Page 84 - Global Power Turkish Defence Industry

Incentives Turkish defense and aerospace investments are eligible for a wide range of incentives offered by the
government, lucrative incentives schemes boost project economics substantially…

Manufacturing investments in defense and aerospace Research, Development, and Design activities are backed
receive incremental benefits by generous support programs

✓ Corporate Tax deductions (up to 100%) ✓ 100% deductible R&D expenditures
✓ Tax credits (up to %90) ✓ Corporate Tax exemptions
✓ Land Allocation ✓ Income Tax exemption for R&D personnel
✓ Project Financing Support ✓ VAT exemptions on final products
✓ Social Security Premium Exemptions ✓ Dedicated Technology Development Zones
✓ VAT and Customs Duty Exemptions ✓ Early stage financing for start-ups
✓ Training support ✓ Export support

Lowering upfront costs, Grants, incentives, and
improving cash flow, and supports are available at
accelerating returns on all stages of new product
investment development life cycle
✓ Industry Participation / Offset
✓ Product based supports/loans
✓ Industry development programs
✓ Exemptions for duties

Industry Events Turkey hosts important events with significant international participation…

April 25-29, 2018
Antalya
www.eurasiaairshow.com

12 th International Civil Aviation & Airports Exhibition &
Aviation Industry Supply Chain Platform
www.istanbulairshow.com

14 th International Defense Industry Fair
April 30 – May 3, 2019
Istanbul
idef.com.tr

84 TURKISH DEFENCE INDUSTRY