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Free zones considered as out of customs areas, Taxpayers who has license to function in free zones which founded due to law numbered 3218 are excluded from:
Income and corporation tax limited to the time in their license for the income they derived in these zones.
Income tax of the personnel wages until the date of 31.12.2008
Every kind of tax and fees about the functions in these zones until 31.12.2008.
Separately incomes of the taxpayers derived in these zones are excluded from income and corporation tax until the annual taxation period of full membership date to European Union (Free Zones Law temporary article 3) (Corporate Tax circular 13) (Corporate Tax General communiqué 85)
Goods and services in free zones are excluded from VAT also. (Value Added Tax Law a.16/1-c, Value Added Tax Law 17/4-ı , Value Added Tax Law General communiqué 39,93)
This document provides a general overview of tax incentives in Turkey. No rights may be derived from it.
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