avrupahightech

“Our free zone has excelled. We are the first investors in our free zone. We built factories in it. Now 70% is comprised of foreign investment. They were satisfied with our services and brought their partners. Chinese firms referred us to the Chinese firms, Indians to Indians, Germans to Germans.” – Kemal Şahin, Founder & Chairman of Avrupa Free Zone

 

Comprehensive list of incentives to invest in Turkey’s free zones

  • 100% exemption from customs duties and other assorted duties.
  • 100% exemption from corporate income tax for manufacturing companies.
  • 100% exemption from value-added tax (VAT) and special consumption tax.
  • 100% exemption from stamp duty for applicable documents.
  • 100% exemption from income tax on employees’ wages (for companies that export at least 85% of the FOB value of the goods they produce in the free zones).
  • Goods can remain in free zones for an unlimited period.
  • Companies are free to transfer profits from free zones to abroad as well as to Turkey, without restrictions.

At a glance

Average registration cost (USD) $5,000
Average registration waiting period 4 weeks
Single point of contact for all administration? YES
Industrial space available? YES
Office space available? YES
Corporate bank account ANY BANK IN TURKEY
Average costs
Average office space cost (USD per m2) $10.00 – 13.00 / month
Average industrial space cost (USD per m2) $3.00 – 10.00 / month