BÖLGESEL YATIRIM TEŞVİKLERİNDE SGK PRİM TEŞVİKİ UYGULAMASI

SSI PREMIUM INCENTIVE APPLICATION IN REGIONAL INVESTMENT INCENTIVES

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Important points

• With the Investment Incentive Certificate, businesses can benefit from various financial supports provided by the state.
• With the revised laws, SSI premium incentives have been expanded to reduce regional differences.
• Submission of documents to SSI within the legal period is the basic condition for benefiting from the advantages within the scope of regional investment incentives.
• With the innovations made in the law numbers, the transparency and accessibility of incentive systems have been increased.
• SGK premium incentive system is an important opportunity to ease the workload of investors and reduce labor costs.
• These incentives aim to encourage investors to establish and expand businesses.
• Contributing to the national economy and increasing employment are among the primary goals of regional incentives.

Investment Incentive Certificate and General Features

The investment incentive certificate allows you to achieve economic and social benefits by ensuring that your investments progress in a more strategic and supported manner. This document formalizes the support that investors can receive through various incentives provided by the government.

• Definition and Importance of Incentive Certificate

The incentive certificate is an official document that ensures that you benefit from the incentives offered by the government to investors. With this document, you can benefit from factors such as investment incentives and insurance premium support. Investments are supported according to determined sectoral and regional priorities. This document also includes insurance premium employer share support and many other advantages that will contribute to economic development.

• Advantages and Function of the Document

The advantages provided by the Investment Incentive Certificate vary. This diversity varies depending on the region and sector where the investment will take place. In particular, financial advantages such as tax reduction and customs duty exemption help investors reduce operating costs. In addition, special opportunities are offered to investors with support such as investment location allocation in strategically important regions. These supports are designed to be optimized according to the size and nature of the investment, thus providing the most appropriate benefits in line with the needs of both investors and the regional economy.

Purpose of Regional Investment Incentives

Regional investment incentives are designed to encourage high value-added investments in Turkey's development-prone regions and to reduce development differences between regions. This strategic move aims to revitalize both the local and national economy by determining development plans and investment priorities.

• Directing Savings to Productive Areas

Investment incentives have an important role in directing savings to more productive sectors and projects. Investments, especially in high value-added sectors, directly contribute to the country's economic growth by increasing its international competitiveness.

• Reducing Regional Development Differences

Thanks to investment incentives, it is aimed to eliminate regional inequalities by supporting investments in less developed regions. Thus, the synergy created by the cluster effect is encouraged to close the gap between regional development levels.

Investment Type	Development Level	Incentive Rates	Estimated Impact
Technology and Innovation	High	50-70%	International Competition
Agriculture and Food	Medium	30-60%	Employment Increase
Energy and Infrastructure	Low	40-65%	Regional Development

SGK Premium Incentive and Scope of Law No. 5510

In order to maximize the investment potential of employers in Turkey and to promote sustainable economic growth, various supports are provided under Law No. 5510. The most important of these supports is the insurance premium incentive. This incentive system positively affects investment decisions by offering significant cost savings, especially for employers targeting regional investments.

Law No. 5510 was prepared to alleviate the financial burdens that employers may face and to encourage investments in every region of Turkey. The insurance premium incentive offered under the law helps employers reduce social security costs. This creates more employment in the labor market and thus accelerates economic development.

As a result, investments are supported and the burden on employers is eased with Law No. 5510 and the insurance premium incentives it provides. If you are an employer and want to benefit from these incentives, you need to take the right steps at the right time to learn the regulations and details of the incentive system.

New Regulations and Changes in Insurance Premium Incentives

Regulatory updates in Turkey have brought significant changes, especially in the field of insurance premium incentives. These new regulations, which came into force with law numbers 16322 and 26322, have created a significant difference in the advantages offered to employers and investors. Let's take a closer look at the details of these changes.

1. Updates to Law Numbers 16322 and 26322

These updates, which came into force as of 22.08.2012, expanded the scope of insurance premium employer share support. It is especially important for businesses in areas where investment will be made, such as the 6th region, in terms of the incentives that can be benefited from after obtaining a completion visa. Under these law numbers, which businesses can benefit from which supports are clearly listed.

2. Change in the Conditions for Benefiting from the Incentive

The monthly premium and service documents for which a completion visa has been obtained and to be submitted to SSI within the legal period determine the conditions for benefiting from the incentive. Unfortunately, it is not possible to benefit from these incentives if the legal period is exceeded. Therefore, it is of great importance that transactions are carried out on time and correctly.

