Turkey Kocaeli Free Trade Zone

The Kocaeli Free Trade Zone is operated by KOSBAS, who aim to create a modern techno park in order to strengthen Turkeys commercial strategic position as a global scale logistics centre. The implications of this mean the zone offers many attractive facilities to potential users.

  • All companies trading within the Free Trade Zones are exempt from corporations tax
  • The goods can remain in the zones without any time limit
  • There is no limitation on the proportion of foreign capital participation in investment within the Zones
  • In contrast to most Free Trade Zones in the world, sales into the domestic market are allowed
  • Currencies used in the zone are convertible foreign currencies dealt by the Central Bank of Turkey
  • Infrastructure of the Free Trade Zone is competitive with international standards
  • Employees are exempt from income tax
  • Data lines and satellite communication facility
  • Technical support

Location

  • 100km to Istanbul
  • 10km to Izmit
  • 120km from Bursa

Main Business Activities

  • Construction
  • Manufacture
  • Commercial
  • Other

Application Procedure

  • 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 (KOSBAS) and the Undersecretariat of Foreign Trade (UFT) General Directorate of Free Trade Zones
  • A lease agreement is then made with the Free Trade Zone Founder and Operator (KOSBAS)
  • 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 Kocaeli Free Trade Zone
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