Search
Close this search box.

info@invest360go.com

ADVANTAGES OF THE INVESTMENT
INCENTIVE SYSTEM

ADVANTAGES OF THE INVESTMENT INCENTIVE SYSTEM

ADVANTAGES OF THE INVESTMENT INCENTIVE SYSTEM

Investments are supported in varying ways by four different incentive applications and nine different incentive tools designed within the scope of the new investment incentive program. The contribution of incentive instruments to the investor varies according to the nature of the investment and the applications it will be subject to. In general, the benefits of the Investment Incentives Law are as follows:

Value Added Tax Exemption:
It is applied in the form of non-payment of value added tax for the sale and lease of investment goods machinery and equipment, software and intangible rights within the scope of the incentive certificate, to be procured domestically and from abroad.

Customs Duty Exemption:
It is applied in the form of non-payment of customs duty for machinery and equipment, investment goods, to be procured from abroad within the scope of the incentive certificate.

Insurance Premium Employer’s Share Support:
The portion of the employer’s share of the insurance premium that must be paid for the additional employment provided by the investment within the scope of the incentive certificate, corresponding to the minimum wage, is covered by the Ministry.

Income Tax Withholding Support:
The scope of the incentive certificate is the cancellation of the income tax withholding determined for the additional employment provided by the investment. It is only foreseen in the incentive certificates issued for investments to be made in the 6th region and strategic investments supported under TOSHP.

Tax Reduction:
It is the application of income or corporate tax at a reduced rate until the contribution amount stipulated for the investment is reached.

Insurance Premium (Workers’ Share) Support:
The portion of the insurance premium workers’ share that must be paid for the additional employment provided by the investment within the scope of the incentive certificate, corresponding to the minimum wage, is covered by the Ministry. It is only foreseen in the incentive certificates issued for regional and strategic investments to be made in the 6th region and strategic investments supported under TOSHP.

Interest or Dividend Support:
Interest or Dividend Support is a financing support provided for investment loans with a term of at least one year under the incentive certificate, and a certain part of the interest or dividend to be paid for the loan used up to 70% of the fixed investment amount registered in the incentive certificate is covered by the Ministry.

Investment Place Allocation:
It is the allocation of an investment location within the framework of the procedures and principles determined by the Ministry of Finance for the investments with incentive certificates.

Value Added Tax Refund:
It is the refund of VAT collected for building-construction expenditures made within the scope of Strategic Investments with a fixed investment amount of more than 500 million Turkish Liras.

The Investment Incentive Law, which is aimed at encouraging investors and for investors to get less money out of their pocket during the start of investment and transition to production, provides an important advantage in terms of directing the tax burdens given to the state to investment.

However, the benefits provided by the investment incentive certificate; Not every sector is supported in every province and you cannot benefit from every support in every region.

Get In Touch

Have a question or feedback? We’d love to hear from you!

 info@invest360go.com

Error: Contact form not found.

Twitter Instagram

Contact

 info@invest360go.com

Quick Links

Home

Investment Guide

General Incentive

Invest360

Company Establishment

Tax Turkey

Merger and Acquisition

Copyright © 2024 Invest360go All rights reserved

Designed by – Entrstellar