Turkish Free Zones are tax-free zones. Income generated through
activities in the Zones are exempted from all types of tax including
income, corporate and value-added tax.
- Free Zones' earnings and revenues
can be transferred to any country, including Turkey, freely without
any prior permission and are not subject to any taxes, duties or
- There is no limitation on the
proportion of foreign capital participation in investment within the
- The maximum period for an operating
licence is 99 years.
- Contrary to most Free Zones in the
world, sales into the domestic market are allowed in Turkish Free
- Currencies used in the zone are
convertible foreign currencies accepted by the Central Bank of
- Strikes and lock-outs are
prohibited for a period of ten years from each Zone's date of
- Infrastructure of the Turkish Free
Zones is comparable to international standards.
- Red tape and bureaucracy have been
minimized during application and operation phases by authorizing
only one agency in charge of these procedures.
- The geographical location of Turkey
provides significant advantages for the Turkish Free Zones.
- Turkish Free Zones are adjacent to
the major Turkish ports on the Mediterranean, Aegean and Black Seas.
In addition, they were established within easy access of
international airports and highways.
- There are no procedural
restrictions regarding price, standards or quality of goods in the
Turkish Free Zones.
- In the Turkish Free Zones
Municipality Law, Passport Law, Foreign Investment Law, Foreign
Investment and Encouragement Law, and all other articles of law
contrary to the provisions of the Free Zones Law, are not