Incentives

The New Incentive System is comprised of 4 categories.

Cities in Turkey are grouped in 6 regions according to the results of Socio-Economic Development Index research performed by the Ministry of Development. Capital Ankara has been classified in the 1st Region together with the most developed cities such as İstanbul and İzmir. The New Incentive System is comprised of 4 categories. For an investment to be eligible to benefit from support elements in Ankara, the minimum fixed investment amount should be 1 million Turkish Liras. Investments with fixed investment amount 1 million Turkish Liras or above can benefit from VAT exemption and custom duty exemption. In the context of regional, large-scale and strategic investments, there exist different types of incentive implementations as given in the following figure:

<FIGURES>

There also exist additional incentives for the firms located in OIZ:

  • No VAT for land acquisitions
  • Exemption from real estate duty for five years starting after the construction of the plant
  • Low water, natural gas, and telecommunication costs
  • For unification and/or separation of plots, no tax to be paid. Exemption from municipality tax for construction and usage of the plant
  • Exemption from the municipality tax on solid waste if the OIZ does not benefit from the municipality service

Similarly, the incentives for the firms located in Technoparks are:

  • Revenues derived from software development and R&D activities are exempt from income and corporate taxes until December 31, 2023.
  • Sales of application software produced exclusively in TDZs are exempt from VAT until December 31, 2023. Examples include software for systems management, data management, business applications, different business sectors, the Internet, mobile phones and military command control.
  • Salaries of R&D and support personnel employed in the zone are exempt from all taxes until December 31, 2023. The number of the support personnel covered by the exemption shall not exceed 10 percent of the number of the R&D personnel.
  • Enterprises may make the investment, required for the production of the technological product obtained as a result of the R&D projects conducted in the zone, in the TDZ, if deemed suitable by the operator company and allowed by the Ministry.
  • 50 percent of the employer’s share of the social security premium will be paid by the government for 5 years until 31.12.2024.
 

Corporation

Ankara Development Agency
Investment Support Office

 

Location

Aşağı Öveçler Mahallesi
1322. Cadde No: 11  
Çankaya/Ankara TURKEY
[View Map]

 

Contact

Phone: +90 312 310 03 00    
Fax: +90 312 309 34 07
Emailydo@ankaraka.org.tr

 

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