The country boasts a supportive framework of tax incentives for foreign miners. The mining code that came out last year aims to attract foreign investment to Turkey. Investors in the mining sector can benefit from lucrative state incentive.
State Incentives
1.- VAT Tax exemption up to 100%
2.-Customs duty exemption
3.-Corporate tax reduction up to 80%
4.-Insurance Premium which the employer pays (7-10 years)
5.- Transferring state property to the investor
6.-Contribution to the Investment up to 60%