SSP Support (Employee's Share)

SSP Support (Employee's Share)

This scheme allows for the Ministry to cover the employee’s share of the social security premium paid by the investor to the Social Security Institution in the amount corresponding to the legal minimum wage, for additional personnel recruited for new investments in Region 6. This support will be available for Regional, Large Scale and Strategic investments in Region 6 only.  There is no upper limit regarding the SSP support, and it is available for 10 years.

SSP Support Example

Amount of SSP Support = (Additional Employment) x (Term*) x (Employee’s Share **)
                                            = 50 employees x 120 months x 131.67 TL
                                            = 790,020 TL

* Term is expressed in “months”.  
** The amount for the 2nd half of year 2012.