17.12.2013 Views

2013 Gaziantep Chamber of Commerce

2013 Gaziantep Chamber of Commerce

2013 Gaziantep Chamber of Commerce

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

12<br />

INVESTMENT INCENTIVE SYSTEM IN GAZANTEP<br />

The new investment incentive system came into effect on 19th <strong>of</strong> June 2012. According to the new system; Turkey<br />

is divided into 6 different regions. <strong>Gaziantep</strong> is located on the 3rd region but the investment which will be made<br />

in <strong>Gaziantep</strong> Organized Industry Zone will be evaluated as they are made in the 4th Region and will be supported<br />

by the incentives <strong>of</strong>fered to the 4th region cities in Turkey in terms <strong>of</strong> tax reduction and Social Security Premium<br />

Support for Employers.<br />

The new investment incentive system consists <strong>of</strong> 4 main mechanisms.<br />

1. General Incentives<br />

2. Regional Incentives<br />

3. Incentives for large-scale investments<br />

4. Incentives for strategic investments<br />

INCENTIVE MECHANISM<br />

GENERAL<br />

INCENTIVES<br />

REGIONAL<br />

INCENTIVES-3RD<br />

ZONE-GAZANTEP<br />

LARGE SCALE<br />

INVESTMENTS<br />

INCENTIVES<br />

FOR STRATEGIC<br />

INVESTMENTS<br />

VAT exemption YES YES YES YES<br />

Exemption from customs<br />

duties<br />

YES YES YES YES<br />

Tax reduction - YES YES YES<br />

Social Security Premium<br />

Support for Employers<br />

Income Tax Withholding<br />

Support*<br />

Social Security Premium<br />

Support for Employees*<br />

- YES YES YES<br />

YES YES YES YES<br />

- YES YES YES<br />

Interest support** - YES - YES<br />

Land allocation - YES YES YES<br />

VAT Refund*** - - - YES<br />

*It will provided if the investment is made within 6th Region.<br />

** It will be provided if the investment is made in 3rd. 4th. 5th and 6th regions within the Regional Investment Incentives.<br />

***It will be provided for the investments within the Strategic Investment Incentives which has a minimum fixed investment amount over 500 million TRY.<br />

www.investingaziantep.org

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!