Specialist Free Zone Investors Support

Specialist Free Zone investors support
Specialist Free Zone investors support

Trade Minister Ruhsar Pekcan stated that they have implemented the specialized free zones model and stated that they will provide interest or profit share support to the operating companies that will establish these zones for a maximum of 50 years provided that they do not exceed 10 percent of the fixed investment amount they have committed during the investment phase.

Ministers Pekcan, sharing his Twitter account, Turkey's R & D and technology content-intensive, aimed at increasing high value-added goods and services production and export "Specialized Free Zone" model indicated that they had implemented.

The Official Gazette by the President decree published today Turkey R & D intensive, rental firms will contribute to high-tech and value-added export destination, as well as support as qualified employment income, corporate and they offer many tax exemptions, such as customs duties expressing Pekcan, noted:

“We will also provide interest or dividend support to the operating companies that will establish these zones for a maximum of 50 years, provided that they do not exceed 10 percent of the fixed investment amount they have committed during the investment phase. We aim that the incentives and supports to be provided in specialized free zones will make a significant contribution to attracting international investors, together with our country's young and qualified workforce, appropriate infrastructure and logistics advantages. We determined the first sector targeted by our specialized free zones, where bureaucracy is reduced and will be equipped with one-stop service provision, as the IT sector, and for this purpose, we established the Istanbul Specialized Free Zone. In our country, service sectors have gained a significant momentum, especially with the software and game development dimension. kazanWe aim to further accelerate the dynamism in the sector with the specialized free zones model.

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