An Investment Incentive Certificate is an official document that provides numerous financial advantages to investors to encourage investments in Turkey. The legal basis for this certificate is the new investment incentive system, which was updated and put into effect with the Presidential Decree No. 9903, published on May 30, 2025.
With this certificate, investors are provided with various state supports such as VAT exemption, customs duty exemption, tax reduction, insurance premium, and interest (or profit share) support. The scope and rates of the incentives vary depending on the type, sector, and geographical region of the investment.
According to the system, which was reorganized and put into effect by the Presidential Decree No. 9903 dated May 30, 2025, the following 5 basic conditions must be met to obtain an investment incentive certificate:
The investment to be made must fall into one of the areas specified in the list of investment subjects (ANNEX-3) attached to the incentive decree. However, some special areas where the new system allows for flexibility are exceptions to this rule:
There are no sector or subject limitations for investments in such special areas.
For the investment to benefit from supports, it is mandatory for it to be above a certain monetary size:
| Region of Investment | Minimum Fixed Investment Amount |
|---|---|
| Regions 1 and 2 | At least 12 Million TRY |
| Regions 3, 4, 5, and 6 | At least 6 Million TRY |
*For investments made through financial leasing, a machinery and equipment investment of at least 3 Million TRY is required for each financial leasing company.
The investment project must be deemed appropriate by the Ministry of Industry and Technology in terms of the country's macroeconomic goals, supply-demand balance, and the project's technical/financial adequacy, and an incentive certificate must be issued.
Investors can make their applications to obtain an incentive certificate until December 31, 2030.
⚠️ Very Important Note: Expenditures made before the issuance date of the incentive certificate (e.g., machinery purchases, construction invoices) are not considered within the scope of the support. Therefore, it is mandatory to obtain the certificate before making any expenditures.
As an innovation brought by the new system, it is mandatory for the following investors to prepare this plan:
This plan is a strategic document that supports the sustainability of the investment and includes expenditures of at least 2% of the fixed investment amount.
The Investment Incentive Certificate is an official document that allows companies investing in Turkey to benefit from numerous supports such as tax reduction, VAT exemption, and customs duty exemption. The application process is carried out through the Ministry of Industry and Technology's digital system, E-TUYS (Electronic Incentive Application and Foreign Capital Information System). Here is the process step-by-step:
Before all other processes, the individuals who will use the E-TUYS system on behalf of the company (company personnel or a consultant) must be authorized. This is the first and most important key to accessing the system.
These documents are scanned into PDF format and sent from the company's REM address to the Ministry's REM address. After Ministry approval, the authorized person is notified and can log in to the E-TUYS system.
After authorization is complete, the "Investor Information" section in E-TUYS becomes active. In this section, the following information is filled out completely and submitted for Ministry approval:
After the Ministry approves this information, the incentive certificate application module becomes available.
Before the investment incentive certificate application officially begins, it is mandatory to pay the certificate fee, which is determined according to your project budget. The system will not open the application screen until the fee payment is approved.
| Investment Amount | Fee Amount (TRY) |
|---|---|
| Up to 5 Million TRY | 8,500 TRY |
| Between 5 – 25 Million TRY | 20,000 TRY |
| 25 Million TRY and above | 40,000 TRY |
After the fee payment is approved, the "New Incentive Certificate Application" menu opens. At this stage, all the details of your investment are entered into the system:
The application is submitted for Ministry evaluation by being approved with the authorized person's e-signature.
The experts at the Ministry of Industry and Technology review the application from technical, financial, legal, and sectoral aspects. For projects deemed appropriate, an Investment Incentive Certificate is issued electronically and reflected on the investor's screen in the E-TUYS system.
After the certificate is obtained, the investor begins to use the supports, also through the E-TUYS system: