It has been a rough and challenging season for almost all business sectors. Governments are well aware of that. The Turkish government is among them. If you are looking for a reasonable opportunity to make a profit-making investment government encouragement in Turkey is one of the best choices you have.
Strong Location, Constitutional Safety, Government Encouragements
As many of you know well, Turkey is located in an amazingly advantaged position. Being a bridge between east and west, Turkey has a strong infrastructure. Fully equipped airports, naval ports, and land roads are promising strong logistic services. As a promising land, Turkey is a sound option when it comes to either forging a new business or using it as a logistic base. You can find valuable information about the investment in Turkey subject within our blog. In this article though, we will be taking a closer look at government encouragements in Turkey for foreign investors.
Tax-Free Business for Investment in Turkey
Turkish government offers various advantages to abroad investors. This, of course, includes doing tax-free business too. Here are some examples:
KDV + Customs Tax-Free
KDV stands for Katma Değer Vergisi, roughly translating Value Adding Tax. This is one of the most common and all-around applied taxes of the country. If you are making an investment in Turkey, you do not pay any KDV for the equipment and machines you will buy. It stands for both within and outside of Turkey acquisitions. The same advantage goes for Customs Tax too.
General Tax Discount
Until your business grows into a certain profit-making point, you will be taking advantage of one of the most useful Turkish opportunities. While you are responsible for paying various taxes during doing business in Turkey, you won’t be held responsible for a large amount of taxes.
SGK Discount ( Worker and Business Owner Taxes)
According to the Turkish constitution, the business owner has to pay a certain amount of money each month for each worker he hires. This money goes to the government in return for health services and retirement payments to workers. A business owner also has to pay a certain amount of tax for his own too. As you can see, to manage a socially supporting government, there are lots of taxes. As a person who is making an investment in Turkey, the government will be paying these taxes for you. This means a serious amount of money will not be spent by you. SGK Discount is one of the most important and promising Turkish investment opportunities for business people.
Free Land Allocation
The Turkish government is willing to help investors by allocating necessary lands for commercial use.
Research and Development Encouragement
Creating value within Turkey is amazingly important, as expected for the Turkish government. Therefore there are lots of encouraging payments for those who make an investment in Turkey.
We Are Here For Your Investment
As you can see, there are lots of advantages to making an investment in Turkey. If you are willing to take advantage of these magnificent offers, all you need to do is get in touch with Trem Global. We are a respected company who has been giving investment consultancy for years. We are looking forward to adding you to our satisfied and profit-making business partners.