Incentius del govern turc per a la inversió

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http://www.anella.cat/web/portal/experiencies/-/custom_publisher/yB90/28486140/Invertir-a-Turquia-i-incentius-del-govern-turc-per-a-la-inversio
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La posició estratègica de Turquia és molt atractiva, al bell mig d'economies emergents, i la seva economia està clarament a l'alça gràcies a la seva productivitat, un mercat potencial de consumidors que no para de créixer i als canvis legislatius del 2003 que van afavorir l'activitat productiva i la inversió estrangera.

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  • I would like to touch upon an important point for us. As some of you may know, the year 2023 would be the centenary of Turkish Republic’s establishment. Therefore we set up a challenging vision for 2023. By year 2023, we do intend; to take place among the top 10 economies in the world, to achieve an annual export level of 500 billion USD and to raise per capita income to 25 thousand USD. In line with these targets, we strongly need to take three fundamental and crucial steps. In other words, in order to secure our year 2023 vision, we dedicated ourselves to commit three actions and these are as follows: First, we are highly decisive to provide the integrity between investment, production, employment and export policies, We are also determined to increase the production of raw material and intermediate goods in which Turkey is highly dependent to import, Finally, we are persistent to shape the transformation of our export from labor-intensive technologies to information-intensive technologies that means the transition to medium or high technology products in a sense. These are the reasons that we have prepared a new incentive scheme. The medium term programme aims to sustain economic growth, to decrease the current account deficit, and to preserve macroeconomic and financial stability. With this stable growth, Turkey targets to be one of the biggest ten economies of the world in 2023, which is the centennial of our Republic, with a GDP of 2 trillion dollars and an export figure of 500 billion dollars.
  • The provinces are ranked according to their socio-economic development levels, the country is divided into 6 different regional areas as seen on the map. The red coloured areas are the most developed regions whereas the orange ones are the least developed regions. The aim of this scheme is to eliminate inter-regional imbalances. The supported sectors in each region are determined according to the economic potentials of provinces and scales of economies. For each provinces, there is a supported sectors list with a different minimum investment amount or minimum capacity requirement s .
  • This matrix table is showing support measures’ rates and terms for each region seperately. As you see here, supports are increasing when the development level of region is decreasing. I want to emphasize two points here; In terms of two support measures (Tax Reduction and SSPS(employers share)) companies can benefit from the one level up supports when the investment is in OIZs. Secondly, the support measures for region 6 is extremely high. For example, when you look at Region 3 investment in an OIZ, the support measures are as following; VAT Exemption, Customs Duty Exemption, Tax Reduction with 30% rate of contribution, SSPS(employers share) for 6 years, Land Allocation and Interest Rate Support.
  • Investments in some sectors are determined as priority investments. Even if the companies make the investment in Region 1,2,3 or 4 , they will benefit from the support measures of Region 5. The investments are as following;
  • Investments in some sectors are determined as priority investments. Even if the companies make the investment in Region 1,2,3 or 4 , they will benefit from the support measures of Region 5. The investments are as following;
  • 12 different sectors which are critical for our economy are determined as large scale investments. These sectors are as following; The investments made in these sectors can benefit from this scheme in any region. And on the right hand side, you see the minimum investment amount requirements for benefiting from large scale scheme.
  • This matrix table is showing support measures’ rates and terms for each region seperately under large scale investment incentive scheme. Again you see here, supports are increasing when the development level of region is decreasing. For example, when you look at Region 5 investment out of OIZ, the support measures are as following; VAT Exemption, Customs Duty Exemption, Tax Reduction with 50% rate of contribution, SSPS(employers share) for 7 years, Land Allocation.
  • Startegic investments are defined as the investment for the production of intermediate or final products of which more than 50% of the market demand is supplied by imports . Energy investments for exclusive use of such strategic investments will be also considered as strategic investments. This scheme aims at support ing production of intermediate and final products with high import dependence with a view to reduce current account deficit on the basis of the “Input Supply Strategy”. It also targets encouraging high-tech and high value added investments with a potential to strengthen Turkey’s international competitiveness.
  • This table is showing the support measures for strategis investments. Strategic investments will benefit from the same support measures and rates in any region of the country. For this scheme, VAT refund is a special support measure which is available for the investments above 500 million TL. This support measure will be a cash grant during investment period. The VAT paid for the building and construction expenses will be rebated to the company.
