Do you have clients investing in Türkiye? Don't miss the new tax guide
Vizyon in Istanbul, Türkiye, has published a new Tax & Investment Guide outlining the latest tax incentives and investment opportunities available to international investors in Türkiye.
The new regulations are designed to strengthen Türkiye’s position not only as a manufacturing hub, but also as a strategic base for regional headquarters, shared service centres and global capability centres. The guide looks at the opportunities available to multinational companies, international investors, family offices, investment funds and technology companies.
Key highlights of the guide include:
- A long-term tax advantage on foreign-sourced income for qualifying foreign investors and executives relocating to Türkiye.
- The new Qualified Service Center framework, offering tax benefits to multinational groups providing services such as management, finance and technology to group companies overseas.
- Corporate tax incentives for eligible activities within the Istanbul Financial Center and other designated regions.
- Income tax incentives for qualifying foreign professionals working in Türkiye.
- Incentives for certain international and transit trade activities.
- Opportunities to use Türkiye as a regional base for management, finance, technology and shared services operations.
The guide also provides an overview of other incentives already available in Türkiye, including service export incentives, Investment Incentive Certificates, Free Zone and Technology Development Zone benefits, VAT exemptions and provisions relating to foreign subsidiary and branch profits. Depending on the investment structure, some of these may be combined with benefits available under the new regulations.
The guide provides a useful introduction for members and their clients considering investment or establishing regional operations in Türkiye.
Download the guide HERE
If you have clients looking to grow their business interests in Türkiye or explore new investment opportunities, the Vizyon team is ready to help. Get in touch via the Vizyon profile page or website.
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