PROJECT BASED INCENTIVE SYSTEM

PROJECT BASED INCENTIVE SYSTEM

Project Status : Active
Updated Date : 27.04.2021

DETAILS

Private Sector Organizations (companies) that envisage a fixed investment of at least 500 million TL (50 million TL for investments decided to be supported under the Technology Oriented Industry Move Program) can benefit from these incentives.

The Project-Based Incentive System, implemented under the "Decision on Granting Project-Based State Aid to Investments" numbered 2016/9495, is a project-based program to support innovative, R&D intensive and high value-added investments  that ensure supply security, reduce foreign dependency, realize technological transformation, will meet the current or future critical needs of our country in line with the development plans and the targets foreseen in the annual programs, special for investments of 500 million TL and above (50 million TL for investments decided to be supported under the Technology Oriented Industry Move Program). The projects supported within the scope of the program are published in the Official Gazette with the Decree of the President.

  • Customs duty exemption
  • VAT exemption
  • VAT refund
  • Tax deduction or exemption
  • Insurance premium employer's share support
  • Income Tax Withholding Support
  • Qualified personnel support
  • Interest or dividend support
  • Capital contribution
  • Energy support
  • Public procurement guarantee
  • Investment location allocation
  • Infrastructure support
  • Facilitating arrangements for permits, allocations, licenses, licenses and registrations brought by laws and other legal and administrative processes

Grant support