Technology Free Zone (TEKSEB)

 

About Technology Free Zone (TEKSEB)

TEKSEB hosts entrepreneurs and companies that aim to develop products with advanced technologies, want to operate in international platforms, develop foreign partnerships and cooperation, and carry their R&D studies to international markets, making it possible for them to benefit from various supports and advantages.

Companies may engage in research and development and/or R&D-based activities at TEKSEB and can operate for a maximum of 45 years, depending on the content of their activities, by obtaining an "R&D and R&D based production Operating License Certificate".

 

TEKSEB has modern office spaces of various scales with different features.

  • Partition walls in all interiors are demountable, laboratories 104,66/108,12 m2 and/or floors, offices 86,46/90,24 m2; It can be rented as 70,60 / 71,50 m2 and/or its multiples.
  • floor heights; height in office areas: 2.7 m, height in basement laboratories: 6.5 m.
  • Office floor areas; 20 cm. high linoleum flooring.
  • There is normal water, hot water and drain systems in every office and laboratory area.
  • Heating and cooling can be provided with centrally conditioned fresh air, as well as a local heating and cooling system.

 

A minimum of 1000 m2 of land with ready infrastructure is allocated for investor companies that want to build their own R&D facilities.

  • "Building Construction Principles", which determine the general conditions for the structures to be built, are applied.
  • Office floor areas; 20 cm. high linoleum flooring.
  • There is 1 water network in each island parcel and 1 wastewater network in each 2 parcels.
  • A green and modern environment is offered, consisting of road lighting, pedestrian paths, green areas and squares.

 

Tax Advantages for TEKSEB Companies

  1. VAT Exemption

Resource Utilization Support Fund at the rate of 3% applied in imports with acceptance credits is not applied within the free zone.

  1. 100% Corporate Tax Exemption

Companies that produce in the Free Zone are exempted from the Corporate Tax they are obliged to pay in Turkey at the end of the period.

  1. 100% Income Tax Exemption

Earnings and revenues obtained by real and legal persons as a result of production activities carried out in free zones are not subject to Income Tax.

  1. Customs Duty Exemption

Goods entering Free Zones are exempt from customs duty.

  1. KKDF Exemption

Resource Utilization Support Fund at the rate of 3% applied in imports with acceptance credits is not applied within the free zone.

  1. Cheap Energy Use

Since electricity and fuel are exempt from VAT in Free Zones, cheap energy use is possible.

  1. Withholding Payment Exemption

Since the users who export 85% of their production do not pay income tax for the personnel, 25-40% cheap labor is provided.

  1. A Realistic Inflation Accounting Opportunity

All kinds of payments related to activities in free zones are made in foreign currency.

  1. No Time Limitation

Goods can stay in the free zone without any time limit.

  1. Access to All Domestic and Foreign Markets

No restrictions were imposed on the sale of goods from the free zones to Turkey and the trade between the free zone and other countries. No restrictions were imposed on the domestic sale of goods from free zones, except for consumer goods and risky goods.

  1. Ease of Trade Opportunity

Foreign trade regime provisions are applied in trade between free zones and other parts of Turkey. In other words, goods sold from Turkey to the free zone are subject to the export regime, and goods sold from the free zone to Turkey are subject to the import regime, and free zone users can purchase goods and services from Turkey at the export price (without VAT).

  1. Customs Duty Free Commercial Activity Opportunity

Since the status of free circulation of goods brought to the free zone, originating in Turkey or EU or in free circulation there, does not change, no customs duty is paid when entering Turkey or EU member states.

  1. Profit Transfer Opportunity

Earnings and revenues from free zone activities can be freely transferred abroad or to Turkey without any permission.

  1. Possibility of Obtaining Necessary Free Movement Documents

Since the free zones are considered as part of the “Turkey-EU Customs Union, it is possible to send the products originating in Turkey or the EU and the products in free circulation in Turkey from the zones to the EU by issuing an A.TR Document. Third country origin products can be sent to the EU by issuing an A.TR Certificate after they are released for free circulation by paying customs duty to the Free Zone Customs Directorate at the rate specified in the Common Customs Tariff.

  1. Principle of Equality

Since the free zones are considered as part of the “Turkey-EU Customs Union, it is possible to send the products originating in Turkey or the EU and the products in free circulation in Turkey from the zones to the EU by issuing an A.TR Document. Third country origin products can be sent to the EU by issuing an A.TR Certificate after they are released for free circulation by paying customs duty to the Free Zone Customs Directorate at the rate specified in the Common Customs Tariff.

 

Source: www.marmarateknokent.com.tr