Cost of Doing Business

Minimum Monthly Wage

Minimum Monthly Wage (gross and net)
	TRY
Net Minimum Wage	28,075.50
Gross Minimum Wage	33,030.00
Social security premium payment (14%)	4,624.20
Payment for unemployment insurance fund (1%)	330.30
Total Deduction	4,954.50
Employer Cost (Manufacturing Sector)
Gross minimum wage	33,033.00
Employer’s share of social security premium (16.75%)*	5,532.53
Employer's payment for unemployment insurance fund (2%)	660.60
Total Employer Cost (Manufacturing Cost)	39,223.13
Employer Cost (Other Sectors)
Gross minimum wage	33,030.00
Employer’s share of social security premium (19.75%) **	6,523.43
Employer's payment for unemployment insurance fund (2%)	660.60
Total Employer Cost (Other Sectors)	40,214.03
* For premiums that are paid in due time, as an incentive, a five-point reduction is applied (down from 20.75% to 15.75%). ** For premiums that are paid in due time, as an incentive, a two-point reduction is applied (from 21.75% down to 19.75%). Source: Ministry of Labor and Social Security Valid for January 01, 2026 – December 31, 2026

Cost of Electricity

Electricity Prices for Industrial Consumers

Annual Consumption

Connection Type

Distribution Line - Low Voltage

Distribution Line - Mid Voltage

Transmission Line

Less than 15,000 kWh

USD 130.50

USD 111.00

USD 85.00

More than 15,000 kWh

USD 130.50

USD 111.00

USD 85.00

All prices are listed in USD/MWh and include all applicable taxes (including 20% VAT).

For industrial consumers:

If annual electricity consumption exceeds 15,000 kWh and no bilateral agreement is in place with a supplier, the Last Resort Supply Tariff (LRST) will apply. The LRST serves as a price ceiling; more favorable rates may be obtained through bilateral agreements. If annual electricity consumption remains below 15,000 kWh, the Retail Sales Tariff (National Tariff) will apply instead.

Source: Energy Market Regulatory Authority (EMRA)

Cost of Water for Industrial Use

Cost of Water for Industrial Use
Reference Price USD/m3
Organized Industrial Zones (OIZs)	Water	Water VAT (%)	Wastewater	Wastewater VAT (%)
Eskişehir OIZ	0.12	1	0.10	10
Balıkesir OIZ	0.64	1	0.59	10
Ankara Başkent OIZ	0.90	1	0.45	10
İzmir Aliağa OIZ	0.93	1	0.85	10
Reference Price USD/m3
Free Zones (FZs)	Water	Water Coordination Fee (%)	Wastewater	Wastewater Coordination Fee (%)
İstanbul Industrial and Trade Free Zone (DESBAŞ)	2.50	10	1.22	10
Kayseri Free Zone (KAYSER)	0.18	10	0.13	10
West Anatolia Free Zone (BASBAŞ)	5.00	0	2.50	0
Reference Price USD/m3
Municipalities	Water	Water VAT (%)	Wastewater	Wastewater VAT (%)
İstanbul	2.13	1	1.06	10
Ankara	2.00	1	1.00	10
Bursa	1.74	1	1.04	10

Cost of Natural Gas

Natural Gas Prices for Industrial Consumers

USD/Sm³

USD/kWh

Within or Outside OIZ

0.4910

0.0461

¹ Prices include Special Consumption Tax, system usage fees, and VAT (20%).
² Prices may vary slightly due to regional differences in system usage fees.
³ Prices apply to annual consumption volumes of 100,000,000 m³ or more.

Source: Petroleum Pipeline Corporation (BOTAŞ)

Natural Gas Wholesale Price Tariff