Expanding Your Business to Turkey
Expanding Your Business to Turkey: How an Employer of Record (EOR) Can Help
Expanding your business into new international markets offers significant growth opportunities, but it also presents challenges such as navigating local labor laws, managing payroll, and ensuring compliance with regional regulations. In Turkey, partnering with an Employer of Record (EOR) can streamline this process, allowing companies to establish a presence without the need to set up a legal entity.
What is an Employer of Record (EOR)?
An Employer of Record is a third-party organization that becomes the legal employer of your workforce in a foreign country. While your company directs the day-to-day activities of the employees, the EOR handles all formal employment responsibilities, including:
- Drafting and managing employment contracts in compliance with Turkish labor laws.
- Overseeing payroll processing, tax deductions, and social security contributions.
- Administering employee benefits and ensuring statutory entitlements are met.
- Managing visa and work permit applications for expatriate staff.
- By assuming these responsibilities, the EOR mitigates risks associated with non-compliance and allows your company to focus on core business activities.
Benefits of Using an EOR in Turkey
Rapid Market Entry: An EOR enables your company to hire employees quickly without the time-consuming process of establishing a local entity.
Compliance Assurance: With expertise in Turkish labor laws, an EOR ensures that all employment practices adhere to local regulations, reducing the risk of legal issues.
Cost Efficiency: Avoiding the setup and maintenance costs of a subsidiary allows for more efficient allocation of resources.
Administrative Relief: The EOR manages administrative tasks such as payroll, taxes, and benefits, freeing your team to concentrate on strategic objectives.
Why Choose Astra Consultancy as Your EOR Partner in Turkey?
At Astra Consultancy, we specialize in providing comprehensive EOR services across Turkey, including major cities like Istanbul, Ankara, and Izmir. Our tailored solutions are designed to meet the unique needs of your business, ensuring a seamless expansion into the Turkish market.
Our services include:
Payroll Management: Accurate and timely payroll processing in compliance with Turkish regulations.
Recruitment Support: Assistance in sourcing and onboarding top talent to drive your business success.
Work Permit Assistance: Guidance through the complexities of obtaining necessary permits for expatriate employees.
Umbrella Company Services: Providing a legal framework for employing staff in Turkey without establishing a separate entity.
Partnering with Astra Consultancy ensures that your expansion into Turkey is efficient, compliant, and strategically sound. Let us handle the complexities of employment so you can focus on growing your business.
For more information on how we can support your business expansion in Turkey, please visit our website or contact us directly.
