Who Can Benefit From Investment Incentives?
Incentive schemes granted by the new program can be applied by a real person of foreign nationality through a joint-stock or limited liability company, and by a foreign company based in foreign countries through a joint-stock, limited liability company or a branch established in Turkey.
- Real persons, ordinary partnerships, stock corporations, cooperatives, joint ventures;
- Public institutions and agencies,
- Public professional organizations,
- Associations and foundations,
- Turkish branches of foreign-based companies
What are the Instruments?
Value Added Tax (VAT) Exemption
Customs Duty Exemption
Tax Deduction
Social Security Premium (SSP) Support for Employer’s Share
Land Allocation
VAT Refund
Source: http://www.invest.istanbul/investment-incentives/incentives/
