Minimum Monthly Wage (gross and net) |
|
|
USD |
Net Minimum Wage |
382,02 |
Gross Minimum Wage |
483,62 |
Social security premium payment (14%) |
67,69 |
Payment for unemployment insurance fund (1%) |
4,83 |
Income tax (15%)* |
25,39 |
Minimum living allowance** |
36,27 |
Stamp tax (0.759%) |
3,67 |
Total Deduction |
101,60 |
Employer Cost |
|
Gross minimum wage |
483,62 |
Employer's share of social security premium (15.5%)*** |
74,96 |
Employer's payment for unemployment insurance fund (2%) |
9,67 |
Total Employer Cost |
568,26 |
* Calculation of income tax is: [(483,62 – 67,69 – 4,83) x 0,15] – 36,27 = 25,39 ** For single individuals without children and may vary according to marital status and number of children. *** For premiums that are paid in due time, as an incentive, a five-point reduction is applied (down from 20.5% to 15.5%). Source: Ministry of Family, Labor and Social Services Valid for January 1, 2019 – December 31, 2019 USD 1 = TRY 5.29, as of July 1, 2019 |
Cost of Water for Industrial Use |
||||
Reference Price USD/m3 |
||||
Type of Customer |
Water |
Waste Water |
Water VAT (%) |
|
Industry |
2,17 |
Included |
8 |
|
Reference Price USD/m3 |
||||
Organized Industrial Zones (OIZs) |
Water |
Water VAT (%) |
Waste Water |
Waste Water VAT (%) |
Eskişehir OIZ |
0,12 |
8 |
0,12 |
8 |
Antalya OIZ |
0,9 |
8 |
- |
- |
Source: Istanbul Water and Sewerage Administration (ISKI) Eskişehir Water and Sewerage Administration & Antalya Water and Sewerage Administration USD 1 = TRY 5.29 as of July 1, 2019 |
Cost of Electricity |
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Consumers Purchasing Electricity from Commissioned Supply Companies |
||||||||||
Distribution System Users |
Capacity |
Active Energy + Distribution |
Reactive Energy |
|||||||
Capacity Charge |
Over-Capacity Charge |
Standard |
Daytime |
Peak Hours |
Nighttime |
|||||
TRYcent/kWh |
TRYcent/kWh |
TRYcent/kWh |
TRYcent/kWh |
TRYcent/kWh |
TRYcent/kWh |
TRYcent/kWh |
||||
Medium Voltage |
||||||||||
Double Term |
||||||||||
Industry |
256,8597 |
513,7194 |
44,0625 |
44,5715 |
68,9052 |
24,9319 |
22,2020 |
|||
Single Term |
||||||||||
Industry |
N/A |
N/A |
44,7785 |
45,2876 |
69,6214 |
25,6479 |
22,2020 |
|||
Low Voltage |
||||||||||
Single Term |
||||||||||
Industry |
N/A |
N/A |
49,7121 |
50,2210 |
74,5548 |
30,5814 |
22,2020 |
|||
System Usage Tariffs for Consumers Purchasing Electricity from Private Suppliers* |
||||||||||
Capacity |
Distribution Tariff |
Reactive Energy |
||||||||
Capacity Charge |
Over-Capacity Charge |
|||||||||
TRYcent/kWh |
TRYcent/kWh |
TRYcent/kWh |
TRYcent/kWh |
|||||||
Medium Voltage |
||||||||||
Double Term |
||||||||||
Industry |
256,8597 |
513,7194 |
6,8024 |
22,2020 |
||||||
Single Term |
||||||||||
Industry |
N/A |
N/A |
N/A |
N/A |
||||||
Low Voltage |
||||||||||
Single Term |
||||||||||
Industry |
N/A |
N/A |
11,6255 |
22,2020 |
||||||
Multiple tariff application for November-March period: 07.00-18.00 daytime; 18.00-22.00 peak; 22.00-07.00 nighttime.
Multiple Tariff application for April-October period: 06.00-17.00 daytime, 17.00-22.00 peak; 22.00-06.00 nighttime.
Capacity Charge: Monthly fixed-fee calculated per kW based on the “contract power” specified in connection contract and charged to double-term consumers connected to distribution system.
Over-Capacity Charge: monthly fee calculated per kW for amount of power exceeding the “contracted power” specified in the connection contract and charged to double-term consumers connected to distribution system.
Double-Term tariff: Tariff class charged for “distribution fee over the amount of active energy flow (kWh) received from the distribution system or given to the distribution system”, plus capacity-charge calculated per kW specified in the connection contract, plus over-capacity charge for the power (in kW) exceeding the “contract power.”
Single-term Tariff: The tariff class charged for distribution fee only through the amount of active energy flow (kWh) received from the distribution system or given to the distribution system.
*The active energy price is not reflected in the table, as the price is determined bilaterally between the consumer and the supplier.
Source: Energy Market Regulatory Authority (EMRA) |
Cost of Natural Gas* |
||
Gas Sales Tariff for Customers that have a Signed a Gas Sales Agreement with BOTAS |
||
USD/kWh |
USD/Sm³ |
|
Less than 300,000 Sm³ |
0,016 |
0,168 |
OIZ |
0,022 |
0,254 |
More than 300,001 Sm³ |
0,022 |
0,254 |
Source: Petroleum Pipeline Corporation (BOTAS), January 2019 * Excluding SCT and VAT USD 1 = TRY 5.29 as of June 2019 |
Cost of Broadband Services |
|
Fibernet and Hypernet |
(USD/month) |
Download Speed (Mbps) – unlimited tariffs |
Price |
Up to 24 |
51 |
Up to 35 |
60 |
Up to 50 |
75 |
Up to 100 |
104 |
Up to 1000 |
165 |
Metro Ethernet and G.SHDSL |
Requirement specific |
Source: TTNET, Superonline All taxes included. USD 1 = TRY 5.29 as of June 2019 |