Investment Incentives

General Investment Incentives

Investments that
1- exceed the minimum investment amount per region and,
2- satisfy the conditions per industry in the annex list and,
3- are not included in the annex list of investments which held out of incentive scope
may benefit below;

  • VAT Exemption
  • Customs Tax (incl. RUSF) Exemption
  • Income Tax Withholding Exemption (in 6th region)
  • Property Tax Exemption
  • Municipal Taxes Exemption
  • Stamp Tax Exemption
  • Social Security Premium Employer’s Share Support

Regional Investment Incentives

Regional Incentive Cities – Grouped in 6 Zones

Cities in Turkey are grouped under 6 investment regions. This classification was made according to the development structure of these cities. Investments in regions 1 and 2 allow below incentives in addition to items listed in general investment incentives;

  • Contribution to Investment by Corporate Tax Reduction
  • Investment Land Allocation

Investments in regions 3, 4 and 5 allow below incentives in addition to items listed under incentives to region 1 and 2;

  • Interest Support

Investments in regions 6 allow below incentives in addition to items listed under incentives to region 3, 4 and 5;

  • Social Security Premium Employee’s Share Support
  • Income Tax Withholding Exemption

Medium-High Technology Production Investment Incentives

Investments in region 1, 2 or 3 (except Istanbul) on production of “selected” Medium-High Technology products may benefit from the incentives provided for region 4 under regional incentive scheme.

Priority Investment Incentives

Investments that are listed in the annex list of legislation (i.e. high technology products, rail or air transport, defence industry, nuclear energy plant etc.) may benefit from the incentives that are provided for region 5 under regional incentive scheme.

Large Scale Investment Incentives

In each industry, a minimum investment amount is determined for investments to be qualified as large scale investments. Incentive elements are the same with regional incentives.

Strategic Investment Incentives

Minimum investment value of 50m TL and has a contribution to added vale of 40% min. may benefit this scheme. Incentive elements are similar with regional incentives.

Super (Project Based) Incentives

Minimum investment value of 100m USD and has a contribution to added vale of 40% min. may benefit this scheme. In addition to maximum incentives defined above, below incentives may be provided;

  • VAT Refund
  • Tax reduction or exemption
  • Qualified employee support
  • Interest support
  • Capital contribution
  • Energy Support
  • Public Procurement Guarantee
  • Infrastructure Support