Investment Incentives Consultancy: Discover How to Invest in Turkey
Investment Incentives Consultancy: Discover How to Invest in Turkey
Strong economic development, a strategic location, and developed infrastructure make Turkey one of the most favorite countries for investors, both nationally and internationally, these days. You can further increase the profitability of your investments by adopting the right investment strategy. Among the most effective ways to decrease your costs and optimize your investments are ways of benefiting from the Investment Incentive Legislation.
Our Boğaziçi Customs investment consultancy will get you one step closer to taking the right step in making an investment.
What is Investment Incentive Legislation?
Incentive Legislation for Investment: To attract investment into certain regions and sectors in Turkey, regulations and practices have been made and put into practice. The purpose of the investment incentives would be to decrease the cost, raise profitability, and eliminate the regional differences in development for investors. It comprises the following advantages: a tax reduction; exemption from customs duty and value-added tax, interest support; investment promotion allocation.
Why is investment incentive consultancy important?
The scope of Investment Incentive Legislation has been too broad and complex. Indeed, investors should resort to professional consultancy services to use all possible incentives. Thanks to the Boğaziçi Customs Investment Incentive Consultancy, you can determine the most suitable incentive package for your investment and accelerate the stages with respect to the application for an incentive certificate. Otherwise, incomplete documents render the opportunity of applications null. Thanks to our consultancy, your investment process will proceed safely and correctly at each stage.
Benefits stemming from the Investment Incentive Certificate
There are numerous advantages for investors in obtaining an Investment Incentive Certificate. The rate varies according to the size, location, and sector in which the investment is made. A summary of the main incentives provided under the Investment Incentive Certificate includes:
Tax Exemptions: High exemptions in income and corporate taxes reduce the cost of operation, decreasing payback time for investments and raising profitability accordingly.
Exemption from Customs Duty: Customs duty is not levied against imported machinery and equipment connected with an investment. This is a big plus, especially for technological investment.
VAT exemption is extended to all machines purchased for investment both domestically and abroad to a large extent, reducing the costs of the investments.
State Interest Support: The state interest support respects the loan used in investment. This comprises an important financial resource for the small and medium-scale enterprises.
Investment Land: The state can provide investment land for various ventures that are into strategic sectors. It enables the investors to set up a business venture in a strategically located area with less cost.
Boğaziçi Customs Investment Incentive Consultancy Services
Below are all the processes involved in an Investment Incentive Certificate Application, for which we offer professional consultancy at Boğaziçi Customs:
Incentive Package Selection: We first identify through comprehensive analysis what kind of incentive package may be suitable for your investments, and then select the best available incentive package, considering the type and nature of investments.
Application Process Management: We will help in the preparation of the necessary documents and further submissions before the respective authority. We keep the application process running smoothly and professionally.
Follow-up and reporting: We trace the process right from the very date of submission and report to the investor in detail. Upon issuance of the incentive certificate, there will be an audit of incentives on correct usage. Legal support in the whole process of investment: we always keep on hand legal support to avoid possible legal problems in the investment process.
The most important things to know about the Investment Incentive Law.
The investment to be made must be well-planned, having a correctly defined incentive strategy, before filing the respective application for an Investment Incentive Certificate.
The incentive system involves various regions and sectors of Turkey, therefore each investment shall be appraised separately. The provision of proper information and guidance will facilitate you with availing all these incentives.
The Investment Incentive Legislation is among the essential tools you need to make your investments more advantageous and profitable in Turkey. On the other hand, it is also essential to take professional support in order to get the full benefit of such incentives. The Investment Incentive Consultancy services herein Bogazici Customs will ensure investors derive maximum benefit under the incentive legislation and thus proficiently manage the process. For secured investments and more profitable investments in Turkey, please do not hesitate to contact us.
