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Customs Duty Exemption in the Investment Incentive System

🚢 Zero Out Your Import Costs: What is Customs Duty Exemption?

Customs duty exemption, one of the supports provided under the investment incentive system, means that customs duty is not collected on the import of machinery, equipment, and similar investment goods from abroad. This support reduces the initial costs of the investment, enabling businesses to start production faster and more robustly.

The Purpose of Customs Duty Exemption

Customs duty exemption allows businesses with an investment incentive certificate to import new machinery and equipment that they will procure from abroad within the scope of the certificate, without paying customs duty. Thanks to this support, the investor can access foreign technologies at a lower cost during the investment process, and the investment's payback period is shortened.

Who Can Benefit and Which Items are Applicable?

👥 Who Can Benefit?

  • ✅ All investors who have received an incentive certificate can benefit from this support.

  • ✅ The support can be applied regardless of the investment type, region, or scale.

  • ✅ Customs duty exemption is valid under all investment incentive systems (Strategic, Priority, Target, Technology, Local Development, etc.).

For Which Items is it Applicable?

The exemption applies to the following items, provided that the machinery and equipment are included in the certificate's attached "Imported Machinery List":

Item That Can Be Imported Description
⚙️New Machinery and EquipmentAll main and auxiliary new machines that make up the production line.
🤖Technological DevicesRobots, automation systems, and control units integrated into the production system.
🔧Auxiliary MachineryMachines that support production, such as for quality control, packaging, and labeling.
🔩Spare PartsA certain proportion of spare parts imported together with the main machinery under the certificate.
🚫Out of ScopeUsed machinery, raw materials, and operating supplies cannot benefit from this support.

ℹ️ Who Cannot Benefit?

Some sectors and investment types are outside the scope of customs duty exemption. These investments are explicitly stated in the list of those who cannot benefit from customs duty exemption. It is important to review the current legislation to check the status of your investment.

How is it Implemented? (Step-by-Step Process)

  1. Obtaining the Incentive Certificate: First, an incentive certificate is obtained for the investment, and the investment goods to be imported are specified in detail in the certificate's attached "Imported Machinery and Equipment List".

  2. Customs Procedures: During importation, the incentive certificate and its attached lists are submitted to the relevant customs administration along with the customs declaration.

  3. Application of the Exemption: The customs administration checks the submitted documents and, if the imported machine complies with the list, completes the import transaction without collecting customs duty.

  4. Attention to the Deadline: The exemption is only valid for imports made within the validity period of the incentive certificate.

  5. Prohibition of Off-Label Use: If the imported machine is used for a purpose other than that stated in the certificate or is sold, the uncollected customs duty is reclaimed with a penalty.

What are the Advantages of Customs Duty Exemption?

Advantage What it Means for Your Investment
💸Direct Cost ReductionThe burden of customs duty is completely eliminated, significantly reducing the initial cost of the investment.
🌍Access to Global TechnologyIt provides the opportunity to access the newest and most efficient technologies produced abroad at a lower cost.
💼Protecting Working CapitalThe capital that would have been allocated for customs duty can be used for the business's other needs (raw materials, personnel, etc.).
🚀Accelerating the InvestmentThe reduced financial burden allows for faster planning and implementation of the investment process.

Strategic Advantage in Imports

Customs Duty Exemption is an indispensable incentive element, especially for investments based on imported machinery and equipment. This support provides a direct cost advantage to the investor, facilitating access to the latest technologies in global markets and increasing the project's competitiveness.

We are by your side with our expert consultancy to ensure you fully benefit from the customs duty exemption in your investment, create your imported machinery list correctly, and avoid problems during customs procedures.