Citizenship Agency
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COST OF DOING BUSINESS
 
Minimum Monthly Wage (gross and net)
 ​USD
Net Minimum Wage338.88
Gross Minimum Wage429.01
  • Social security premium payment (14%)
60.06
  • Payment for unemployment insurance fund (1%)​
4.29
  • Income tax (15%)*
22.52
  • Minimum living allowance**
32.18
  • Stamp tax (0.759%)
3.26
Total Deduction90.13
Employer Cost  
  • Gross minimum wage​
429.01
  • Employer’s share of social security premium (15.5%)***
66.50
  • Employer’s payment for unemployment insurance fund (2%)
8.58
Total Employer Cost 505.09
* Calculation of income tax is [(429.01 – 60.06 – 4.29) x 0.15] – 32.18 = 22.52
** For single individuals without children and may vary according to marital s​tatus 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, 2020 – December 31, 2020
USD 1 = TRY 6.86 as of July 1, 2020​​
​​​Cost of Electricity​
​​ ​ ​ ​ ​ ​ ​ ​Consumers Purchasing Electricity from Commissioned Supply Companies
 
 
Distribution System Users
​​​CapacityActive Energy + Distribution
​
 
Reactive Energy
Capacity ChargeOver-Capacity ChargeStandard​Daytime​​Peak​Nighttime
​TRYcent/kWh​TRYcent /kWh​TRYcent /kWh​TRYcent /kWh​TRYcent /kWh​TRYcent/kWh​TRYcent/kWh
Medium Voltage
Double Term
​Industry​308.4076​616.8152​58.3534​59.0259​​91.1790​33.0753​30.2874
​Single Term​
​IndustryN/A​N/A​​59.174059.846791.999833.8960​​30.2874
Low Voltage
Single Term
Industry​​​N/AN/A​​65.6963​66.368898.521940.4182​30.2874​
System Usage Tariffs for Consumers Purchasing Electricity from Private Suppliers*
​​​​

Capacity
​Distribution Tariff
​Reactive Energy​​
​Capacity ChargeOver-Capacity Charge
​ ​TRYcent/kWhTRYcent/kWh​TRYcent/kWh​​ ​TRYcent/kWh
Medium Voltage
Double Term
​Industry308.4076616.81529.2797​​30.2874
Single Term
Industry​N/A​​N/A​10.250230.2874
Low Voltage
Single Term​
Industry​N/A​​​N/A​​​15.859230.2874
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.
 
Electricity Bill Calculation:
 
[(Consumption (kWh) x Active Energy Price* (TRYcent/kWh) x 1,02**) + (Consumption (kWh) x Distribution Tariff (TRYcent/kWh))] x 1.18*** 
Active Energy Price*: the consumers can either purchase electricity from the commissioned supply companies at the prices indicated in the table or at the prices determined bilaterally with the private electricity suppliers.
**Funds (electricity fund 1%, electricity consumption tax 1%)
***VAT 0.18%​
 
Source: Energy Market Regulatory Authority (EMRA)
​ Cost of Water for Industrial Use
Reference Price USD/m3
Type of CustomerWaterWaste WaterWater VAT (%)
Industry1.76Included8
​Reference Price USD/m3
Organized Industrial Zones (OIZs)
WaterWater VAT (%)
Waste Water
Waste Water VAT (%)
Eskişehir OIZ0.11​8
​0.10
​8
Antalya OIZ0.11​8​-​-
Source: Istanbul Water and Sewerage Administration (ISKI)
Eskişehir Water and Sewerage Administration & Antalya Water and Sewerage Administration
USD 1 = TRY 6.86 as of July 1, 2020
​ ​​Cost of Natural Gas
​Gas Sales Tariff for Customers that have a Signed a Gas Sales Agreement with BOTAS
 TRY/kWhTRY/Sm³
Less than 300,000 Sm³0.117636471.251652
OIZ0.126388161.393000
More than 300,001 Sm³0.131578951.40000
​Gas Bill Calculation:
Consumption (Sm³) x (Tariff per Sm³ + 0.023 TRY* + ​Transport Tariff per Sm³**) x 1.18***
*0.023 TRY/Sm³: Special Consumption Tax
**Transport Tariff/System Usage Tariff (see the websites of the relevant gas distribution companies)
*** 0.18% VAT

Source: Petroleum Pipeline Corporation (BOTAS)
​Excluding SCT and VAT
​ ​Cost of Broadband Services
​Fibernet and Hypernet(USD/month)
Download Speed (Mbps) – unlimited tariffsPrice
Up to 2413.84
Up to 3516.02
Up to 5020.39
Up to 10021.85
Up to 1000127.41
Metro Ethernet and G.SHDSLRequirement specific
Source: TTNET, Superonline
All taxes included.
USD 1 = TRY 6.86 as of July 1, 2020

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