SUPPORT TO BE PROVIDED IN SPECIALIZED FREE ZONES

SUPPORT TO BE PROVIDED IN SPECIALIZED FREE ZONES

Project Status : Active
Updated Date : 27.04.2021

DETAILS

The purpose of the support is to develop the international competitiveness of foreign exchange earning service sectors and sectors that are R&D-intensive, high-tech or high-value-added goods production and to cover the expenses related to the activities carried out by the users and the operators of the regions operating in the specialized free zones in order to increase their exports and service revenues from the Support and Price Stability Fund.

Users operating in the specialized free zone;

  1. a) Monthly gross wages of up to 10 (ten) qualified personnel employed for their activities in this field, at the rate of 50% and a maximum of USD 15,000 per year per employee,
  2. b) In these areas, the rental expenditures for the land and buildings they rent are supported at a rate of 50% and a maximum of USD 75,000 per year.

(2) Zone operators;                         

  1. a) The interest or dividend expenses of investment loans with a maximum maturity of 10 years and up to USD 10 million are supported at a rate of 50%, provided that they do not exceed 50% of the fixed investment amount committed during the investment phase.