Erdoğan Urges International Firms to Base Operations in Turkey, Citing Tax Benefits

Turkish President Recep Tayyip Erdoğan has extended a strong invitation to international companies, urging them to establish their operational headquarters in Turkey and leverage significant economic advantages. Speaking at the Foreign Economic Relations Board (DEİK) General Assembly, Erdoğan presented Turkey as an attractive hub for global businesses.

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Manage your operations from Turkey and benefit from the advantages.

"Manage your operations from Turkey and benefit from the advantages," Erdoğan declared, emphasizing a new tax incentive policy. Foreign individuals and Turkish citizens living abroad who meet specific criteria will enjoy a 20-year exemption from taxes on income earned internationally. This initiative aims to draw foreign investment and encourage the relocation of regional management centers to Turkey, particularly leveraging the Istanbul Finance Center.

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Foreigners settling in our country and our citizens living abroad, if they meet certain conditions, will not pay taxes for 20 years on income earned abroad.

Erdoğan highlighted Turkey's robust economic performance, noting that merchandise exports surged from $36 billion in 2002 to $273.3 billion by 2025. He also pointed to a record $395.9 billion in goods and services exports in 2025. With 23 consecutive quarters of economic growth, Erdoğan expressed confidence in renewed export momentum, especially after the calendar effect is removed in June. He also announced plans for comprehensive studies to improve access to finance for businesses.

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Our message is very clear: Manage your operations from Turkey, benefit from the advantages.

"We are leaving 95% of the earnings from transit trade tax-free across Turkey," Erdoğan stated, underscoring other incentives. He also mentioned a significant reduction in the corporate tax rate for industrial manufacturing and agricultural production to 12.5%. Erdoğan's message is clear: "Come to Turkey, settle in Turkey," positioning the country as a strategic base for international operations seeking growth and favorable financial conditions.

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We are leaving 95% of the earnings from transit trade tax-free across Turkey.