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Our investment project was granted support from other government institutions. Can I also apply for an Investment Incentive Certificate? (In Turkey)

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Our investment project was granted support from other government institutions. Can I also apply for an Investment Incentive Certificate? (In Turkey)

Unfortunately, the investment projects that are being supported by other government institutions cannot benefit from the investment incentive program, thus a certificate cannot be issued.

We are planning to lease the machinery and equipment in terms of our investment project. Can that project be supported?

It’s possible to lease the whole or partial amount of machinery and equipment. However, the total amount of machinery and equipment for each leasing company should be at least 200.000 TL.

If an investment project is realized in an Organized Industrial Zone, can we have additional support in terms of the general investment incentive scheme?

The investments within OIZs are entitled for more favorable rates only if the investments are meeting the criteria of large scale or regional investments.


Source: Ministry of Trade (link: https://www.trade.gov.tr/investment/faq)
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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