  • Incentius del govern turc per a la inversió

    1. 1. For further inquiries: incentives@economy.gov.trSeminar Organized by ACC1Ó – INVEST IN TURKEY –CONSULADO GENERAL DE TURQUÍA EN BARCELONADr. Erdal BAL,17 April 2013, BarcelonaGOVERNMENT INCENTIVESTO INVESTIN TURKEYREPUBLIC OF TURKEYMINISTRY OF ECONOMYGENERAL DIRECTORATE OF INCENTIVE IMPLEMENTATION ANDFOREIGN INVESTMENTREPUBLIC OF TURKEYMINISTRY OF ECONOMY11
    2. 2. For further inquiries: incentives@economy.gov.trTHE NEW INVESTMENTINCENTIVE PROGRAM22
    3. 3. For further inquiries: incentives@economy.gov.trPolicy OrientationThe year 2023 would be the centenary of Turkish Republic’s establishment.Therefore we set up a challenging vision for 2023. By year 2023, we do intend; to take place among the top 10 economies in the world, to achieve an annual export level of 500 billion USD and to raise per capita income to 25 thousand USD.Medium Term Program aims to sustain economic growth, to decrease thecurrent account deficit, and to preserve macroeconomic and financial stability.New Investment Incentive ProgramNew Investment Incentive Program2013* 2014* 2015*GDP (Billion $, Current Prices) 858 919 998GDP Per Capita ($) 11,318 11,982 12,859Real GDP Growth (%) 4.0 5.0 5.0Current Account Balance / GDP (%) -7.1 -6.9 -6.533
    4. 4. For further inquiries: incentives@economy.gov.tr 44Incentive SchemesIncentive Schemes
    5. 5. For further inquiries: incentives@economy.gov.trSupport MeasuresSupport MeasuresSupport MeasuresSupport MeasuresGeneralGeneralInvestmentInvestmentRegionalRegionalInvestmentInvestmentLarge ScaleLarge ScaleInvestmentInvestmentStrategicStrategicInvestmentInvestmentVAT Exemption    Customs Duty Exemption    Tax Deduction   Social Security Premium Support(Employer’s Share)  Interest Support  Land Allocation   VAT Refund Only For Region 6 (The Least Developed Region)Income Tax Withholding Support    Social Security Premium Support(Employee’s Share)  55
    6. 6. For further inquiries: incentives@economy.gov.tr VAT Exemption: VAT exemption for investmentmachinery and equipment imported and/or locally providedwithin the scope of the incentive certificate (~18%) Customs Duty Exemption: Custom duty exemption forinvestment machinery and equipment imported within thescope of the incentive certificate (~2%) Tax Deduction: In terms of tax reduction, contributionrates available from 15 % to 65 %Support MeasuresSupport Measures66
    7. 7. For further inquiries: incentives@economy.gov.trInvestment Amount $5.000.000Tax Rate %20Tax Reduction %70Corporate/income tax rate to be applied until the investormakes full use of support measure’s contribution toinvestment amount%6Rate of Contribution to Investment %30Tax Deductable Amount $1.500.000Support MeasuresSupport MeasuresTAX DUDUCTION EXAMPLE77
    8. 8. For further inquiries: incentives@economy.gov.tr Interest Rate Support: For investment loans, a certain portion of theinterest share covered by the Ministry.3-7 percentage points for TL credits,1-2 percentage points for foreign currency credits. Land Allocation: Government land allocatedfor the investments. VAT Refund: VAT collected on the building & construction expenseswill be rebated. (only for strategic investment projects with a fixedinvestment cost of least TL 500 Million)Support MeasuresSupport Measures88
    9. 9. For further inquiries: incentives@economy.gov.trFor the additional employment created by the investment Social Security Premium Employer’s Share, certain portions of laborwages corresponding to amount of legal minimum wage covered by the Ministry. (~ $104 per employee per month)Available up to 12 years Social Security Premium Employee’s Share, certain portions of laborwages corresponding to amount of legal minimum wage covered by the Ministry.(only for Region 6) (~ $ 75 per employee per month)Avalable for 10 years Income Tax Withholding exemption, exemption from income taxwithholding. (only for Region 6) (~ $ 68 per employee per month) Avalable for 10yearsSupport MeasuresSupport Measures99
    10. 10. For further inquiries: incentives@economy.gov.tr 1010
    11. 11. For further inquiries: incentives@economy.gov.trRegional Investment Incentive SchemeRegional Investment Incentive SchemeRegionalRegional IncentivesIncentivesThe aim of the Scheme: Aims to eliminate inter-regional imbalances.The supported sectors: Supported sectors determined according to the economic potentialsof provinces and scales of economies. For each provinces, supported sectors list with a different minimuminvestment amount or capacity requirement.The support rates and terms: Rates and terms of support measures differentiated according todevelopment level of the regions.1111
