When is a Turkish private employment agency's guarantee updated?

Guarantee amounts are recalculated against the gross minimum wage with effect from the start of each calendar year; the agency tops up or adds to the guarantee by the end of February (Law No. 4904, Article 17; Regulation, Article 19(3)).

Can the guarantee be paid in cash?

Yes. It can be provided as an irrevocable, open-ended bank guarantee letter or paid to the Agency in cash in Turkish currency (Regulation, Article 19(1)).

How large is the guarantee?

Twenty times the gross minimum wage for the activity permit and two hundred times for the temporary employment authorisation; the Minister may raise the latter up to twenty-fold (Law, Article 17; Regulation, Article 19(1) and 19(2)).

TR · Expiry & renewal tracking

Top up your guarantee by the end of February every year

Private employment agency guarantees in Türkiye are recalculated against the gross minimum wage from the start of each calendar year, and the agency must top up or supplement the guarantee by the end of February (Law No. 4904, Article 17; Regulation, Article 19(3)). Failing to do so carries an administrative fine.

Under Türkiye's Law No. 4904 on the Turkish Employment Agency, guarantee amounts are recalculated against the gross minimum wage and increased with effect from the start of each calendar year. Private employment agencies must top up the guarantee or provide an additional guarantee by the end of February (Article 17). The Private Employment Agencies Regulation repeats this rule (Article 19(3)).

The guarantee equals twenty times the gross minimum wage at the application date for the activity permit, and two hundred times for the temporary employment authorisation; it is provided as an irrevocable, open-ended bank guarantee letter or paid in cash in Turkish currency (Law, Article 17; Regulation, Article 19(1)). The Minister may raise the temporary employment guarantee up to twenty times (Law, Article 17; Regulation, Article 19(2)).

Start free

At a glance

Recalculation	From the start of each calendar year, against the gross minimum wage (Law, Article 17; Regulation, Article 19(3))
Deadline	End of February (Law, Article 17; Regulation, Article 19(3))
Placement permit guarantee	20 times the gross minimum wage (Law, Article 17; Regulation, Article 19(1)(a))
Temporary employment guarantee	200 times the gross minimum wage; the Minister may raise it up to 20-fold (Law, Article 17; Regulation, Article 19(1)(b) and 19(2))
Form	Irrevocable, open-ended bank guarantee letter or cash in Turkish currency (Regulation, Article 19(1))
Branches	No separate placement guarantee is required for opening a branch (Law, Article 17)
Legal basis	Law No. 4904, Articles 17, 18, 20; Private Employment Agencies Regulation, Articles 19, 20

If the agency goes bankrupt, closes, has its permit or authorisation cancelled or fails to pay wages, workers' claims are paid from the guarantee first (Law, Article 18; Regulation, Article 19(4)). If the agency stops its activity voluntarily, the guarantee is returned on request within one month once it is documented that workers', tax, social security and Agency claims have been paid (Regulation, Article 20(1)).

Who is responsible?

The private employment agency holding the permit or authorisation. It tops up the guarantee or provides an additional guarantee by the end of February (Law, Article 17; Regulation, Article 19(3)).

If the deadline passes

Private employment agencies that do not provide the additional guarantee are subject to an administrative fine (Law No. 4904, Article 20(1)(e)).

A separate record for each year

In ExpirySuite, add the guarantee top-up as a record whose due date is the last day of February of that year. You get reminders 60, 30, 14, 7 and 1 days before, so you can plan the amount and the bank guarantee letter once the new minimum wage is announced.

Tracking it with ExpirySuite

Add a "guarantee top-up" record for the agency and enter the last day of February of that year as the expiry date; upload the current guarantee letter as a file.
Email reminders arrive 60, 30, 14, 7 and 1 days before expiry and on the expiry day.
Assign your finance lead as the document owner; overdue records are also reported to managers on days 3, 7 and 14.
You can request the updated guarantee letter from your bank through a secure link valid for 14 days, without them needing an account.

Frequently asked questions

When is a Turkish private employment agency's guarantee updated?: Guarantee amounts are recalculated against the gross minimum wage with effect from the start of each calendar year; the agency tops up or adds to the guarantee by the end of February (Law No. 4904, Article 17; Regulation, Article 19(3)).
Can the guarantee be paid in cash?: Yes. It can be provided as an irrevocable, open-ended bank guarantee letter or paid to the Agency in cash in Turkish currency (Regulation, Article 19(1)).
How large is the guarantee?: Twenty times the gross minimum wage for the activity permit and two hundred times for the temporary employment authorisation; the Minister may raise the latter up to twenty-fold (Law, Article 17; Regulation, Article 19(1) and 19(2)).
What happens if I do not provide the additional guarantee?: Agencies that do not provide the additional guarantee are subject to an administrative fine (Law, Article 20(1)(e)).

Sources

Last checked: Oct 1, 2026 · This page summarises official sources for general information and is not legal advice. Check the linked sources for current rules and fees.

Made for agency guarantee update (by end of February) (Türkiye)

A ready template for agency guarantee update (by end of February) (Türkiye) with sensible validity defaults, so you enter less and track more.

Reminders on time

Email alerts at 60, 30, 14, 7 and 1 day before each agency guarantee update (by end of February) (Türkiye) expires, plus overdue escalation to managers.

Assign an owner

Give each agency guarantee update (by end of February) (Türkiye) an owner and let employees update their own via a secure link — no login needed.