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.
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.
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 Equipment | All main and auxiliary new machines that make up the production line. |
| 🤖 | Technological Devices | Robots, automation systems, and control units integrated into the production system. |
| 🔧 | Auxiliary Machinery | Machines that support production, such as for quality control, packaging, and labeling. |
| 🔩 | Spare Parts | A certain proportion of spare parts imported together with the main machinery under the certificate. |
| 🚫 | Out of Scope | Used machinery, raw materials, and operating supplies cannot benefit from this support. |
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.
| Advantage | What it Means for Your Investment | |
|---|---|---|
| 💸 | Direct Cost Reduction | The burden of customs duty is completely eliminated, significantly reducing the initial cost of the investment. |
| 🌍 | Access to Global Technology | It provides the opportunity to access the newest and most efficient technologies produced abroad at a lower cost. |
| 💼 | Protecting Working Capital | The capital that would have been allocated for customs duty can be used for the business's other needs (raw materials, personnel, etc.). |
| 🚀 | Accelerating the Investment | The reduced financial burden allows for faster planning and implementation of the investment process. |
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.