State support for business in Turkey
Government support for businesses in Turkey comes in various forms, including loans, grants, tax incentives, and access to infrastructure and other resources.
One of the main instruments of state support for business in Turkey is the provision of loans. Loans can be provided by both domestic and foreign banks, as well as specialized state funds. Loan conditions may vary depending on the type of business activity, the size of the company and the term of the loan.
Grants are another important instrument of state support for business in Turkey. Grants can be provided for a variety of purposes, including launching new projects, developing exports, introducing innovations, etc. Grants can be provided in cash or in kind.
The state also provides various tax incentives for businesses. Tax incentives include, for example, exemption from VAT, lower income tax rates, etc. Tax incentives can be granted for a period of several months to several years.
In addition, the state provides businesses with access to infrastructure and other resources. This may include the provision of land, buildings, and access to electricity, water, and other utilities.
State support for business in Turkey plays an important role in the development of the country's economy. It allows you to create new jobs, improve the standard of living of the population and make Turkey more attractive to foreign investors.
Here are some examples of specific government support measures for businesses in Turkey:
Providing loans on favorable terms for small and medium-sized businesses.
Grants for export development and innovation.
Tax incentives for businesses that create new jobs in rural areas.
Access to infrastructure and other resources for small and medium enterprises.
State support for business in Turkey is one of the key factors in the country's economic growth. It helps businesses develop and create new jobs, which leads to an increase in the standard of living of the population and the growth of the country's economy.