With a total of 4 million square meters of investment area, the 2 Free Trade Zones, which also provide the opportunity to benefit from various incentives, are significant investment opportunities for the investors that target foreign markets.
Free Trade Zones make up about 1/4 of the foreign trade volume of İzmir with approximately 4.5 billion of annual foreign trade volume.
Advantages of Free Zones
100% exemption from customs duty and other taxes.
100% exemption from corporate taxes for manufacture companies.
100% exemption from value added tax (VAT) and private consumption taxes.
100% exemption from income tax collected from the salary of the employee (for the companies that export minimum 85% of FOB costs of the products produced in free zones).
Goods can be hold without time limit in free zones.
Companies can freely transfer the profit made in free zones abroad or to Turkey without any limitation.