WELCOME TO ISBI ATATURK AIRPORT FREE ZONE CONTENT About Free Zone - - PowerPoint PPT Presentation

WELCOME TO ISBI ATATURK AIRPORT FREE ZONE

CONTENT

About Free Zone Incentives and Advantages Discover ISBI Services and Products Types of Activities and Licences Registration Process

I S B I A T A T U R K A I R P O R T F R E E Z O N E

About Free Zone

A governmentally designated area founded to promote export-oriented investment and production, to accelerate foreign direct investment and technology access and to develop international trade, Legally deemed to be outside of customs territory of Republic of Turkey A fenced-in area where normal trade barriers and regulatory requirements do not apply with the goal of facilitating trade and commerce, An area which presents various industrial and commercial incentives and business-friendly regulations. Free zones (FZ) are special sites deemed outside the customs area, although they are physically located within the political borders of the country.

You can start your business in Istanbul Ataturk Airport Free Zone by setting up; A new company, A branch of your existing company in Turkey,

• r a branch of your existing company abroad.

FINANCIAL ADVANTAGES 100% Income Tax Exemption Over Salaries Paid To Employees 100% VAT Exemption 100% Exemption from customs duties and other assorted duties.

100% Exemption from Corporate Tax

COMMERCIAL ADVANTAGES Opportunity to Transfer Profits As every payment is made with convertible currencies Access to Domestic and Foreign Markets No Time Limitation for stocking goods

INCOME TAX EXEMPTION OVER SALARIES

Software companies which export at least 85% of their production, are 100% exempt from income tax paid over the salaries of the employees, which normally differs between 15- 35% in Turkey, according to the salary level.

100% FOREIGN COMPANY OWNERSHIP

Companies of full foreign

• wnership are quite welcome

to start their business in ISBI.

CORPORATE TAX OR INCOME TAX EXEMPTION

Software companies are 100% exempt from “Corporate Tax”

• r “Income Tax” without any

pre-requisition.

20 YEARS LICENCE

You will get 20 years licence with all of incentives and

• benefits. The cost of renting will

be same for 20 years in USD.

100% FOREIGN COMPANY OWNERSHIP

Companies of full foreign

• wnership are quite welcome

to start their business in ISBI.

100% VAT AND CUSTOM DUTY EXEMPTION

Goods imported to the ISBI from abroad and Turkey are exempted from VAT and Custom Duty

About ISBI

Istanbul Ataturk Airport Free Zone is located on a designated 180.152 square meter area and is professionally and successfully managed by ISBI – Istanbul Ataturk Airport Free Zone Founder and Operator Incorporated since 1996. ISBI Inc., as a private sector enterprise which is the founder and operator of Istanbul Ataturk Airport Free Zone, started its activities in 1990 by the build-operate-transfer method for a period of 40 years upon the resolution

• f the Council of Ministers dated 1 July 1996.

ISBI Inc. is an affiliate company of Dynamic Group, a group of companies. Total trade volume between 1996-2018 is 52.452 Bilion ($)

As a Technology Development Center

ISBI is hosting more than 140 companies which are

• perating in different area
• f business such as medical

products, automative, jewellery, software, security, aviation and telecommunication etc.

Some of the Technology Development Companies

Founded in 2000, Telenity provides the world’s leading digital services and solutions for communications service providers. Telenity serves global telecom service providers through its offices located in USA, Turkey, India and UAE. Infosfer is an independent game development company. They develop

• riginal titles, create custom games, offer

consulting and outsourcing services for game development and game related technologies.

Providing solutions that help airlines and airports, hotels and railways, search engines, travel agencies, tour operators and other travel players to run their

• perations

and improve the travel experience, billions of times a year, all

• ver the world.

As a global leader in seamless payment, providing smart, trusted and secure solutions to empower commerce across all channels, in- store, online and mobile.

Offering a leading technology services under fitness and healthy nutrition categories to the end-user on iOS, Android and web platforms with more than 500,000 members IAS, a global ERP company, catering to

• ver 1000 companies with more than

30.000 concurrent users across diverse industries in more than 30 countries.

Unitysoft provides long-term services to its customers with a team of experts in web and mobile applications. analysis, consulting, planning, reporting and project management. for customers such as Cargill, Canon, Rockwell and Toyota Steel Processing Turkey. Infina Software Inc. was established in 1995 as a partnership independent from all financial institutions. Solutions for Portfolio Management, Fund Management Custodian System, Brokerage House, Treasury (OTC), Analytics Business Intelligence

Solvia provides services in consulting area

• f various SAP products as well as

developing SAP integrated softwares. Leading community-driven open source projects and developing reusable software libraries/frameworks/tools, distributed architectures/systems, multi- threaded and real-time applications.

Types of Activities and Licences

Production, purchasing-selling, warehousing, assembling-disassembling, repair and maintenance, banking and insurance activities can be performed in Istanbul Ataturk Airport Free Zone. Companies in ISBI are free to perform the following activities as well: packing, repacking, marking, labelling, exhibition of the goods. Production Licence (valid for 20 years) - ( For Software Companies ) Purchasing-Selling Licence (valid for 15 years) Assembling – Disassembling Licence (valid for 15 years) Other Licence (valid for 15 years)

APPLICATION PROCEDURE FOR LICENCE

The proper place at free zone determined according to need of user and a protocol is undersigned Operation Licence Application Form is filled out An Application fee of 5.000 US$ will be deposited to Turkish Central Bank Necessary official documents are sent to General Directorate of Free Zones and Operation Licence

• btained.

Arrival of Letter

• f Conformity

Application to Directorate of Istanbul Ataturk Airport Free Zone with filled form and attachments.

NO

Application fee is returned

YES

Opening of company (New set-up or Branch) and undersigning of rent contract with ISBI

Atatürk Airport Free Zone 34149 Yeşilköy / Istanbul – TURKEY Phone : +90 212 468 22 00 Fax : +90 212 465 00 09 E-mail : info@isbi.com.tr Web : www.isbi.com.tr