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   09 January 2009, Friday
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Establishing a Business in Turkey
Cost of Doing Business in Turkey
Incentives and Taxes
Land for Investment
Demography and Labor Force
Business Environment and Infrastructure
Main Economic Indicators
FDI in Turkey
International Trade

Sectoral Limitations

Investment Certificates are not issued for the belove mentioned investments:

Agriculture Sector

>>Vegetable cultivation investments other than seed propagation, seedling growing, nursery gardening, mushroom and greenhouse cultivation.

>>Ostrich production

Mining Industry
Mine site investments with royalty

Manufacturing Industry

>>
Cotton processing investments

>>( New investment or expansion projects in ) Synthetic fibre

>>Investments in projects which are totally new or  which involve an expansion integration, and product variation in the production of biscuits, pasta, flour, semolina, and animal feed (except for fish bait and animal food production within integrated animal husbandry projects)

Services

>>
Bus, trailer, tow-truck investments for passenger and cargo transport ( Except for those made by Municipalities)  

>>Recording studio investments  

>>Repair, maintenance and service stations investments for road vehicles  

>>Building contracting investments 

>>Hypermarkets, commercial centres, shopping malls and parking lots investments 

>>Petrolium products ( including LPG) distribution investments 

>>Automation investments other than those for automation of industrial facilities

>>Laundries and carpet cleaning investments

>>Yacht imports investments

>>Recreation facilities investments on highways

Moreover, there are various restrictions in some sectors depending on the product, or the type of investment. Among the most important of these are are:

>>Incentive certificates are not issued for investments in land vehicles and tractors with completely new engines (excluding completely new automobile production investments exceeding $250 million and the production of new commercial vehicles exceeding $50 million).

>>Investments in totally new and extension projects in hazelnut shelling-drying-roasting in provinces other than Ordu, Giresun, and Trabzon.

Source:www.investinturkey.gov.tr

 
 
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Related Legislation
Details Of The Incentives
Minimum Investment Amount
Authority To Apply To For Incentive Certificates
Amount Of Collateral To Be Deposited
Application Documents Required
Exemption From Customs Tax
VAT Exemption
Interest Expenditure Support
Used Machinery And Equipment Import
 
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