Wise Group provides necessary consulting services during the Investment Incentive Certificate (IIC) process of its consultants.

An investment incentive certificate is a document containing the characteristic values of the investment, which allows you to use the support elements registered on it if the investment is realized in accordance with these values and the conditions determined. It should be regulated for investments to be realized in accordance with the objectives of the decision on state aid in investments.

The incentive system, which entered into force with the decision of the Council of Ministers dated 15.06.2012 and numbered 2012/3305, consists of 4 different applications:

1- General Incentive Applications

2- Regional Incentive Applications

3- Promotion of Priority Investments

4- Promotion of Strategic Investments

Support Elements

Value Added Tax Exemption:

Investment goods machinery and equipment to be obtained from home and abroad within the scope of the incentive certificate, as well as software and intangible rights within the scope of the document, are applied in the form of non-payment of Value Added Tax for sales and leases.

Exemption from Customs Duties:

It is applied in the form of non-payment of customs duties for investment goods machinery and equipment to be obtained from abroad within the scope of the incentive certificate.

Tax Relief:

Income or corporate tax is applied at a discount until it reaches the amount of contribution projected for the investment.

Employer’s National Insurance Contribution Support:

Incentive certificate coverage the insurance premium to be paid for additional employment provided by the investment is covered by the Ministry, which corresponds to the minimum wage of the employer's share.

Income Tax Withholding Support:

The scope of the incentive certificate is the abandonment of income tax withholding determined for additional employment provided by investment. Only investments to be realized in region 6 and strategic investments supported under TOSHP are envisaged in the incentive documents organized.

Insurance Premium (Employee Share) Support:

Incentive certificate coverage the insurance premium to be paid for additional employment provided by the investment is covered by the Ministry of the part of the employee's share corresponding to the minimum wage. Only investments to be realized in region 6 and strategic investments supported under TOSHP are envisaged in the incentive documents organized.

Interest or share of profit support:

Interest or dividend support is a financial support provided for investment loans with a term of at least one year used under the incentive certificate. A certain part of the interest or dividend payable on the loan used up to 70% of the fixed investment amount registered in the incentive document is covered by the ministry.

Allocation Of Investment Places:

Incentive certificate is the allocation of investment places for regulated investments in accordance with the procedures and principles established by the Ministry of Finance.

Value Added Tax Refund:

As part of strategic investments, the fixed investment amount is the return of VAT charged for building and construction expenses incurred over 500 million Turkish lira.

Wise Group provides consulting services in the process of obtaining an investment incentive certificate for natural person, ordinary partnership, corporation, mutual association, joint venture, state institutions and organisations, public professional organisations, associations and foundations and for branches in Turkey of foreign companies.