Regional Incentive Practices

The sectors to be supported in the Regional Incentive Implementation were determined by taking into consideration the potentials of the provinces and their economic scale sizes and the aid densities provided by the incentive instruments according to the development levels of the provinces were differentiated. Within this framework, the minimum fixed investment amounts and / or capacities of the investment areas in which provinces can benefit from regional supports are determined. Turkey Region 6 is separated TRA2 all provinces of Region 6 is situated in the area of ​​industry distinction that supports the most intense and lack of implementation. Fixed investment of minimum 500.000 TL from 1.1.2014

and all elements of the Regional Incentive Practices. Supports provided by Regional Incentive Practices:

VAT Exemption

Within the scope of Investment Incentive Certificate, VAT is not paid for the investment goods machinery and equipment to be procured from domestic and foreign countries.

Customs Duty Exemption

Within the scope of the Investment Incentive Certificate, the investment goods to be procured from abroad is applied as non-payment of Customs Duty for machinery and equipment.

Investment Allocation

An investment site may be allocated for the investments that are issued with the Investment Incentive Certificate in accordance with the procedures and principles set by the Ministry of Finance.

Tax Reduction

Income or corporate tax, the amount of the contribution foreseen for the investment until it reaches the discounted application. For the investments to be made within the scope of the Investment Incentive Certificate in the 6th Region, including the TRA2 Region as of 1/1/2014, the Income / Corporation Tax will be paid at a rate of% 90 (\% 2 instead of% 20); this practice will continue until the sum of the unpaid taxes is 35% of the investment (40% of the investment OIZ). In order to provide capital contribution in the investment period, 80% of the investment contribution amount can be applied over the gains obtained from all activities of the investor during the investment period. anywhere in Turkey for investments to be made to a company registered in the region can benefit from the support TRA2 Tax Rebate.

Insurance Premium Employer Share, Insurance Premium Worker Share and Work Income Tax Stop Support

The insurance premium paid to the relevant institutions by the employer is to be covered by the Ministry of Economy and the portion corresponding to the minimum wage of Income Tax Withholding shall be paid by the Ministry of Economy. This support aimed at reducing the labor cost and corresponding to approximately 40% of the minimum wage, including the TRA2 Region for the additional employment provided, and the employer's share of the insurance premium in the region without an upper limit for 7 years (9 years in the investment OIZ), insurance premium employee and worker income tax withholding will be applied for 10 years.

For the first six months of 2014, the Employer's Load for the Gross Minimum Wage of TL 1.071 is a total of TL 1.258. In the investments to be made within the scope of the investment incentive certificate, a total of 495 TL support is provided for a worker and the employer payload is 763 TL.

Interest Support

It is a financial support provided for investment loans with a minimum maturity of 1 year. The amount of interest to be paid or the portion of the profit share to be used for the credit used up to 70% of the fixed investment amount registered in the incentive certificate is met by the Ministry of Economy. The support for the 6th Region, including the TRA2 Region, is 7 points for TL loans and 2 points for foreign currency loans. Maximum Support Amount can not exceed 900.000 TL and 5 years.

Promotion of Large Scale Investments

Investment projects with different sizes are supported with differentiated incentive instruments according to the region, which will increase the technology and R & D capacity and provide competitive advantage in the international arena. Within the scope of Large Scale Investments to be made in the 6th Region, including the TRA2 Region; VAT Exemption, Customs Duty Exemption, Investment Location Allocation, Tax Reduction, Insurance Premium Employer Share, Insurance Premium Employee Share, Income Tax Withholding Supports can be used.

Promoting Strategic Investments

Strategic Investment Promotion is designed to support investments that will increase the production of products with high dependence on imports. In this sense, with a minimum investment amount of 50 million TL, more than 50% of domestic demand is met by imports, in the last year 50 million TL of imports have been made and the projects with the minimum 40% value added will be provided. in all provinces of Turkey without being subject to regional differentiation according to regional or large-scale investment incentive applications can benefit from incentive measures in more advantageous conditions. Within the scope of the Strategic Investments in the 6th Region, including the TRA2 Region; VAT Exemption, Customs Tax