Cost of Doing Business in Turkey
|
USD |
|
Net Minimum Wage |
400.7 |
| + Gross Minimum Wage |
506.7 |
- Social security premium payment (14%)
|
70.9 |
- Payment into unemployment insurance fund (1%)
|
5.1 |
|
|
26.6 |
- Minimum living allowance*
|
38 |
|
|
3.3 | | |
|
|
|
Total Deduction |
105.9 |
|
Cost for Employer |
|
|
|
|
506.7 |
- Employer’s share of social security premium (19.5%)
|
98.8 |
- Employer's payment into unemployment insurance fund (2%)
|
10.1 | | |
|
Total Cost for Employer |
615.6 |
|
* For single individuals without children and may vary according to marital status and number of children.
Source: Ministry of Labor and Social Security of the Republic of Turkey
Valid for the first half of 2011
USD 1 = TRY 1.6 as of May 2011 |
|
|
Active Energy |
|
|
Day |
Night |
|
|
USD/kWh |
USD/kWh |
|
Double Term Tariff |
|
Industry mid voltage |
0.098 |
0.049 |
|
Direct connection to the local power grid with private line (industry) |
0.087 |
0.037 |
|
Single Term Tariff |
|
Industry mid voltage |
0.117 |
0.067 |
|
Direct connection to the local power grid with private line (industry) |
0.103 |
0.053 |
|
Source: Turkish Electricity Distribution Company (TEDAS), as of April 1, 2011
USD 1 = TRY 1.6 as of May 2011 |
|
Reference Price USD/m3 |
|
Type of Customer |
Water |
Waste Water |
Total |
Water VAT (%) |
|
Industry |
4.16 |
2.08 |
6.24 |
8 |
|
Reference Price USD/m3 |
|
Organized Industrial Zones (OIZs)
|
Water |
Water VAT (%) |
Waste Water |
Waste Water VAT (%) |
|
Bursa Demirtas OIZ |
0.63 (potable water)
0.28 (process water) |
8 |
0.56 |
18 |
|
Eskisehir OIZ |
0.26 |
8 |
0.25 |
18 |
|
Source: Istanbul Water and Sewerage Administration (ISKI), as of May, 2011
Bursa Demirtas OIZ and Eskisehir OIZ, as of May, 2011
USD 1= TRY 1.6 as of May, 2011 |
|
Gas Sales Tariff for Eligible Industrial Customers Which Have Signed Gas Sales Agreement with BOTAS |
|
Uninterruptible Prices |
OIZ Prices |
Interruptible Prices |
|
USD/kWh |
USD/Sm³ |
USD/kWh |
USD/Sm³ |
USD/kWh |
USD/Sm³ |
|
0.0277 |
0.295 |
0.028 |
0.293 |
0.028 |
0.293 |
|
Gas Sales Tariff for Distribution Companies |
|
Household Consumption |
Eligible Industrial Consumption |
|
USD/Sm³ |
USD/Sm³ |
|
0.316 |
0.295 |
|
Source: Petroleum Pipeline Corporation (BOTAS)
* Excluding SCT and VAT
USD 1 = TRY 1.6 as of May 2011 |
|
Business Tariffs |
Package Fee
USD/month* |
Free Calls /minute
(local and national)** |
|
Work Advantage 3 Ways 100 |
14.31 |
100 |
|
Work Advantage 3 Ways 200 |
17.44 |
200 |
|
Work Advantage 3 Ways 300 |
20.56 |
300 |
|
Work Advantage 3 Ways 600 |
29.31 |
600 |
|
Work Advantage 3 Ways 1,000 |
39.31 |
1,000 |
|
Work Advantage 3 Ways 1,500 |
51.81 |
1,500 |
|
Work Advantage 3 Ways 2,000 |
63.31 |
2,000 |
|
*All taxes included
**Local, long distance, GSM, international (First stage PSTN) and 444 special service numbers.
USD 1=TRY 1.6 as of May 2011
For All Work Advantage 3 Ways Tariffs:
- All calls to GSM lines are charged at USD 0.07 per minute.
- After using all free minutes within the package, all calls to local, long distance, international (First stage PSTN) lines and 444 special service numbers are charged at USD 0.11 per minute.
|
|
Business Tariffs |
Package Fee
USD/month* |
Free Calls /minute
(local and national)** |
|
Work Advantage Every Way 100 |
15.44 |
100 |
|
Work Advantage Every Way 200 |
19.69 |
200 |
|
Work Advantage Every Way 300 |
23.94 |
300 |
|
Work Advantage Every Way 600 |
36.06 |
600 |
|
Work Advantage Every Way 1,000 |
50.56 |
1,000 |
|
Work Advantage Every Way 1,500 |
68.69 |
1,500 |
|
Work Advantage Every Way 2,000 |
85.81 |
2,000 |
|
Work Advantage Every Way 5,000 |
196.88 |
5,000 |
|
*All taxes included
**Local, long distance, GSM, international (First stage PSTN) and 444 special service numbers.
USD 1=TRY 1.6 as of May 2011
For All Work Advantage Every Way Tariffs:
- After using all free minutes within the package, all calls to local, long distance, GSM, international (First stage PSTN) lines and 444 special service numbers are charged at USD 0.15 per minute.
|
|
G.SHDSL |
(USD/month) |
|
Download and upload speed (Kbps) |
In-City* |
Inter-City* |
|
256 |
49.34 |
104.79 |
|
512 |
80.36 |
172.46 |
|
1024 |
132.52 |
287.13 |
|
2048 |
221.81 |
482.61 |
|
ADSL |
(USD/month) |
|
Download and upload speed (Kbps) |
In-City** |
Inter-City** |
|
128/32 |
21.14 |
24.91 |
|
256/64 |
32.43 |
38.53 |
|
512/128 |
51.69 |
62.03 |
|
1024/256 |
84.59 |
101.98 |
|
2048/512 |
140.51 |
169.64 |
|
Metro Ethernet |
Requirement specific |
|
* All taxes included
**18% VAT and 15% SCT are excluded
Source: Turk Telekom, as of May, 2011
USD 1 = TRY 1.6 as of May 2011 |
|
|