    12. 12. For further inquiries: incentives@economy.gov.trRegional Incentives MapRegional Incentives Map1212
    13. 13. For further inquiries: incentives@economy.gov.trREGIONAL INVESTMENT INCENTIVE SCHEMESummary TableSummary TableIncentives Region 1 Region 2 Region 3 Region 4 Region 5 Region 6VAT Exemption      Customs Duty Exemption      Tax Reduction out of OIZRate of Contributionto Investment (%) in OIZ15 20 25 30 40 5020 25 30 40 50 55Social Security out of OIZPremium Support(Employer’s Share) in OIZ2 years 3 years 5 years 6 years 7 years 10 years3 years 5 years 6 years 7 years 10 years 12 yearsLand Allocation      Interest Support N/A N/A    Income Tax Withholding N/A N/A N/A N/A N/A 10 yearsSocial Security PremiumSupport (Employee’s Share)N/A N/A N/A N/A N/A 10 years1313
    14. 14. For further inquiries: incentives@economy.gov.trPRIORITY INVESTMENTSFollowing priority investments will benefit from terms and rates of the supportmeasures of Region 5 even they are made in Regions 1, 2, 3, 4. Specific pharmaceutical investments (bio-technologic and oncologypharma, blood products) and Defense Industry investments withminimum investment amount of TL 20 Million (~ $11 Million)Regional Incentives / Sub-schemeRegional Incentives / Sub-scheme Tourism investments in Cultural and Touristic Preservationand Development Regions determined by the Council ofMinisters Decree. Mining Investments Railroad and maritime transportation investments1414
    15. 15. For further inquiries: incentives@economy.gov.trPRIORITY INVESTMENTS Pre-school, Primary, Middle and High School investmentsby private sector Test facilities, wind tunnel and similar investments made forautomotive, space or defense industries International fairground investments with a minimumcovered area of 50.000 m2 Investments made to produce products developed by anR&D Project which is supported by Ministry of Science,Industry and Technology, TUBITAK and KOSGEB1515Regional Incentives / Sub-schemeRegional Incentives / Sub-scheme
    16. 16. For further inquiries: incentives@economy.gov.trPRIORITY INVESTMENTS Engine parts, transmission and parts and/or automotiveelectronics production with a minimum investmentamount of TL 20 Million (~ $11 Million) Automotive OEM investments with a with a minimuminvestment amount of TL 300 Million (~ $170 Million) Engine production investments with a with a minimuminvestment amount of TL 75 Million (~ $42 Million) Electric energy production which uses specific mines(i.e. lignite, hard coal, anthracite) as inputs.1616Regional Incentives / Sub-schemeRegional Incentives / Sub-scheme
    17. 17. For further inquiries: incentives@economy.gov.trAUTOMOTIVE INDUSTRY1717Automotive Sector was choosed among Priority Investments as of 15th ofFebruary 2013 with a new regulation.Total vehicle production in Turkey is 1.073.000 (2012)The capacity is 1,6 Million units 69 % of total vehicle production is exported There are 14 major brands including Ford, Honda, Hyundai, M. Benz,Renault, Fiat, Toyota2023 TARGETS FOR THE INDUSTRY Annual export level of 75 billion USD Annual production level 4 million unit/year (3 million unit/year export)Special Emphasis on AutomotiveSpecial Emphasis on Automotive
    18. 18. For further inquiries: incentives@economy.gov.trNEW REGULATION1818Automotive OEMinvestments(minimum investmentamount of $170 Million)Engine productioninvestments(minimum investmentamount of $42 Million) Engine, transmissionparts and/or automotiveelectronics(minimum investmentamount of $11 Million)PriorityInvestmentsVAT ExemptionCustoms Duty ExemptionSocial Security Premium Support (Employer’s Share)(7 Years)Land AllocationInterest Support (Max 700 Bin TL)Tax Deduction (Cont. Rate %40; Tax. Red. Rate %80)Special Emphasis on AutomotiveSpecial Emphasis on Automotive
    19. 19. For further inquiries: incentives@economy.gov.trIncentives Terms and RatesVAT Exemption Customs Duty Exemption Tax ReductionRate of Contributionto Investment (%)40Social Security Premium Support(Employer’s Share)7 yearsLand Allocation Interest Support SUPPORT MEASURES FOR PRIORITY INVESTMENTSRegional Incentives / Sub-schemeRegional Incentives / Sub-scheme1919
