Figure-1 illustrates the sectors and minimum investment amounts that are eligible for incentives for large-scale investments in İzmir.

In addition to General Incentives, large-scale investments may enjoy the following incentives:

1)  Reduced corporate tax

Reduced corporate tax or income tax rate is applied until cumulative reduction reaches to a certain percentage of the investment. “Percentage of support for the investment” is the expression given to this percentage.

Reduced tax rate for projects qualifying as large projects and materialising in İzmir will apply in accordance with the following Table:

2) Support for Employer’s Contribution for Social Security

The Treasury will pay social security contribution payable by employer for extra staff employed as a result of the projects, which qualify as Large Scale Investments, in İzmir for the durations stated below. The fee paid by the Treasury will be based on minimum wage per worker.

3) Land allocation

Large Scale Investments may be allocated government land free of charge.