investments – Muhasebe News https://www.muhasebenews.com Muhasebe News Tue, 16 Feb 2021 10:53:46 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.3 Turkey’s Specialized Free Zones Primed for Investments https://www.muhasebenews.com/en/turkeys-specialized-free-zones-primed-for-investments/ https://www.muhasebenews.com/en/turkeys-specialized-free-zones-primed-for-investments/#respond Tue, 16 Feb 2021 10:53:46 +0000 https://www.muhasebenews.com/?p=104720
Minister of Trade Ruhsar Pekcan called on international investors to look out for opportunities in Turkey, addressing the questions of Anadolu Agency (AA).
Minister Pekcan underlined the fact that Turkey offers investors a wide range of incentives, particularly for innovation and technology-oriented investments in the specialized free zones (SFZs). “We plan to expand the SFZ model for other high-tech and high value-added industries in the future”, Minister Pekcan said. “It was initially rolled out for the software and information technology sector. But now I invite investors to consider offshoring to Turkey’s SFZs,” the minister added.
Turkey’s qualifications, including its competitive edge in logistics, young and qualified labor, robust manufacturing capabilities and highly developed infrastructure set her apart from other investment destinations, Minister Pekcan highlighted.

Source: Republic of Turkey Investment Office
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]]> https://www.muhasebenews.com/en/turkeys-specialized-free-zones-primed-for-investments/feed/ 0 Turkey incentivizes TRY 18,3 billion worth of investments in August 2020 https://www.muhasebenews.com/en/turkey-incentivizes-try-183-billion-worth-of-investments-in-august-2020/ https://www.muhasebenews.com/en/turkey-incentivizes-try-183-billion-worth-of-investments-in-august-2020/#respond Mon, 19 Oct 2020 11:00:32 +0000 https://www.muhasebenews.com/?p=94547 Turkey Incentivizes TRY 18,3 Billion Worth of Investments
​​“We have issued TRY 18,3 billion worth of investment incentives in August, paving the way for new job opportunities for 28,411 citizens,” Minister of Industry and Technology Mustafa Varank announced on October 12.
In his statement, Minister Varank provided detailed information on the results of Turkey’s investment incentives in the first 8 months of 2020. Accordingly, compared to the same period of 2019, the first 8 months of 2020 saw the number of incentive certificates rise by 98 percent, projected employment by 54 percent and fixed investments by 32 percent.
Among all the investments decided to be made, 57 percent were in the manufacturing sector, 24 percent in the energy sector, 16 percent in the services sector, 2 percent in the agriculture sector, and 1 percent in the mining sector.​

Source: Republic of Turkey Investment Office
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.

]]> https://www.muhasebenews.com/en/turkey-incentivizes-try-183-billion-worth-of-investments-in-august-2020/feed/ 0 Turkey aims to surpass $20B trade volume with China https://www.muhasebenews.com/en/turkey-aims-to-surpass-20b-trade-volume-with-china/ https://www.muhasebenews.com/en/turkey-aims-to-surpass-20b-trade-volume-with-china/#respond Wed, 23 Oct 2019 13:00:08 +0000 https://www.muhasebenews.com/?p=69469 Turkey aims to surpass $20B trade volume with China

According to the news of Daily News, Turkey is working intensively to surpass its current trade volume with China – approximately $20 billion – focusing on high value-added projects within a win-win framework, the head of the Turkish Exporters’ Assembly (TİM) said on 18.10.2109.

The Belt and Road Initiative was launched by China as is a project critical both in terms of the future of global trade and the region, said Ismail Gülle during a program on Turkey – China multidimensional relations.

He said that all countries from Eurasia support China’s project, so does Turkey. “We have to ensure that Turkey’s gastronomic skills, agricultural and food products as well as tourism are well known by our Chinese friends,” he said.

Pointing to China’s $2.1 trillion total imports and the scope of China’s investments under the Belt and Road Initiative, Gülle underlined the project’s potential not only for Turkey, but for the entire region.

For his part, Cui Wei, the Chinese consul-general in Istanbul, said despite the thousands of kilometers between the two countries, the cultural exchange has never been interrupted.

“In ancient times, the Silk Road was the bridge of friendship between the two sides,” he said, with porcelain and silk, for instance, being traded from China to Turkey.

He added that Turkey, which lies at the intersection point of Europe and Asia, combined advantageous aspects of eastern and western cultures and created a unique cultural environment.

Source: Daily Sabah
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.

]]> https://www.muhasebenews.com/en/turkey-aims-to-surpass-20b-trade-volume-with-china/feed/ 0 Is it possible to write off the investments for the rental office as expense at once? https://www.muhasebenews.com/en/is-it-possible-to-write-off-the-investments-for-the-rental-office-as-expense-at-once/ https://www.muhasebenews.com/en/is-it-possible-to-write-off-the-investments-for-the-rental-office-as-expense-at-once/#respond Wed, 03 Apr 2019 15:19:18 +0000 https://www.muhasebenews.com/?p=53450 Is it possible to write off at once the reparation, maintenance and renovation expenses of our rental warehouse and office of our company that does construction material business?

The investment is entered in 264 account. It is written off as an expense by extending it over the rent period.

Explanation of the 264 Special Costs Account: It includes the expenses made for the development of the leased rental properties or to continuingly increase their economic value and the amounts of the assets that are made for the usage of the real estate property and will be left to the landlord at the end of the rental agreement.

Functioning of the 264 Special Costs Account: The expenses are entered to this account as debt. These amounts are redeemed in equal amounts in the rent period or in 5 years if the rent period is more than 5 years.

 

 

 

Source: İSMMMO
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.

]]> https://www.muhasebenews.com/en/is-it-possible-to-write-off-the-investments-for-the-rental-office-as-expense-at-once/feed/ 0 Brasil calls for investments https://www.muhasebenews.com/en/brasil-calls-for-investments/ https://www.muhasebenews.com/en/brasil-calls-for-investments/#respond Wed, 23 Jan 2019 13:30:13 +0000 https://www.muhasebenews.com/?p=44846 President of Brasil, Jair Bolsonaro announced that his country is open for investments, addressing bankers, investors, and executives at this year’s Davos summit.

Mr. Bolsonaro, who took the chair earlier this year, mentioned about his ‘’new Brasil’’ plan that encourages foreign investment.

The country has been slowly recovering from the economic crisis of 2016 and 2017.

International Monetary Fund (IMF) updated its growth outlook for Brasil on Monday, reducing concerns.

 

 

 

 

 

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.

]]> https://www.muhasebenews.com/en/brasil-calls-for-investments/feed/ 0 China to cut investments to the U.S https://www.muhasebenews.com/en/china-to-stop-investments-in-the-u-s/ https://www.muhasebenews.com/en/china-to-stop-investments-in-the-u-s/#respond Tue, 15 Jan 2019 13:18:20 +0000 https://www.muhasebenews.com/?p=44212 Foreign direct investment from China into the US have decreased by 83% in 2018, according to a report published by law firm Baker McKenzie on Monday.

On the other hand, Chinese companies entered on a significant amount of sales in real-estate, hospitality and entertainment industries.

Baker McKenzie reported that net foreign direct investment from China into North America turned negative in 2018 with around $5.5 billion.

It is also added that Chinese assests worth $12 billion worldwide are expected to be sold within this year.

This results from Beijing’s decision to restrict investments outside the country.

 

 

 

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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