The purpose of the law numbered 5225 is to provide meeting of individual and society requirements; preserving of cultural assets and abstract cultural heritage and becoming it an item of sustainable culture ,activating the environment of cultural communication and interaction, producing of cultural and artistic values, creating and developing possibility of society’s attention of these values; keeping our country’s cultural assets alive and utilize and use it as contribute element to country economy, promoting cultural investment and enterprises to build and running of cultural centers.

Incentives that will be applied for cultural investments and enterprises in the scope of this law are as follows:

1. Income Tax Withholding Deduction:

Corporation Tax Payer Investor or entrepreneur who has license in scope of this law can deduct %50 of the income tax in the phase of investment not longer than 3 years and %25 of the income tax in the enterprise phase not longer than 7 years from the tax accrued in their withholding tax return based on their monthly insurance payroll given to the administration only for the worker wages that will be worked in the licensed investment or enterprise. (Law numbered 5225, a.5/b)

2. Allocation of Immovable Property:

Ministry of Culture and Tourism has the authority of making immovable property assignment for the cultural investment and entrepreneurs in scope of this law. (Law numbered 5225,a./5a)

3. Abatement in Employer Contributions:

Corporation Tax Payer Investor or entrepreneur who has license in scope of this law can deduct %50 of the employer contribution in the phase of investment not longer than 3 years and %25 of the employer contribution in the enterprise phase not longer than 7 years will be paid by treasury based on their monthly insurance payroll given to the administration only for the worker wages that will be worked in the licensed investment or enterprise. In accordance with article 72 and 73 of Social Insurance Law (Law numbered 5225, a.5/c)

4. Water Cost Discount and Energy Support:

Cultural investment and enterprises pays the water prices at the lowest tariff of the region. %20 of the electricity and natural gas costs of this investment or enterprise are paid by the treasury for 5 years. (Law numbered 5225, a.5/d)

5. Ability to Employ Foreign Personnel or Artists:

Foreign specialist personnel or artists can be employed in licensed investment or enterprises not more than %10 of the personnel by the view of the Ministry of Culture and Tourism and permission of the Ministry of Labour and Social Security. (Law numbered 5225, a.5/e)

6. Ability to Function in Weekends or Official Holidays:

Licensed enterprises and other units in scope of license can carry on their functions in weekends or official holidays in work hours identified as in license.

Assignees of a licensed investment or enterprise by the permission of the ministry are also benefit from the incentive and deduction provisions of this law (Law numbered 5225, a.5/f)