Investment Incentive
Investments have always been supported by the government. Depending on the evolving economic conditions and the development levels of investment regions, investment incentive legislation is among the most frequently changing regulatory groups. The most critical factors determining investment incentives are the type and location of the investment. Investments made in the right place and in the right type significantly reduce costs. Substantial supports provided (such as reduced corporate tax, VAT exemption, customs duty exemption, income tax withholding support, employer’s share of social security premium support, investment location allocation, interest support, VAT refund, social security premium support) require stringent conditions. The most common issues encountered at this point are:
- The amount of investment incentive benefited remains low because the latest changes are not followed,
- Benefiting from investment incentives inappropriately when conditions are not met.
Starting from the determination of the investment region, obtaining, and closing the investment incentive certificate, and ensuring that you fully and accurately benefit from the incentive elements, you can contact us for more information.
R&D and Technopark Incentives
With the aim of increasing competitive power, producing high value-added products, and enhancing investment potential, the legislation of R&D and Technology Development Zones has brought significant tax benefits, and design activities have also been included in this scope. It has been observed that audits have intensified recently to determine whether these incentive elements are being utilized correctly. You can contact us regarding which existing activities can be evaluated as R&D activities, the conditions for benefiting, the incentive elements, and TÜBİTAK Reporting.
