Regardless of the region where investment takes place, all projects meeting both the specific capacity conditions and the minimum fixed investment amount are supported within the framework of the General Investment Incentives Scheme. Some types of investments are excluded from the investment incentives system and would not benefit from this scheme.
The minimum fixed investment amount is TRY 1 million in Region 1 and 2, and TRY 500,000 in Region 3, 4, 5 and 6.
Major investment incentive instruments are:
1) Exemption from customs duties:
Customs tax exemption for imported machinery and equipment for projects with an investment incentive certificate.
2) VAT exemption:
VAT exemption for domestically purchased or imported machinery, and equipment for projects with an investment incentive certificate.