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ARTICLE · 22 MAY 2018

New Tools To Support Local Production: Project-Based Super Incentives In Turkey

Balcıoğlu Selçuk Eymirlioğlu Ardıyok Keki Attorney Partnership
Balcıoğlu Selçuk Eymirlioğlu Ardıyok Keki Attorney Partnership
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Balcıoğlu Selçuk Eymirlioğlu Ardıyok Keki Attorney Partnership

Balcıoğlu Selçuk Eymirlioğlu Ardıyok Keki Attorney Partnership

Balcıoğlu Selçuk Eymirlioğlu Ardıyok Keki Attorney Partnership (BASEAK) is an Istanbul-based...

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Incentives can be defined as non-market benefits used to influence the behavior of the investors. There is a wide variety of incentives ranging from tax exemptions to the freedom from having to comply...

TurkeyStrategy
Sahin Ardiyok
Sahin Ardiyok
İlker Fatih Kıl
İlker Fatih Kıl
Author LinkedIn connections

Incentives can be defined as non-market benefits used to influence the behavior of the investors.1 There is a wide variety of incentives ranging from tax exemptions to the freedom from having to comply with related laws and regulations.2 In general  incentives can be categorized into three types:

  • Financial incentives
  • Fiscal incentives
  • Other incentives (such as regulatory incentives, subsidiezed services, market privileges, etc.)3

The incentives are in place when private enterprises would not invest without government support. In other words, the government is not willing to let the market constraints of financial feasibility determine the final decision regarding whether or not to invest in a project.

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