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Investment incentives

Türkiye's Redesigned Investment Incentive System: Timing and Transition

Under Decision No. 9903, the application date and transitional treatment of existing certificates matter as much as programme eligibility.

12 August 20265 minute read
9903The Presidential Decision underpinning the current incentive system
3 tracksDevelopment Initiative, Sectoral Incentives and Regional Incentives
ApplicationThe critical timing point for expenditure intended to qualify

01

Eligibility is now multidimensional

Presidential Decision No. 9903, published on 30 May 2025, repealed the former 2012/3305 system. The current structure operates through the Türkiye Century Development Initiative, the Sectoral Incentive System and Regional Incentives.

The investment subject, location, capacity, technology profile, programme conditions and, in some areas, call timetable must be reviewed together.

02

The application date is the critical threshold

Expenditure incurred before the application for an incentive certificate is not included in the certificate under Decision No. 9903. Screening and application planning should therefore be completed before an order or payment intended to qualify is made.

Replace the imprecise phrase 'before the investment starts' with a transaction-level review of the application date and certificate scope.

03

Existing certificates are not automatically void

Certificates issued under the former system and projects already under way do not automatically lose effect. The certificate date, implementation stage, amendment requests and transitional provisions require separate review.

  • Which programme fits the investment subject and location?
  • Which expenditure has not yet been incurred and may still qualify?
  • Which rules continue to apply to an existing certificate?
  • How do minimum taxation, finance and cash flow affect the support's real value?

TIBA

Set the incentive roadmap before expenditure

TIBA reviews the investment plan together with programme eligibility, application timing, finance, tax and operating requirements.

Discuss incentive eligibility

Official sources

Presidential Decision No. 9903 on State Aids for InvestmentsInvestment Incentive Applications · Yatırıma Destek

This publication is for general information only and is not legal, tax, financial or investment advice. Current law and the specific facts should be reviewed by appropriately qualified professionals before any transaction.