Minimum Monthly Wage (gross and net)
  USD
Net Minimum Wage 348.50
Gross Minimum Wage 441.20
·  Social security premium payment (14%) 61.77
·  Payment for the unemployment insurance fund (1%) 4.41
·  Income tax (15%)* 23.16
·  Minimum living allowance** 33.09
·  Stamp tax (0.759%) 3.35
Total Deduction 92.69
Cost for Employer
·  Gross minimum wage 441.20
·  Employer’s share of the social security premium (15.5%)*** 68.38
·  Employer’s payment for the unemployment insurance fund (2%) 8.82
Total Cost for Employer 518.40
* Calculation of income tax is [(441.20 – 61.77 – 4.41) x 0.15] – 33.09 = 23.16

** For single individuals without children, and may vary according to marital status and the 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 Labor and Social Security

Valid for January 1, 2018 – December 31, 2018

USD 1 = TRY 4.60 as of June 2018

 

Cost of Electricity
Consumers Purchasing Electricity from Commissioned Supply Companies
Distribution System Users Capacity Active Energy + Distribution
Capacity Charge Over-Capacity Charge Standard Daytime Peak Nighttime
Kurus/kWh Kurus/kWh Kurus/kWh Kurus/kWh Kurus/kWh Kurus/kWh
Medium Voltage
Double Term
Industry 204,2996 408,5992 28,4967 28,3475 46,1681 15,5934
Single Term
Industry N/A N/A 29,1012 28,9520 46,7726 16,1979
Low Voltage
Single Term
Industry N/A N/A 32,3150 32,1658 49,9864 19,4117
System Usage Tariffs for Consumers Purchasing Electricity from Private Suppliers*
Private System Users Capacity Distribution Tariff
Capacity Charge Over-Capacity Charge
Kurus/kWh Kurus/kWh Kurus/kWh
Medium Voltage
Double Term
Industry 204,2996 408,5992 5,5153
Single Term
Industry N/A N/A 6,1198
Low Voltage
Single Term
Industry N/A N/A 9,3336
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 the power exceeding the “contract power” specified in 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 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.

*Active energy price is not reflected in the table as the price is determined bilaterally between consumer and supplier.

 

Source: Energy Market Regulatory Authority (EMRA)

 

Cost of Water for Industrial Use
Reference Price USD/m3
Type of Customer Water Waste Water Water VAT (%) 
Industry 2.45 Included 8
Reference Price USD/m3
Organized

Industrial Zones (OIZs)

Water Water VAT (%) Waste Water Waste 

Water VAT (%)

Eskişehir OIZ 0.15 8 0.15 8
Antalya OIZ 0.11 8
Source: Istanbul Water and Sewerage Administration (ISKI)

Eskişehir Water and Sewerage Administration & Antalya Water and Sewerage Administration

USD 1 = TRY 4.60 as of June 2018

 

Cost of Natural Gas*
Gas Sales Tariff for Customers

that have a Signed Gas Sales Agreement with BOTAS

USD/kWh USD/Sm³
Less than 300,000 Sm³ 0.016 0.166
OIZ  0.016 0.173
More than 300,001 Sm³ 0.016 0.174
Source: Petroleum Pipeline Corporation (BOTAS), January 2018

* Excluding SCT and VAT

USD 1 = TRY 4.60 as of June 2018

 

Cost of Broadband Services
Fibernet and Hypernet (USD/month)
Download Speed (Mbps) – unlimited tariffs Rates
Up to 24 51
Up to 35 62
Up to 50 80
Up to 100 112
Up to 1000 243
Metro Ethernet and G.SHDSL Requirement specific
All taxes included.

Source: TTNET

USD 1 = TRY 4.60 as of June 2018