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Corporate Tax Exemption:
- Profits derived from the sale of products manufactured by those operating with a production permit in Free Zones,
- Profits obtained from services provided in Free Zones such as maintenance, repair, assembly, disassembly, handling, sorting, packaging, labeling, testing, and storage, by businesses that provide the entire service to foreign countries, provided that the goods subject to these services are sent to a foreign country,
Are exempt from corporate tax.
- Companies operating in other sectors are subject to corporate tax.
Withholding Tax Exemption for Producers (Income Tax Exemption for Employees):
- Producer companies are exempt from income tax on salaries paid to their employees, provided that they export at least 85% of the FOB value of the products they produce.
VAT Exemption:
- Sales of goods and services from Türkiye to the zone are considered exports, so these goods and services are exempt from value-added tax (VAT).
Customs Duty Exemption:
- Free zones are considered outside the customs border, and goods entering the zone are exempt from customs duties and import taxes.
Incentives Provided for Software-IT and Medium-High Technology Companies:
- Additional Salary and Rent Support is provided in addition to the tax exemptions and advantages available in free zones for companies engaged in Software-IT, Medium-High, and High Technology production in İstanbul Specialized Free Zone
For more details:
İstanbul Specialized Free Zone Incentives (Software-Technology)