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ARTICLE · 11 MARCH 2019

Turkish Free Trade Zones

Yurdakul International Legal Consultancy
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Free trade zone ("FTZ") is the area within which goods may be landed, handled, manufactured or reconfigured, and re-exported without the intervention of the customs authorities.

TurkeyInternational Law

Free trade zone ("FTZ") is the area within which goods may be landed, handled, manufactured or reconfigured, and re-exported without the intervention of the customs authorities.

Only when the goods are moved to consumers within the country in which the FTZ is located, they become subject to the prevailing customs duties. FTZs are mostly organized around major seaports, international airports, and national frontiers where many geographic advantages stand for the trade.

Foreign companies are entitled to participate in all activities of business in the FTZs in Turkey. There is no difference at all on the regulation of the FTZs.

It is possible to operate within the FTZs by either establishing a company or setting up a branch as the subsidiary of the foreign company.

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