Countdown to the Seychelles Investment Forum in Istanbul, Turkey on September 28, 2012


• Turkish Free Zones are tax free zones. Income generated through activities in the zones is exempted from all kinds of taxes including income, corporate and value-added tax.

• Free Zones earnings and revenues can be transferred to any country, including Turkey, freely without any prior permission and are not subject to any kind of taxes, duties and fees.

•  Currencies used in the zone are convertible foreign currencies accepted by the Central Bank of Turkey.

• The geographical location of Turkey provides significant advantages to the Turkish Free Zones.
They are usually adjacent to the major Turkish ports on the Mediterranean, Aegean and Black seas.
 In addition, they were established within easy access from international airports and highways.
• Major American commodity traders export US wheat, vegetable oils and cotton to Turkey, which processes these superior quality products to add value to its flour, vegetable oil, and textile exports to surrounding regions.

• Citibank, Chase, Coca-Cola and Goodyear are just some of the US companies using Turkey as their marketing hub for the Caucasus and Central Asia.

• Turkey’s newly assertive foreign trade policy is making it count not just in neighbouring countries but as far afield as China and Africa.

Any business operators wishing to participate and network at this forum should contact the Promotion Unit of the Seychelles Investment Bureau (SIB) on 4295500.