One title for all of our investment incentive consulting services! We provide services related to Incentive Certificate and Exemption Transactions You Can Get for Your Regional Investments.
INVESTMENT INCENTIVE
CONSULTANCY
Incentive Certificate and Exemption Transactions You Can Get for Your Regional Investments.
Investment Incentive Consultancy
FAST COMMUNICATION
AS SUN AND SUN
THE SERVICES WE PROVIDE WITHIN THE SCOPE OF INVESTMENT INCENTIVE CERTIFICATE CONSULTING INCLUDE
As Sun and Sun, the services we provide within the scope of investment incentive certificate consulting include:
- An Analysis of the Incentive Investment
The sector, the fixed cost amount (machinery, land, construction, and other items like expenses), and the applicability of the investment subject are assessed and analyzed.
- Incentive-Specific Technical Process Management
Authorization, information entry, preliminary application, financial leasing transactions, and realization are among the stages that are carried out and monitored.
- Executing Transactions for Investment Incentive Revision
Revision processes are carried out via the E-TUYS system in response to the expert’s requests.
Each sector, region, investment amount, investment type, machinery and equipment taxation to be taken from abroad to the country, machine withdrawal, customs consultancy, ID sharing, and declaration processes are carried out.
- Incentive Certificate
Finishing/Closing Operations
At the conclusion of the investment, a completion visa is given along with the closing of the document.
- Employing Motivator Elements
Governmental incentives are taken into account by the TAS-20 standard. Additionally, the best financial calculation method for the business is chosen, and consulting services are offered on how to clearly identify and include cost-reducing factors.
WHAT IS
INVESTMENT INCENTIVE CERTIFICATE?
The investment incentive certificate is a document issued by the state to support investments and investors in order to create high added value in production, eliminate economic imbalances between regions, create employment, and provide global competitive power.
CENTERED ON INVESTMENT INCENTIVE CERTIFICATE TARGETS
2012/3305 DECISION
- Allocating savings to high-value investments, Boosting output and employment,
- Encouraging regional and large-scale investments and strategic investments that will increase international competitiveness and have a high research and development content,
- Increasing international direct investments,
- Reducing regional development disparities,
- With investments in environmental protection and clustering
- Determining the procedures and principles regarding the support of research and development activities.
THE BENEFITS OF
INVESTMENT INCENTIVE CERTIFICATE
The benefits of obtaining the Incentive Certificate;
- Customs Duty Exemption on Import
- VAT Exemption
- Income Tax Withholding Support
- Income and Corporate Tax Deductions
- Insurance Premium Support on the Basis of Employer and Employer
- VAT Refund
- Investment Site Allocation Support
- Building Mortars
- Property and Stamp Duty Exemption
- Project Based Cash Supports
WHO CAN BENEFIT FROM
INVESTMENT INCENTIVE CERTIFICATE?
- Real people
- Ordinary partnership
- Capital companies
- Cooperatives
- Business partnerships
- Public institutions and organizations
- Profession as a public institution
- Organizations
- Associations and foundations
- Branches of foreign companies abroad in Turkey
TYPES OF
INVESTMENT INCENTIVE CERTIFICATES
The incentive system, which went into effect on June 15, 2012, with the Council of Ministers Decision numbered 2012/3305, consists of four distinct applications:
- Regional Incentive Practices
- Incentive of Priority Investments
- Promotion of Strategic Investments
- General Incentive Practices
FAST COMMUNICATION
RENEWABLE
ENERGY
Renewable energy is energy that is generated by natural processes that are constantly renewed. This includes solar energy, geothermal energy, wind, tides, water, and various types of biomass. This energy can never be depleted and is constantly replenished. Renewable energy is generated from constantly replenishing and inexhaustible natural resources.
INVESTMENT INCENTIVES
FOR SOLAR AND WIND ENERGY
According to the Presidential Decree: “According to the Council of Ministers Decision No. 5029 published in the Official Gazette dated 24.02.2022 and numbered 31760, solar power-based power generation facility investments and wind power-based power generation facility within the scope of unlicensed activity and provided that it is limited to the contract power in the connection agreement. without providing interest/profit share support, regional supports applied in the region if they are made in the 4th, 5th and 6th regions if they are made in the 1st, 2nd and 3rd regions.
INVESTMENT INCENTIVE SUPPORT FROM
GES AND WPP
With the new change, solar and wind energy investments have been included in the scope of the 4th region incentives, regardless of investment location, and have been eligible for corporate tax, SSI, VAT, and Customs Tax benefits. Those in the upper regions (5th and 6th regions) will continue to benefit from regional incentives. To benefit from the machinery and equipment purchased, a domestic production undertaking is required. The Ministry of Industry issues the GES Investment Incentive Certificate and the WPP Investment Incentive Certificate.
Because of the investment incentive certificate, “in investments in electricity generation from solar energy; investments in the nature of modernization, investments with a capacity of less than 240 KW (including roof)” cannot benefit from investment incentives.
In this regard, solar energy electricity generation investments of 240 KW and above will be eligible for investment incentives. The minimum investment amount required in the province where the investment will be made must be met in order to obtain an Investment Incentive Certificate. There is a minimum investment requirement of 3 million TL for the provinces of the 1st and 2nd regions, and 1.5 million TL for the provinces in the 3rd, 4th, 5th and 6th regions.
