The document describes the steps and costs involved in establishing an agricultural investment in Turkey, including: 1) establishing a company, 2) obtaining residence permission, 3) securing official permits and licenses, 4) applying for grants from EU and government programs, and 5) obtaining an incentive license. It provides details on types of companies, costs of establishing a limited liability company, services to help foreigners obtain residence, and grant programs available for agriculture investments from the EU, Ministry of Agriculture, and regional development agencies.

2. This slide describes steps of agricultural investment in Turkey.
1. Establishing a company in Turkey
2. Getting residence permission
3. Getting official permissions and licenses (EIA, municipality,
industrial zone etc.)
4. Benefit grants (EU IPARD, Food Agricultural and Livestock,
Regional development agency etc.)
5. Getting incentive license
http://www.invest.gov.tr/en-
US/INVESTMENTGUIDE/INVESTORSGUIDE/Pages/EstablishingABusiness
InTR.aspx

3. It is possible to establish a company by applying to the relevant
trade registry office with the required documents. The company
is established once the founders declare their intent to set up a
joint stock company in the articles of association, which have
been issued in accordance with the law, and where they, with
their notarized signatures, unconditionally acknowledge and
undertake to pay the whole capital. The company receives its
“legal entity” status upon registration with the trade registry.
Types of Companies
 Joint-stock company (A.Ş.)
 Limited liability company (Ltd. Şti.)
 Commandite company
 Collective company
 Cooperative company

4. This slide describes cost of establishing Limited Liability
Company.
1. Notary, registering of company and other works is almost
3.500 TL.
2. ¼ of company’s capital must be deposited to bank. Minimum
capital is 10.000 TL. So, 2.500 TL has to be deposited.
3. Accountant fee is between 1.000 TL to 2.000 TL per month.
4. Staff salary.
5. Office, facility or farm rent fee or cost

5. Consultancy companies helps the foreign
investors to get residence permission.
Cost of this service changes according to
period of residence

6. EIA (environmental impact assessment), building,
farm, municipality, industrial zone etc.
These cost depends on size and place of farm or
facility.
So, official permissions and license cost changes
according to the size, investment type and place of
facility or farm.

7. EIA (environmental impact assessment), building,
farm, municipality, industrial zone etc.
These cost depends on size and place of farm or
facility.
So, official permissions and license cost changes
according to the size, investment type and place of
facility or farm.

8. There are various grant program for agriculture investment in
Turkey. These are;
 TKDK (EU IPARD)
 Ministry of Food, Livestock and Agriculture
 Regional Development Agency

9. EU supports agriculture and food investment in Turkey. Only
42 provinces can benefit TKDK grants. These provincies;

10. TKDK grants;
1. Milk producing enterprises (Farm)
The scope of the support (grant) : machinery-equipment,
construction, service procurement (engineering, project etc.)
Maximum Project budget : 1.000.0000 €
Maximum Grant Amount : 500.000 €
2. Meat producing enterprises (Farm)
The scope of the support (grant) : machinery-equipment,
construction, service procurement (engineering, project etc.)
Maximum Project budget : 1.000.0000 €
Maximum Grant Amount : 500.000 €

11. TKDK grants;
3. Milk processing and marketing (dairy, yoghurt, chess, pasteurized
milk etc.) enterprises
The scope of the support (grant) : machinery-equipment,
construction, service procurement (engineering, project etc.)
Maximum Project budget : 3.000.0000 €
Maximum Grant Amount : 1.500.000 €
4. Meat processing and marketing (slaughter house, sausage,
processed meat etc.) enterprises.
The scope of the support (grant) : machinery-equipment,
construction, service procurement (engineering, project etc.)
Maximum Project budget : 3.000.0000 €
Maximum Grant Amount : 1.500.000 €

12. TKDK grants;
4. Fruit or Vegetable processing and marketing enterprises.
The scope of the support (grant) : machinery-equipment,
construction, service procurement (engineering, project etc.)
Maximum Project budget : 1.250.0000 €
Maximum Grant Amount : 625.000 €
4. Fish processing and marketing.
The scope of the support (grant) : machinery-equipment,
construction, service procurement (engineering, project etc.)
Maximum Project budget : 1.500.0000 €
Maximum Grant Amount : 750.000 €

13. Ministry of Food, Livestock and Agriculture grants amount and
subject changes by year. We can summarize the grants such as
supports existing farms or facilities or new investments.
1.New investment such as farm, fruit-vegetable, meat, milk
processing, licensed warehouse etc. The grant amount is
between 100.000 $ to 200.000 $ last year.
2. Supports for existing farms and facilities are fertilizer, organic
agriculture, analysis, plantation, ovine, bovine, milk producing,
vaccine, fuel etc. These are operational supports.

14. Within the framework of the implementation of support measures, Level 2
Regions, as specified in the Statistical Classification of Regional Units
determined by the Council of Ministers Decree dated 28/8/2002 and
No:2002/4720, have been divided into 6 rregions by considering their socio-
economic development status.

15. Investments are supported through 4 different incentive schemes
and 9 different incentive instruments designed within the scope of
the new program. Contributions provided to investors through
incentive instruments depend on the characteristics of the
investment and applicable schemes. This chapter elaborates on the
scope of incentive instruments in order to clarify the details of such
contributions. There are concrete examples, presented below, for
providing investors with more information on the incentive
instruments. Livestock, greenhouse, milk, meat, food production
investment are located in regional investment incentive scheme.

17. The Regional Investment Incentive Scheme offers supports in 6 regions,
grouped according to their socio-economic characteristics, for certain
industries identified in line with the competitive potentials and economic
scales of these regions. This scheme provides support at different rates and
terms depending on the economic development level of the specific region.
For instance, considering two investment projects of the same kind in an
industry supported both in Region 1 and 6, the one in Region 6 will receive a
higher contribution rate in terms of tax deduction, SSP Support for
Employer’s Share for a longer term and a higher rate and amount of interest
rate support. Additionally, the same project will benefit from SSP Support for
Employee’s Share and Income Tax Withholding Support, which are not
available for investment projects in other regions.
http://www.economy.gov.tr/

20. THANKS
Emin Ugur Divitci
Investment Consultant
Electrical-Electronic Engineer
Phone: +90.532.4252357
Email : emin.divitci@gmail.com