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Employer of Record India


In order to encourage young entrepreneurs economically, some tax concessions are provided to the founders of companies under the age of 29. In the 2nd article of the General Income Tax Communiqué, “The first time in their commercial, agricultural or professional activities, full taxpayer real persons, who have not completed the age of twenty-nine as of the commencement date of the tax liability, are entitled to obtain income tax returns for three taxation periods starting from the calendar year in which they started their activities”. Up to 75,000 Turkish liras of these earnings are exempt from income tax with met conditions. As stated in the provision, if the conditions are met, entrepreneurs under the age of 29 are provided with an income tax exemption incentive for three years. Company formation Turkey is a very profitable investment, especially in this period. You can also contact us to get support for your recruitment Turkey needs.


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