We assess your investment project under the incentive legislation in force and advise on investment incentive certificates, government support and inward processing authorisations from application to closing. At the investment decision stage, we set out, together with a feasibility study, the legal obligations the investment will create, the support elements that can be used and the financial burdens.
Investment incentive certificate
An incentive certificate gives access to different support elements depending on features of the investment such as its subject, location and amount. Depending on the scope of the certificate, support such as VAT exemption and customs duty exemption on machinery and equipment purchases, tax reduction, support for the employer's share of social security premiums, interest or profit share support and the allocation of an investment site may be available.
The rates, durations and regional differences of the support elements are set by the legislation and change from time to time. We therefore calculate the support applicable to your project according to the regulations in force on the date of application.
- Determining whether the investment falls within the scope of incentives and the appropriate type of support
- Preparing the application file and the machinery and equipment lists
- Certificate revisions, extensions of time and change requests
- Completion visa procedures when the investment is completed
- Reflecting the tax reduction and premium support correctly in the accounts and tax returns
KOSGEB and development agency support
KOSGEB supports small and medium-sized enterprises through programmes opened periodically. The Bursa Eskişehir Bilecik Development Agency (BEBKA), covering Bursa, Eskişehir and Bilecik, provides financial support to businesses in the region through calls for project proposals. We follow the calls that open, assess which programme your project fits and help prepare the application file.
Inward processing authorisation
The inward processing regime allows raw materials and intermediate goods used in the production of goods to be exported to be imported under the authorisation without paying customs duty and similar charges, and provides a VAT advantage on domestic purchases under the conditions of the legislation. We handle the authorisation application, the tracking of the export commitment and the closing of the authorisation together with you. For VAT receivables arising from exports under the regime, our VAT refunds service also comes into play.
What we need from you
The subject, location and estimated amount of the investment, the list of machinery and equipment to be purchased, the planned employment and the financing structure are sufficient for an initial assessment. Talking to us before starting the investment or ordering machinery is important if you want to benefit fully from the support. To tell us about your project, you can make an appointment via our contact page.
Who is it for?
- Manufacturers setting up a new facility or increasing capacity
- SMEs planning machinery and equipment investment
- Companies producing with imported inputs and exporting
- Foreign investors planning a manufacturing investment in Turkey
How does the process work?
- Step 1
Project assessment
We listen to you about your investment and set out the suitable support programmes and the estimated benefit.
- Step 2
Application preparation
We prepare the application file, lists and necessary documents.
- Step 3
Application and follow-up
We submit the application to the relevant authority and respond to requests for additional information.
- Step 4
Implementation
We make sure purchases and support under the certificate are reflected correctly in the records.
- Step 5
Closing
We handle the completion visa or the closing of the authorisation.
Frequently asked questions
How is an investment incentive certificate obtained?
The application is made through the electronic system of the Ministry of Industry and Technology together with information and documents on the investment. The Ministry issues the certificate after assessing the subject, location and amount of the investment. Since, as a rule, expenditure made before the certificate is obtained cannot benefit from the support, the application should be made before the investment begins.
Which documents are required for an incentive certificate?
In general, information on the company, the subject and capacity of the investment, details of the investment site, the machinery and equipment list, the financing plan and employment information are requested. Additional documents may be needed depending on the type of investment. We prepare a list specific to you in the initial meeting.
Which support can be obtained with an incentive certificate?
Depending on the scope of the certificate, support such as VAT exemption, customs duty exemption, tax reduction, support for the employer's share of social security premiums, interest or profit share support and the allocation of an investment site may be available. Which support applies and at what rate depends on the nature and location of the investment.
What is the advantage of an inward processing authorisation?
It allows the inputs used in producing goods for export to be obtained under the authorisation without paying customs duty and similar charges. This reduces the exporter's costs and financing needs. The export commitment in the authorisation must be fulfilled on time; otherwise the advantages may be reclaimed.