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Free Zones in Turkey

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Free Zones in Turkey

Definition of Free Zone

Free Zones are defined as fenced-in areas in which special regulatory treatment exists for the operating users in order to promote exports of goods and services. Free zones offer more convenient and flexible business climate in order to increase trade volume and export for some industrial and commercial activities as compared to the other parts of country.

  • Promoting export-oriented investment and production.
  • Accelerating foreign direct investment and technology access.
  • Directing enterprises towards export.
  • Developing international trade.

Activities

In general, all kind of activities can be performed in Turkish Free Zones such as:

  • Research and Development (R&D),
  • Manufacturing,
  • Software,
  • General trading,
  • Storing,
  • Packing,
  • Banking and insurance.

Investors are free to construct their own premises, while zones have also available office spaces or warehouses on rental basis with attractive terms. All field of activities open to Turkish companies are also open to joint-venture of foreign companies.

FREE ZONES IN TURKEY DATE OF EST.
1 MERSIN FREE ZONE 1985
2 ANTALYA FREE ZONE 1985
3 AEGEAN FREE ZONE 1987
4 ISTANBUL ATATURK AIRPORT FREE ZONE 1990
5 TRABZON FREE ZONE 1990
6 ISTANBUL THRACE FREE ZONE 1990
7 ADANA YUMURTALIK FREE ZONE 1992
8 ISTANBUL INDUSTRY & TRADE FREE ZONE 1992
9 MARDIN FREE ZONE 1994
10 SAMSUN FREE ZONE 1995
11 EUROPE FREE ZONE 1996
12 RIZE FREE ZONE 1997
13 KAYSERI FREE ZONE 1997
14 IZMIR FREE ZONE 1997
15 GAZIANTEP FREE ZONE 1998
16 TUBITAK-MRC FREE ZONE 1999
17 DENIZLI FREE ZONE 2000
18 BURSA FREE ZONE 2000
19 KOCAELI FREE ZONE 2000

Source: Ministry of Trade (link: https://www.trade.gov.tr/free-zones/general-outlook)
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.


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