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 dutiesCustoms tax exemption for imported machinery and equipment for projects with an incentive certificate
2) VAT exemptionVAT exemption for locally purchased or imported machinery and equipment for projects with an incentive certificate