The Tourism Investment Certificate aims to ensure that investments to be made in the tourism sector are made in accordance with the legislation and to bring qualified tourism facilities to our country.
The tourism investment certificate, which is given in order to ensure that tourism facilities are made in accordance with the legislation and to increase the number of qualified tourism facilities in our country, can be given to the following facility investments.
Motel
Boutique hotel,
Holiday village
Pension,
Camping
Apart hotel
Hostel
Thermal tourism facility
Rural tourism facilities
Floating facilities
Travel businesses
Entertainment centers
Swimming pools
Sports facilities
Daily facilities
Winter sports center
Ski resorts
Farm
Village house, mountain house, highland house
Personnel training centers
Break and rest facilities
Yacht harbors and yacht investment businesses
Theme parks
Required for travel agency 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 according to the nature and location of the investment.
Tourism Investments within the Scope of Priority Investment
Tourism accommodation investments to be made in the field of tourism to be carried out in Culture and Tourism Protection and Development Regions, Tourism Centers or within the scope of the thermal resource certificate will be able to benefit from the following support elements with the State Aid in Investments Decision.
The supports will be applied everywhere in Turkey, regardless of region, if one of the above conditions is met.
Support Elements
1. VAT Exemption
An exemption will be applied to VAT arising from machinery and equipment to be procured domestically or imported from abroad within the scope of the Investment Incentive Certificate.
2. VAT Exemption in Construction Expenses
A VAT exemption is applied to construction expenditures to be made within the scope of investments in hotel 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 Duty.
4. Tax Reduction
In investments to be made within the scope of the Investment Incentive Certificate, tax reduction will be applied at the rates determined by the legislation based on the investment amount 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 is evaluated as the 5th Region and the Tax Deduction will be applied as 40% of the total investment amount and the tax deduction will be applied as 80%.
5. Profit Share or Loan Interest Support
For investments that will benefit from the supports within the scope of Tourism Investments, the interest or profit share to be paid for up to 70% of the fixed investment amount registered in the incentive certificate of investment loans with a minimum term of 1 year to be used from banks;
For investments to be made in the 5th region, 5 points of support will be provided for Turkish Lira loans and 2 points for foreign currency loans and foreign currency indexed loans.
The amount of interest or profit share support to be provided within this scope will not exceed 1,400,000 TL.
6. SGK Employer Share Support
The Ministry of Treasury and Finance covers the part of the employer share of the insurance premium that must be paid for the employment added to the average number of workers reported in the monthly premium and service document given to the Social Security Institution with the investment realized within the scope of the incentive certificate, provided that it does not exceed the employment registered in the document for which a completion visa was issued based on the Investment Incentive Certificate.
Since the investment is considered to be in the 5th Region, the investment contribution rate in the SGK Employer Share support will be 35% regardless of the region, and the support period will be applied as 7 years.
