The Tourism Investment Certificate aims to ensure that investments in the tourism sector are made in accordance with the legislation and to bring qualified tourism facilities to our country.
The following facility investments can be granted with the tourism investment certificate, which is given in order to ensure the construction of tourism facilities in accordance with the legislation and to increase the number of qualified tourism facilities in our country.
- · Motel
- · Boutique hotel,
- · Holiday Village
- · Hostel,
- · camping
- · Aparthotel
- · hostel
- · Thermal tourism facility
- · Rural tourism facilities
- · floating facilities
- · travel businesses
- · entertainment centers
- · Swimming Pools
- · sports facilities
- · Day trip facilities
- · winter sports center
- · ski resorts
- · Farm
- · Village house, mountain house, plateau house
- · Personnel training centers
- · Break and recreation facilities
- · Marinas and yacht investment companies
- · theme parks
· It is required for travel agencies investments.
For investments with a Tourism Investment Certificate, an Investment Incentive Certificate can be issued within the scope of the State Aid in Investments Decision.
The supports provided within the scope of the Investment Incentive Certificate vary depending on the nature of the investment and the location of the investment.
Tourism Investments within the Scope of Priority Investment
Tourism accommodation investments to be made in Culture and Tourism Protection and Development Regions, Tourism Centers or within the scope of thermal resource certificate will be able to benefit from the following support elements with the Decision on State Aid in Investments.
Supports will be applied all over Turkey, regardless of region, if one of the above conditions is met.
Support Elements
one. VAT Exemption
An exemption will be applied to VAT arising on machinery and equipment to be procured domestically or imported from abroad within the scope of the Investment Incentive Certificate.
2. VAT Exemption for Construction Expenditures
VAT exemption is applied for construction expenses to be made within the scope of investments in Hotel Management Activities.
3. Customs Duty Exemption
Machinery and equipment to be procured directly from abroad within the scope of the Investment Incentive Certificate will also be exempt from Customs Tax.
4. Tax Deduction
For investments to be made within the scope of the Investment Incentive Certificate, tax deduction will be applied at the rates determined by the legislation, based on the investment amount made from income or corporate tax within the framework of Article 32/A of Law No. 5520.
Since it is considered among the priority investments in terms of investment subject, it will be evaluated as the 5th Region and the Tax Deduction will be applied as 40% of the total investment amount and the tax reduction will be 80%.
5. Dividend or Loan Interest Support
The interest or profit share to be paid for up to 70% of the fixed investment amount recorded in the incentive certificate of investment loans with a maturity of at least 1 year to be used from banks for investments that will benefit from supports within the scope of Tourism Investments ;
For investments to be made in the 5th region, 5 points of support will be provided for Turkish Lira loans and 2 points of support will be provided for foreign currency loans and foreign currency indexed loans.
The amount of interest or dividend support to be provided in this context cannot exceed 1,400,000 TL.
6. SSI Employer Share Support
Ministry of Treasury and Finance Ministry of Treasury and Finance the portion corresponding to the minimum wage of the employer's share of the insurance premium to be paid for the employment added by the investment realized within the scope of the incentive certificate to the average number of workers reported in the monthly premium and service document given to the Social Security Institution, provided that it does not exceed the employment registered in the document for which a completion visa has been issued based on the Investment Incentive Certificate. It is covered by.
Since the investment is considered the 5th Region, the investment contribution rate for SSI Employer Share support will be applied as 35% and the support period will be 7 years, regardless of region.
