Secure Your Investments with Investment Incentive Legislation Consultancy
Turkey has become an attractive country for investors, offering excellent opportunities thanks to its strong economy and developed infrastructure. However, to make the most of these opportunities and maximize investment benefits, taking advantage of investment incentives is crucial. The incentives provided through the Investment Incentive Certificate help reduce costs and make investments more profitable. At Boğaziçi Customs, we offer comprehensive Investment Incentive Legislation Consultancy to secure your investments in Turkey.
What is Investment Incentive Legislation?
Investment Incentive Legislation is a regulatory framework designed to encourage investments in specific sectors and regions within Turkey. These incentives aim to reduce capital costs for investors, create employment, and promote regional development. Among the incentives provided with the Investment Incentive Certificate are tax reductions, customs duty exemptions, VAT exemptions, interest support, and land allocation for investments.
Why is Investment Incentive Legislation Consultancy Important?
The Investment Incentive Legislation is comprehensive and detailed, requiring expert assistance to ensure investors fully benefit from the available incentives. Boğaziçi Customs’ Investment Incentive Legislation Consultancy service helps investors select the right incentive packages and accelerates the application process. Misunderstanding the incentives or submitting incorrect applications can lead to missed opportunities. Therefore, our consultancy plays a critical role in securing your investments and maximizing your benefits.
Incentives Under the Investment Incentive Legislation
Obtaining an Investment Incentive Certificate provides investors with numerous advantages. These benefits vary depending on the size, region, and sector of the investment. Key incentives include:
- Tax Reduction: Significant reductions in income and corporate taxes are offered, lowering operational costs and shortening the return on investment period, increasing profitability.
- Customs Duty Exemption: Machinery and equipment imported for the investment are exempt from customs duties, especially beneficial for technology investments.
- VAT Exemption: Domestic and imported machinery purchases are exempt from VAT, significantly reducing investment costs.
- Interest Support: The government provides interest support for loans used for the investment, a substantial financial aid for small and medium-sized businesses.
- Land Allocation for Investment: The government may allocate land for investments in strategic sectors, helping investors find suitable locations at lower costs.
Boğaziçi Customs’ Investment Incentive Legislation Consultancy Services
At Boğaziçi Customs, we offer all the professional consultancy services needed during the application process for obtaining the Investment Incentive Certificate. Our consultancy services include:
- Selecting the Incentive Package: We conduct a comprehensive analysis to determine which incentives your investment can benefit from. Based on the type and sector of your investment, we aim to select the most suitable incentive package for maximum benefit.
- Managing the Application Process: Our expert team assists in preparing all necessary documents and ensuring they are submitted correctly to the relevant authorities during the Investment Incentive Certificate application process. We support you throughout the entire process to minimize delays and errors.
- Monitoring the Process and Reporting: After the application, we track the progress and regularly update the investor. Once the certificate is approved, we manage the process by conducting compliance audits for your investment.
- Legal Support During the Investment Process: We provide continuous legal support during the investment process to prevent any issues with the use of incentives.
Key Points to Know About Investment Incentive Legislation
- Before applying for the Investment Incentive Certificate, it’s essential to carefully plan your investment and choose the right incentive strategy.
- Turkey’s incentive system varies depending on the sector and region, with different incentive rates and components. Therefore, each investment requires separate evaluation.
- With the right guidance and knowledge, the processes can be managed more efficiently and smoothly while taking advantage of incentives.
Investment Incentive Legislation provides great opportunities for investors to make their investments in Turkey more advantageous and profitable. However, to fully benefit from these opportunities, obtaining expert support is critical. At Boğaziçi Customs, we help investors make the most of the Investment Incentive Legislation and manage the process professionally. Secure your investments with our Investment Incentive Consultancy services and achieve more profitable investments in Turkey.
