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GENERAL INCENTIVE
APPLICATIONS

GENERAL INCENTIVE APPLICATIONS

Investments above the minimum fixed investment amount and capacities are supported within the scope of the General Incentive Practices, regardless of the region, except for investment issues that are not incentivized or cannot meet the conditions required for incentives.

  • Value Added Tax Exemption: It is applied in the form of non-payment of value added tax for investment goods, machinery and equipment to be procured domestically and abroad within the scope of the incentive certificate. In order for investors to benefit from VAT exemption within the framework of Article 13 / d of VAT Law No. 3065, they must first have an investment incentive certificate issued by the Ministry of Industry and Technology or the administrations authorized by the Ministry The Ministry of Industry and Technology or the competent authority determines the fixed assets included in the definition of machinery and equipment in the lists attached to the investment incentive certificates within the framework of the provisions of the “Decision on State Aids in Investments ” and makes an annotation stating that the items can benefit from VAT exemption.

  • Customs Duty Exemption: It is applied in the form of non-payment of customs duty for investment goods, machinery and equipment to be procured from abroad within the scope of the incentive certificate. Within the scope of the investment incentive certificate, investment goods machinery and equipment to be procured from abroad can be procured exempt from the customs duty specified in the Import Regime Decision. The regulation regarding this exemption was made with Article 9 of the Decision on State Aids in Investments dated 15.06.2012 and numbered 2012/3305.

Import of individual used machinery and equipment: import in accordance with the Decision of Import Regime; possible used or renewed machinery and equipment (excluding road transport vehicles ) and machinery and equipment whose import is permitted in accordance with Article 7 of the Import Regime Decree can be procured within the scope of investment incentive certificate. If the used machinery and equipment to be procured within the scope of the investment incentive certificate is not included in the list of the “Communiqué on Substances to be Imported as Old, Used or Renewed”, a letter from the Ministry of Trade, General Directorate of Import, stating that the import of the machinery and equipment is permitted in accordance with the Import Regime Decision must be taken.

Used complete facility import: Requests for the import of facilities within this scope are evaluated by the ministry on a project basis. In order to evaluate the used complete facility demands, investors must apply to the Ministry together with the original invoice or proforma invoice showing the model and manufacturing years of the machinery and equipment belonging to the facility. If the personnel to be assigned by the Ministry are deemed appropriate as a result of the expertise they will perform in the country where the complete facility is located, the import of the used complete facility may be allowed within the scope of the incentive certificate.

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