Incentives in İzmir General Investment Incentive Regime

General Investment Incentive Regime

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General incentives will be given to all investments except those listed in the Decree, which cannot be classified as Large Scale Investments or cannot be supported under regional incentives. General investment incentive regime is mainly a tax benefit program, in some cases with credit possibilities.

In order to qualify for general incentives in İzmir, minimum investment should be 1 million TL.

Investments supported under this category will receive the following incentives:

1) Exemption from customs duties

Customs tax exemption for imported machinery and equipment for projects with an incentive certificate

2) VAT exemption

VAT exemption for locally purchased or imported machinery and equipment for projects with an incentive certificate