Applicable both for greenfield and brownfield projects, Türkiye offers a comprehensive investment incentives program with a wide range of instruments that helps to minimize the upfront cost burden and accelerate the returns on investments.
Incentives
These incentives may also be tailored for projects in priority sectors classified as key areas for the transfer of technology and economic development. In addition, the Turkish government provides generous support programs for R&D and innovation projects, employee training initiatives, and exporters through various grants, incentives and loans.
VAT Exemption
Customs Duty Exemption
Corporate Tax Reduction
Social Security Premium Support
(Employer’s Share)
Social Security Premium Support
(Employee’s Share)
Income Tax Withholding Support
Interest Rate Support
Land Allocation
VAT Refund
Infrastructure Support
Energy Support
Capital Contribution Support
Purchasing Guarantee
Facilitation of Authorization/ Permit/ License Procedures
Training Support
Qualified Personnel Support
R&D/Design Discount
Corporate Tax Exemption
Cash Support
Credit Support
Special Consumption Tax Exemption
Property Tax Exemption
Stamp Duty Exemption
INCENTIVE REGIONS
The breadth and depth of support provided vary based on the level of development of the regions. Developed regions are provided with fewer support options than lesser developed regions. İzmir is one of the most developed regions in Türkiye and in the Region 1 group of this incentive system. Investments in certain districts of the provinces may be supported with incentives extended to a lower region. This condition is valid for investments in Bayındır, Beydağ and Kiraz districts of İzmir.
SHORTEST WAY TO REACH GOVERMENT SUPPORTS
Yatirimadestek.gov.tr portal, which gathers grants, incentives and supports provided by the public for those who want to invest in Türkiye, on a single platform, informs investors instantly about all developments related to government supports.