• Learn more about legal numbers and incentives
• Completely fulfilling the benefit conditions
• Regular submission of monthly premium and service documents to SSI

Thanks to these regulations, we can move forward with clearer steps towards the goal of increasing employers' investments and reducing the development gap between regions. Investment incentive systems, when used correctly, contribute to both employers and the Turkish economy.

SSI Premium Incentives within the Scope of Investment Incentive Certificate

The investment incentive certificate is known for the financial support it offers to employers. These supports include Income tax withholding support, Interest or dividend support and Value added tax refund. These incentives allow employers to realize their investments more effectively and economically.

• Incentive Elements and Benefits for Employers

Employers who invest in the provinces within the scope of the attraction centers program can benefit from expanded incentives. Among these incentives, especially income tax withholding support can help employers reduce personnel expenses, while interest or dividend support can improve cash flows.

• Advantages of Obtaining an Incentive Certificate

For employers with an investment incentive certificate, value added tax refund provides a faster return on invested capital. In addition, thanks to these supports, businesses can achieve great cost advantages in the short term and implement their projects faster.

Incentive Type	Benefits	Applicable Sectors
Income Tax Withholding Support	Reduction of employer costs	Manufacturing, Energy
Interest or Dividend Support	Improving cash flows	Construction, Technology
Value Added Tax Refund	Quick return of capital	Agriculture, Tourism
Attraction Centers Program	Supporting investments with regional incentives	Small and Medium Enterprises

Overview of Regional Incentive Practices

The Socio-Economic Development Index, designed to comply with Turkey's regional development goals, is an important indicator to eliminate economic imbalances between different regions. This index, created by taking into account the economic and social structure of each province, forms the basis of regional incentive practices. These applications offer versatile support, especially regarding investment incentives.

Incentive practices provide employers with various opportunities such as insurance premium incentives, tax advantages and investment location allocation. These incentives serve the goals of reducing regional disparities and supporting economic development.

Region	Incentive Types	Socio-Economic Index Value
1. Region	Insurance Premium Incentive, Tax Advantages	High
2. Region	Investment Location Allocation, Insurance Premium Incentive	Medium
3. Region	Tax Advantages, Insurance Premium Incentive	Low
4. Region	Tax Advantages, Investment Location Allocation	Too Low
5. Region	Insurance Premium Incentive, Investment Location Allocation	Medium
6. Region	Investment Location Allocation, Tax Advantages	Medium High

This table provides a summary of Turkey's regional incentive strategy and shows the relationship between Incentive practices and Socio-Economic Development Index. Customized incentive packages for each region offer investors and businesses the opportunity to maximize their regional potential.

Regions in the investment incentive system

In order to reduce regional development differences in the investment incentive system, 6 regions were determined based on the Socio Economic Development Index data of the provinces.

1. Region	2. Region	3. Region	4. Region	5. Region	6. Region
Ankara	Aydın	Adana	Afyonkarahisar	Bayburt	Adiyaman
Antalya	Balıkesir	Burdur	Aksaray	Çankırı	Pain
Bursa	Bilecik	Duzce	Amasya	Erzurum	Ardahan
Eskişehir	Bolu	Gaziantep	Artvin	Giresun	Batman
Istanbul	Canakkale	Karaman	Bartın	Gumushane	Bingöl
Izmir	Denizli	Kırıkkale	Çorum	Kahramanmaraş	Bitlis
Kocaeli	Edirne	Kütahya	Elazığ	Kilis	Diyarbakır
Muğla	Isparta	Mersin	Erzincan	Niğde	Hakkari
Tekirdağ	Karabük	Samsun	Hatay	Army	Iğdır
	Kayseri	Trabzon	Kastamonu	Osmaniye	Kars
	Kırklareli	Rize	Kırşehir	Sinop	Mardin
	Konya	Uşak	Malatya	Slap	Muş
	Manisa	Zonguldak	Nevşehir	Tunceli	Siirt
	Sakarya		Sivas	Yozgat	Şanlıurfa
	Yalova				Şırnak
					Van
					Bozcaada and Gökçeada Districts

Employers and Businesses That Can Benefit from the Incentive

The Incentive Certificate offered for

Private sector employers aims to alleviate the financial burden of various businesses in Turkey and contribute to economic growth. These incentives are extremely attractive, especially for employers with more than one workplace. In order for employers to benefit from these incentives, certain criteria must be met. Below is an explanatory table regarding the conditions for benefiting from these incentives.

