INTIEARepublic of Turkiye · 5th Region IncentivesPolicyIn force

5th Region Incentives

The Council of Ministers has decided to encourage EE investments of existing manufacturing industrial plants for over 1 million TL. Incentives would cover from VAT and custom duty exemption, tax reduction and social security premium to interest support and land allocation. The…

آخر تعديل قبل 9 سنوات.

العرض المستخرج للقراءة · النص الأصلي للأدلة الامتثالية

دورة الحياة

  1. نافذ
  2. آخر تعديل

Country / jurisdiction: Republic of Turkiye · Year: 2014 · Status: In force · Level: National · Type: Voluntary

The Council of Ministers has decided to encourage EE investments of existing manufacturing industrial plants for over 1 million TL. Incentives would cover from VAT and custom duty exemption, tax reduction and social security premium to interest support and land allocation.

The Resolution of the Council of Ministers numbered: 2014/6058 that took effect upon publication in the Official Gazette dated: 9 May 2014 and numbered: 28995, resolved to incent some energy investments. The energy investments to be incented:

Application : Manufacturing industrial plants consuming annually 500 TOE energy

Maximum Payback Period :

Project Cost : Over 1 million TL

Energy Saving : 20% per unit product

The 5th Region Incentives to be Benefited From:

Value-Added Tax Exemption ( Value added tax will not be paid for investment commodities, machinery & equipment that will be obtained domestically or from abroad within the scope of the incentive certificate)

Customs Duty Exemption ( Customs tax will not be paid for investment commodities, machinery & equipment that will be obtained from abroad within the scope of the incentive certificate)

Tax allowance ( Application of the income or the corporate tax with discount until it reaches the contribution amount envisaged for the investment (the contribution amount to investment for the 5th Region is 30%; the rebate ratio for the income or the corporate tax is 70%)

Insurance premium employer share support ( Interest Support represents a financial support provided for instrument credits, which have maturities of at least one year and which are utilized within the scope of the incentive certificate, and the Ministry will, up to 70% of the fixed investment amount registered in the incentive certificate, meet a certain portion of the interest or profit share that are to be paid for such credits utilized (five points in Turkish Liras for regional investments made in the 5th region and two points for foreign exchange credits and credits on foreign exchange index)

Interest Support ( Interest Support represents a financial support provided for instrument credits, which have maturities of at least one year and which are utilized within the scope of the incentive certificate, and the Ministry will, up to 70% of the fixed investment amount registered in the incentive certificate, meet a certain portion of the interest or profit share that are to be paid for such credits utilized (five points in Turkish Liras for regional investments made in the 5th region and two points for foreign exchange credits and credits on foreign exchange index)

Land allocation for investment ( Allocation of an investment place for investments for which an Incentive Certificate has been issued, and within framework of the principles and procedures established by the Ministry of Finance)

Official source: http://www.ekonomi.gov.tr/portal/faces/home/yatirim/yatirimTesvik/yatirimTesvik-Genel_Bilgi;jsessionid=oLP0F7mC251ged_zcM9RUGyAGSUAWBAGTvHhhI1orBQkYnngt1RT!2138

المصدر

https://www.iea.org/policies/540

الوثيقة الرسمية لدى الجهة التنظيمية. استشهد دائماً بهذا الرابط — لا بصفحة تفاصيل Vantage — في أدلة الامتثال.

ذات صلة في International

INTEnergy Newsoilprice:oilprice-article-44778أخبارIn force

The $7 Trillion AI Boom Is Turning Into The Energy Trade of the Century

You might think that Shark Tank’s “Mr. Wonderful,” Kevin O’Leary, is betting it all on AI, but he is not. He is betting on the $5+ trillion in infrastructure required to run it, and that’s where big capital is flowing now. And he’s betting on Bitzero (NASDAQ: AIBZ) to be one of the first to break AI’s biggest chokepoint: power. Bitzero was looking further ahead while most of the rest of the market was narrowly focused on AI software and semiconductors. As a result, on May 5th, Bitzero…

قبل 8 ساعات
INTEnergy Newsoilprice:oilprice-article-44773أخبارIn force

Oil Markets Are Pricing A Supply Surge That Isn’t Guaranteed

Crude oil prices are in freefall after the United States and Iran agreed on a ceasefire, set to last 60 days. Traders expect the ceasefire to unleash an avalanche of crude, and indeed, tankers are leaving the Persian Gulf in growing numbers. And yet Iran just struck a commercial ship in Hormuz. Bloomberg reported earlier this week that the ceasefire prompted huge discounts in available crude cargoes, noting how Angolan crude was selling at a $10 discount to dated Brent—for the first time in a decade. Not only this, but Chinese refiners were…

قبل 8 ساعات
INTEnergy Newsoilprice:oilprice-article-44777أخبارIn force

The World's Biggest Energy Bet Is No Longer on Fossil Fuels

For years, critics of the energy transition have made essentially the same argument. Renewable energy was supposedly too expensive, too dependent on subsidies, too intermittent, and too vulnerable to survive a serious energy security crisis. Sooner or later, they argued, governments and investors would return to the comfort of oil, gas, and coal. The latest figures from the International Energy Agency suggest the opposite is happening. According to the IEA's newly released World Energy Investment 2026 report, global investment in clean energy has…

قبل 10 ساعات
INTEnergy Newsoilprice:oilprice-article-44762أخبارIn force

The World Is Racing to Develop New Nuclear Fuels

In the age of the nuclear renaissance, several countries are strategising to significantly increase their nuclear energy capacity over the coming decades, as part of efforts to diversify their energy mix and boost long-term energy security. However, securing fuel to power operations has been complicated, particularly following the introduction of sanctions on Russian energy products. Now, alternative uranium fuels offer promise for the nuclear energy industry. Nuclear fission, used in all existing nuclear power plants, is the process in which an…

قبل 12 ساعة
INTEnergy Newsoilprice:oilprice-article-44768أخبارIn force

China Eyes a Major Opportunity in Post-War Iran

Beijing is positioning itself to lead the post-war reconstruction effort in Tehran - a move analysts suggest could secure China long-term access to critical Iranian oil reserves. The diplomatic groundwork was laid during a recent meeting in New Delhi between Chinese Foreign Minister Wang Yi and the deputy secretary of Iran's Supreme National Security Council, according to Nikkei Asia. The talks underscore China's broader strategy to expand its economic and diplomatic footprint in the Middle East amid the vacuum left in the wake of one failed US…

قبل 14 ساعة