    20. 20. For further inquiries: incentives@economy.gov.tr 2020
    21. 21. For further inquiries: incentives@economy.gov.tr# Investment SubjectsMin. Inv. AmountMillion TL Million USD1 Refined Petroleum Products 1.000 5552 Chemical Products 200 1113 Harbours and Harbour Services 200 1114 Automotive OEM and Side Suppliers 200-50 111 -285 Railway and Tram Locomotives and/or Railway Cars 50 286 Transit Pipe Line Transportation Services 50 287 Electronics 50 288 Medical, High Precision and Optical Equipment 50 289 Pharmaceuticals 50 2810 Aircraft and Space Vehicles and/or Parts 50 2811 Machinery (including Electrical Machines And Equipments) 50 2812 Integrated Metal Production 50 28Large Scale Investment Incentive SchemeLarge Scale Investment Incentive SchemeGoals of the Scheme: Improvement of Technology and R&D Capacity Provide a competitive advantage in the international arenaLarge Scale SchemeLarge Scale Scheme2121
    22. 22. For further inquiries: incentives@economy.gov.trIncentives Region 1 Region 2 Region 3 Region 4 Region 5 Region 6VAT Exemption      Customs Duty Exemption      Tax Reduction out of OIZRate of Contributionto Investment (%) in OIZ25 30 35 40 50 6030 35 40 50 60 65Social Security out of OIZPremium Support(Employer’s Share) (Year) in OIZ2 3 5 6 7 103 5 6 7 10 12Land Allocation      Interest Support N/A N/A N/A N/A N/A N/AIncome Tax Withholding N/A N/A N/A N/A N/A 10Social Security Premium Support(Employee’s Share) (Year)N/A N/A N/A N/A N/A 10Large Scale Investment Incentive SchemeSummary TableSummary Table2222
    23. 23. For further inquiries: incentives@economy.gov.tr 2323
    24. 24. For further inquiries: incentives@economy.gov.trStrategic Investment Incentive SchemeStrategic Investment Incentive SchemeGoals of the scheme: This scheme aims at supporting production of intermediateand final products with high import dependence with a viewto reduce current account deficit. It also targets encouraging high-tech and high value addedinvestments with a potential to strengthen Turkey’sinternational competitiveness.Strategic SchemeStrategic Scheme2424
    25. 25. For further inquiries: incentives@economy.gov.trStrategic Investment Incentive SchemeStrategic Investment Incentive SchemeEligibility Criteria for Strategic Investment:Production of import dependent intermediate goods andfinal products (more than 50% supplied by imports)50 Million TL ($28 M) minimum investment amountA minimum 40% value additionImport in the last year should be at least $ 50M (Thiscondition is not necessary for goods with no domesticproduction)2525Strategic SchemeStrategic Scheme
    26. 26. For further inquiries: incentives@economy.gov.trIncentives All RegionsVAT Exemption Customs Duty Exemption Tax ReductionRate of Contribution toInvestment (%)50%Social Security Premium Support(Employer’s Share)7 Years (10 years for Region 6)Land Allocation VAT RefundThe building and construction costs of investmentsof more than 500 Million TL ($277M)Interest Payment SupportLimited to 5% of total investment amount and with acap of 50 Million TL ($27M)Income Tax Deduction Support 10 years only for Region 6Social Security Premium Support(Employee’s Share)10 years only for Region 6Strategic Investment Incentive SchemeSummary TableSummary Table2626
    27. 27. For further inquiries: incentives@economy.gov.tr 2727
    28. 28. For further inquiries: incentives@economy.gov.tr 2828General Investment Incentive SchemeGeneral Investment Incentive Scheme Regardless of region where investment is made, the scheme is available forall investment projects provided that: Investment subject is not excluded from the investment incentivesprograms. Requirement of minimum fixed investment amount is met• 1 Million TL. ($555K) in Regions I and II,• 500 Thousand TL.($277K) in Regions III, IV, V and VI respectively.The investment projects that are supported from the General InvestmentIncentives Scheme will benefit only from Customs Duty and VAT exemptionson their machinery and equipment expenditures.General SchemeGeneral Scheme
    29. 29. For further inquiries: incentives@economy.gov.trFor More InformationFor More InformationInvestment Incentive Information CenterInvestment Incentive Information CenterPhonePhone : +90 312 444 43 63: +90 312 444 43 63e-maile-mail : incentives@economy.gov.tr: incentives@economy.gov.trWebWeb : http://www.incentives.gov.tr: http://www.incentives.gov.tr2929

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