Incentive Type	Type of Employer That Can Benefit	Requirements
SGK Premium Support	All private sector employers	The workplace complies with the specified criteria
Tax Deductions	Employers with multiple workplaces	Possession of an incentive certificate and appropriate workplace activities
Investment Discounts	Technology based businesses	Operating in the field of R&D and innovation

By obtaining an incentive certificate, employers can increase the financial strength of their businesses and become more competitive in the market. Especially for businesses operating in sectors with high growth and development potential, these incentives offer a great opportunity to expand their business capacity.

Terms and Conditions for Benefiting from the Incentive

There are various incentives that employers and businesses can benefit from in Turkey. In order to benefit from these incentives, some important conditions must be met. First of all, it is mandatory to make regular unemployment insurance premium payments. This both ensures the protection of workers' rights under state guarantee and helps employers work in harmony.

Employing unregistered insured people is a serious illegal activity and this may completely eliminate your right to benefit from the incentive. Employers are required to register all personnel they employ and pay the necessary insurance premiums. In this context, it is of great importance to completely prepare the necessary documents to benefit from the incentive and submit it to the relevant authorities.

• Unemployment insurance premiums must be paid on time and in full
• No insured personnel employed unregistered
• Receipt of incentive certificate and completion visa

If you meet the above conditions, you can benefit from the incentives provided by the government at the maximum level. These incentives can help you reduce your labor costs while contributing to the growth and development processes of your business.

Project Based Investments and Insurance Premium Support

Project-based investments have an important role in Turkey's economic development. You can increase the scale and impact of your project-based activities by reducing the financial burden of your investments, especially with Insurance premium employer share support.

Insurance premium employer share support offered for project-based investments with an investment incentive certificate varies depending on the size and strategic importance of the investment. Thanks to this support, your employer obligations are significantly alleviated for periods extending up to 10 years.

Type of Investment	Support Period	Support Rate
Small Scale Project	5 Years	50%
Medium Scale Project	7 Years	65%
Large Scale Project	10 Years	75%

Effects of Insurance Premium Incentive and Increasing Investment Appetite

Insurance premium incentives create a significant impact on economic growth and investment appetite by enabling the expansion of private sector investments. These incentives allow businesses and individual investors in Turkey to take bolder steps in investing in new projects and technologies.

Investments, especially in the field of innovative projects and sustainable technologies, are gaining momentum thanks to insurance premium incentives. This creates new job opportunities by stimulating the labor market and adds dynamism to regional economies.

1. It provides positive reflections on the economy by feeding the investment appetite of investors.
2. It contributes to the sustainability of economic growth.
3. It paves the way for the strengthening of labor markets and regional economic structures.

The implementation of these incentives plays a strategic role in achieving Turkey's economic goals. While increasing investments generally increases economic growth potential, it also adds value to the country in terms of technology and innovation.

  In conclusion;

The SGK premium incentive, which was implemented to improve the business environment in Turkey and accelerate regional developments, stands out with the financial advantages it provides to employers. Employers who plan their investments in line with the country's strategic priorities have the opportunity to alleviate both their tax and labor market burdens thanks to these incentives. These opportunities provided to employers make significant contributions to the revival of the economy and increased employment.

Investment incentive certificate advantages play an important role in shaping employers' investment decisions. The document guarantees a range of support, from tax deductions to insurance premium reductions, and maximizes the contribution of the investment to the region from the moment it is made. With these advantages, it becomes easier for employers to achieve both short- and long-term investment goals, and they also serve macroeconomic purposes such as reducing regional development differences.

In this context, tools such as SSI premium incentives and investment incentive certificates transform the way investors and the business world conduct business in Turkey and contribute to eliminating interregional development imbalances. These incentives, along with the financial advantages they provide to investors, also bring with them the potential to create economic value that is reflected in the society in general.

  Get Investment Incentive Certificate and SSI Premium Incentive Easily with Ifasturk!

Investment Incentive Certificate and SSI Premium Incentive are important tools to encourage the growth of businesses and contribute to Turkey's economic development. However, in order to benefit from these incentives, documents and procedures must be carried out regularly and on time.

Therefore, it is recommended that businesses get professional support on this issue. Ifasturk can guide businesses in this process with its experience and expertise in this field. Thanks to Ifasturk, you can apply for Investment Incentive Certificate and SSI Premium Incentive easily and quickly. The services offered by Ifasturk ease the financial burden of businesses while also making it easier for them to achieve their growth and development goals. Contact Ifasturk to determine the most suitable incentives for your business and speed up your applications!