YATIRIMCILARIN KULLANABİLECEĞİ TEŞVİKLER
Support Elements Provided in Regional Incentive Practices
| Support Elements | REGIONS | |||||||
| 1 | 2 | 3 | 4 | 5 | 6 | |||
| VAT Exemption | Yes | Yes | Yes | Yes | Yes | Yes | ||
| Customs Duty Exemption | Yes | Yes | Yes | Yes | Yes | Yes | ||
| Tax Discount | Investment Contribution Rate * (%) | Outside OSB and IZ | 15 | 20 | 25 | 30 | 40 | 50 |
| Inside OSB and IZ | 20 | 25 | 30 | 40 | 50 | 55 | ||
| Insurance Premium Employer Share Support | Outside OSB and IZ | 2 years | 3 years | 5 years | 6 years | 7 years | 10 years | |
| Inside OSB and IZ | 3 years | 5 years | 6 years | 7 years | 10 years | 12 years | ||
| Investment Place Allocation | Yes | Yes | Yes | Yes | Yes | Yes | ||
| Interest and Dividend Support | Internal Credit | – | – | 3 points | 4 points | 5 points | 7 points | |
| Foreign Currency / Foreign Currency Indexed Loan | 1 points | 1 points | 2 points | 2 points | ||||
| Insurance Premium Worker Share Support | – | – | – | – | – | 10 years | ||
| 1.REGION | 2.REGION | 3.REGION | 4.REGION | 5.REGION | 6.REGION |
| Ankara | Aydın | Adana | Afyonkarahisar | Bayburt | Adıyaman |
| Antalya | Balıkesir | Burdur | Aksaray | Çankırı | Ağrı |
| Bursa | Bilecik | Düzce | Amasya | Erzurum | Ardahan |
| Eskişehir | Bolu | Gaziantep | Artvin | Giresun | Batman |
| İstanbul | Çanakkale | Karaman | Bartın | Gümüşhane | Bingöl |
| İzmir | Denizli | Kırıkkale | Çorum | Kahramanmaraş | Bitlis |
| Kocaeli | Edirne | Kütahya | Elazığ | Kilis | Diyarbakır |
| Muğla | Isparta | Mersin | Erzincan | Niğde | Hakkari |
| Tekirdağ | Karabük | Samsun | Hatay | Ordu | Iğdır |
| Kayseri | Trabzon | Kastamonu | Osmaniye | Kars | |
| Kırklareli | Rize | Kırşehir | Sinop | Mardin | |
| Konya | Uşak | Malatya | Tokat | Muş | |
| Manisa | Zonguldak | Nevşehir | Tunceli | Siirt | |
| Sakarya | Sivas | Yozgat | Şanlıurfa | ||
| Yalova | Şırnak | ||||
| Van | |||||
| Bozcaada ve Gökçeada |
FAST COMMUNICATION
FEATURES THAT INVESTORS SHOULD HAVE
SSI should not be in debt
or your debt
structured and
must be active.
Minimum investment amount
1.500.000.00 TL
should be. (1 to 2.
for regional provinces
3,000,000.00 TL)
Investment Incentive Certificate
before being removed
no expense incurred
item document
included in the exceptions
since all
buying processes
after document receipt
should be done.
Investment at least 240
KW and above
should be.
SERVICES PROVIDED BY SUN CONSULTING
1. PROCESS ANALYSIS
COMPLETING THE EARLY FEASIBILITY STUDY
- The amount of investment, the sector, is included in the fixed cost amount; conducting investment analysis by calculating machinery-equipment, land, and construction costs, the number of suitable jobs to be anticipated, and the relevant interest support.
- Preparation of a feasibility report describing the investment’s compatibility with regional and global development plans, the hierarchy of investment needs, and its applicability.
FEASIBILITY STUDY USING SOLAR ASSIST SOFTWARE
- Analyzing the initial cost and viability of a Solar Power Plant (SPP) for electricity consumption.
- Calculating and analyzing the average amount using SolarAsistan software based on electricity consumption data and facility location.
2. THE TECHNICAL PROCESSING
RECEIVING THE CALL LETTER
To obtain a call letter, it is necessary to apply to the electricity distribution company of the province where the facility is located, along with the necessary information and documents.
Following the submission of the documents, the process is advanced with the distribution company’s conformity opinion letter. Sun Consulting, which handles all of these stages, organizes all processes in such a way that the call letter is received as soon as possible
CONNECTION AGREEMENT AND SINGLE LINE DIAGRAM SOLUTION
The organization of an agreement between distribution companies and consumers for electrical energy demands for a new facility or place of use, as defined by Electricity Market Law No. 6446. Making the necessary analyses regarding the electricity distribution system in the structure established with the single line diagram solution, which is a plan that provides a concise expression of the electrical systems, and the implementation of the interventions by the expert engineer by making the technical project drawings.
3. ADMINISTRATIVE PROCESS
INVESTMENT INCENTIVE APPLICATION
Obtaining an Investment Incentive Certificate, applying to the Ministry of Industry and Technology, carrying out the application, organizing financial leasing transactions, and entering data into the system.
Issuing the Investment Incentive Certificate with the application made in full after the examination of the Ministry.
PROCEDURES FOR REVISING INVESTMENT INCENTIVES
Following up on the application made through the E-TUYS system with the relevant expert by applying to the Ministry of Industry and Technology for an Investment Incentive Certificate and organizing the revision processes with the system openings at the company’s request.
4.USE OF INCENTIVES
INCENTIVES FOR INVESTMENT
Reporting the benefits of incentives and aids by concentrating on the accounting and reporting of government incentives and aids within the scope of the TAS – 20 standard of the benefits obtained by obtaining the Investment Incentive Certificate.
Within the scope of the TAS – 20 standard, selecting the appropriate incentive presentation method for the company.
If the gross method is chosen, associated expenses are netted in separate accounts; if the net method is chosen, expense accounts are used as a reducing element.