Investment Incentive Certificate

Investment Incentive Certificate

Feasibility report containing information, documents, accounts and tables promoting the fulfillment of each of the criteria specified in Article 10.

 Other information and documents that may be requested by the General Directorate depending on the sector, size or incentive practices of the investment.

Imported machinery and equipment list to be filled through the Single Window Portal System of the Ministry of Customs and Trade and the application number of this list

WHAT ARE THE SUPPORT PROVIDED?

VAT Exemption for the machinery and equipment to be purchased is provided for every investment that is documented.

Customs Duty Exemption for machinery and equipment to be imported is provided for every investment that is documented.

RUSF (6% price appropriate with forward imports) exception for machinery and equipment to be procured through forward imports

It is provided for every investment that is documented.

Tax Reduction: The investor receives a tax deduction equal to 10-60% of the investment amount made within the scope of the incentive certificate.

It is provided to investments in sectors determined by provinces and the rate of support varies according to the investment made.

· Insurance Premium Employer's Share Support: The employer's share of the insurance premium, which must be paid for employment, provided with the investment made within the scope of the incentive certificate, is covered by the state for 2-10 years. It is provided to investments in sectors determined by provinces and the rate of support varies according to the investment made.

ınterest Support: 1-10 points of the interest or profit share of the investment loan used is covered by the state. It is provided to investments in sectors determined by provinces and the rate of support varies according to the investment made.

 Investment Site Allocation: It is provided to investments in sectors determined by provinces and the support rate changes according to the investment made.

 Income Tax Withholding Support: Income tax calculated on the part of the workers' wages corresponding to the minimum wage, for the employment provided by the investment realized within the scope of the incentive certificate, is covered by the state for a period of 10 years. It is provided for investments made in priority regions.

Insurance Premium Support: The part of the worker's share of the insurance premium for employment, which is provided by the investment made within the scope of the incentive certificate, corresponding to the minimum wage, is covered by the state for a period of 10 years. It is provided for investments made in priority regions.

ADDITIONAL BENEFITS IT PROVIDES

Buildings built within the scope of investment incentive certificate are exempt from real estate tax for 5 years

Exemption of the lands allocated for investments from real estate tax during the investment incentive certificate

No building construction fee is charged from the buildings constructed within the scope of the investment incentive certificate.

 Not collecting the fees required to be collected by the municipalities from the buildings and facilities built within the scope of the investment incentive certificate.

 Stamp tax and fee exemption is provided for the papers issued for investment within the scope of investment incentives.