Invest in Istanbul: Who Can Benefit From Investment Incentives?

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/