Turkish Investment Incentives System

February 17, 2022by Bünyamin Esen0

Investment Incentive System in Turkey consists of 3 sub-applications:

  • General Incentive System
  • Regional Incentive Practices
  • Strategic Investments

 

The Investment Incentive System divides Turkey into 6 main regions.

Region I is the most developed, VI. The region is the least developed region.

VI from Region I. As you go to the Region, the rate and duration of the support elements increase, and the minimum investment amounts decrease.

In the map of Turkey in the next section, the distribution of provinces by region within the framework of the Investment Incentive System is seen.

Regardless of the sector (except for non-incentive investment issues);

I and II. Minimum TRL 1,000,000 in the Region,

III., IV., V. and VI. Minimum TRL 500.000 in the Region
Investments amounting to the same amount can benefit from the General Incentive System.

Region I is the most developed, VI. The region is the least developed region.

Support Elements Provided within the Framework of the General Telvik System:

Within the framework of investment with Incentive Certificate,

► In Machinery – Equipment Purchases;

● VAT Exemption

● Customs Duty Exemption (In case of importation)

► Income Tax Withholding Support for Investments to be Made in the 6th Region

► Insurance Premium Employer Share Support for Shipbuilding Investments of Shipyards

 

Bünyamin Esen

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