Free Zones Turkey

GENERAL OUTLOOK

Free Zone Definition

Free zones are described as specific locations within a country that are outside of customs territory. Free Zones are also characterized as fenced-in zones where operating users receive special regulatory protection to promote the export of products and services. Compared to other parts of the country, free zones provide a more comfortable and flexible climate for Business Turkey to improve trade volume and export for some industrial and commercial enterprises. Since 1985, 18 free zones have been functioning to boost and support-oriented investment and manufacturing. We will dig in Free Zones in Turkey based on advantages as clause of Business in Turkey in this Article.

Essential Mission of the Free Zones Foundation:

• Export-oriented investment and production are encouraged.
• Foreign direct investment and technological access are being accelerated.
• Orienting businesses toward export.
• International trade development.
• Free Zone Activities in Turkey

In general, Turkish Free Zones allow for a wide range of activities, including:

• Manufacturing
• R&D
• Software
• General Commerce
• Warehousing
• Packaging
• Banking and Insurance
• Assembly and Disassembly
• Maintenance Services

Investors are free to build their structures, but zones often include office spaces and warehouses available for rent at attractive rates. All fields of activity that are open to Turkish enterprises are likewise open to international joint ventures.

Free Zones in Turkey

Free Zones chapter is crucial for Business in Turkey so that we will see all the restrictions in the following articles.