (for employee and employer)
– income tax
– stamp duty
Do not hesitate to contact us in order to get more informations about your projects in Turkey.