Advisory that builds the incentive into your investment plan.
From incentive modelling to the E-TUYS application, from revision procedures to the completion visa; single-source management of the entire life cycle of the investment incentive certificate.
Why does the certificate call for “advisory”?
The investment incentive certificate is not a form but a financial-architecture decision: the class of the investment (regional, priority, strategic), the composition of the support elements and timing determine the project’s real return. The costliest mistake is applying after the investment has begun — expenditures made before the application fall outside the scope for most items. The second costliest mistake is failing to set the committed employment and amounts realistically; at the completion-visa stage, the shortfall turns into the risk of the incentives being clawed back.
The process: from modelling to visa
Modelling
a comparative support calculation of the investment items, the province and the class alternatives; together with the incorporation structure — with a new company or an existing one? (our incorporation guide).
Application
preparation of the file via E-TUYS; machinery-equipment lists, the financing table and the feasibility narrative.
Implementation period
revisions to the imported/domestic machinery list, term extensions, transfer scenarios and VAT-exemption correspondence.
Completion visa
documentation of the actual realisations and closure — the most neglected and riskiest stage of the file.
The foreign-investor dimension
Under the equality principle of Law No. 4875 (Turkish Foreign Direct Investment Law), companies with foreign capital benefit from every window on the same terms as domestic investors. Intra-group machinery transfers, used-machinery rules and the interaction with double-taxation treaties must be planned separately in cross-border structures. For the full incentive strategy see our guide, and for certificate transfer in M&A scenarios see our due diligence guide.
The legislation, and what the support actually consists of
The system sits under the Decree on State Aid in Investments (2012/3305) together with the decisions and communiqués that update it. The secondary legislation changes often, and reclassifications and rate changes create timing risk of their own. The support attached to the certificate is calculated component by component: the VAT exemption, the customs duty exemption, the reduced corporate tax rate, support for the employer’s share of social security premiums, interest or profit-share support depending on the region and the class, and the allocation of land for the investment. Call-based programmes — the strategic and technology-focused initiative calls — open separate windows again. Which component actually turns into cash is a function of the province, the class and the company’s own tax position: with no taxable base to absorb the reduction, the incentive stays on paper.
Who is it for, and what do you get?
The advisory is used most by manufacturers adding capacity, investors in organised industrial zones, groups putting money into R&D and technology, and foreign companies bringing their first manufacturing investment to Türkiye.
What you get: a support model with alternatives by class and by province, the application file, the groundwork for revision, extension and transfer petitions, and the closing file for the completion visa. Where the incentive sits in the tax plan is worked out through our modelling service, and its link to the filings and the accounts through our tax compliance framework.
We are by your side for Investment Incentive Certificate Advisory
We structure the incentive at a single table together with tax planning and accounting-payroll practice: with a commitment schedule, spending-documentation discipline and periodic internal control, the completion visa is reached without surprises. Our Tax & Incentives focus also evaluates combinations with R&D and technopark regimes within the same plan.
Other Applications of This Service
Tax Compliance — our other specialised solutions in this area.
Matter Connections
The focus areas, practice areas, desks and legislation connected with this sub-service.
Our Matters in This Service
The anonymised examples of our work that relate to this service.
Cross-border acquisition of a manufacturing facility in Türkiye
End-to-end representation of the buyer in a multi-jurisdictional acquisition, from due diligence to closing.
Review the matter →Investment · GreenfieldStructuring an incentivised manufacturing investment
Management of company formation, the incentive certificate and compliance processes in a greenfield investment.
Review the matter →Dispute · TaxConcluding a tax audit through settlement
In a transfer-pricing-focused audit; representation from the minutes stage through report assessment, and execution of the settlement strategy.
Review the matter →The Team Delivering This Service
With our multilingual team of lawyers, well-versed in Turkish and German law, we are by your side.
Related Publications
Fresh perspectives and guides from the Knowledge Centre.
Depending on the realisation rate, the support may be reclaimed in part or in full, with interest. We set up periodic commitment monitoring for early warning and, where necessary, file a revision application in due time.
Transfer of the certificate is possible but subject to approval and conditions; the commitments are taken over as well. Before the transaction, the incentive file must be reviewed as a separate due diligence item.
The E-TUYS application is filed quickly once the file is ready; what is critical is to start expenditure after the application. If there is urgency, we build a filing strategy that brings the application date forward.
While it varies by class, the typical items are: machinery and equipment (with VAT exemption and customs duty exemption), building and construction, and, under certain conditions, software. Land and working capital are, as a rule, outside the scope.
Investment Incentive Certificate Advisory — get the right legal support.
Let us identify the right solution together, drawing on our experience in Türkiye and the DACH region.