Istanbul Thrace Free Trade Zone

The Istanbul Thrace Free Trade Zone is in Çatalca district of Istanbul and operated by İstanbul Thrace Free Trade Zone Inc. (ISBAS).

The operations in a free trade zone must be of a type previously deemed acceptable by the Supreme Coordination Council of Ministers, in the Istanbul Thrace Free Trade Zone, the current scope operations includes but is not limited to production of:

  • Textiles and fashion industries
  • Optical
  • Electrical and electronics
  • Machinery equipment production and assembling
  • Gold metal processing
  • Leather
  • Carpeting, furniture
  • Food processing and all kinds of light industry sectors directed towards export business

Activities which can be carried out in the Istanbul Thrace Free Trade Zone:

  • Engineering
  • Trade
  • Banking and Insurance
  • Production
  • Storage
  • Consulting activities

Production units and processes involving environmentally harmful waste are not allowed.

Basic Objectives of the Foundation and Operation of Istanbul Thrace Free Trade Zone

  • Promoting export oriented investment and production
  • Accelerating foreign direct investment and technology access
  • Directing enterprises towards export and developing international trade

Free Trade Zone Advantages - Istanbul Thrace

  • 100% Corporate Tax Exemption - production companies are exempt from Corporate taxes which they would normally pay at the end of their fiscal year
  • Custom Duties Exemption - the free trade zones is considered outside the customs border, goods entering the free trade zone are exempt from duties
  • Easy access to qualified and unqualified labour because of close proximity of residential areas
  • Exemption From VAT - the sale of goods and services from Turkey to the free trade zone is considered as exports, such goods and services are exempt from Value Added Taxes
  • Istanbul Thrace Free Trade Zone was the first free trade zone allows investors the ability to sell or rent their property

Operating Licence Application Procedures - Istanbul Thrace

  • We incorporate your Limitet Þirket company in Turkey
  • We complete your Free Trade Zone Operating Licence Application Form
  • Your application fee is then deposited with the Central Bank of Turkey
  • We submitted your application form which is then assessed by the Free Trade Zone Founder and Operator (ISBAS) and the Undersecretariat of Foreign Trade (UFT) General Directorate of Free Trade Zones
  • A lease agreement or sales contract is then made with the Free Trade Zone Founder and Operator (ISBAS)
  • We apply to the UFT General Directorate Of Free Trade Zones with your lease agreement
  • You receive your Operating Licence and can start business in the Istanbul Thrace Free Trade Zone
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