Energy
Energy sector is an important component of economic growth. It also attracts attention as a result of having intense investment demand.
Though there are lots of energy resources in the world, the importance of efficient and environmentally-responsible energy resources is increasing each passing day. Governments are using different political instruments in the same time to provide its energy needs in an efficient, healthy and safe way. One of these instruments is economic policy tools. Tax reduction, tax redemption and incentives are to be in the lead.
Countries provide incentives and assistances with different scales to produce renewable energy with the purpose of sustainability and safety of energy policies.
The condition of Turkey’s relying heavily on outside energy resources is seen as the biggest constraint to specify the energy policies. Therefore, Turkey implements important incentive policies in order to develop a renewable energy policy and thus, get rid of energy dependency.
Increasing demand in energy in our country correspondingly latest economic and social progressions, to be located over one of the most important energy corridors and steps taken to liberalize and restructure the energy sector caused an increase in local and international investments in energy sector and also a variety.
As Vizyon, some services that we are providing as a result of huge long-time sectoral experience and practices are the followings:
- Tax deduction (Applying the discounted income or corporate tax rates till reaching projected contribution amount for investment),
- Tax exemption regarding purchase of machine and equipment of energy resources,
- Low or zero rate tariffs application to the imports of wind turbine and solar energy panels,
- VAT refund regarding fixed asset investments over some scales,
- Special Consumption Tax exemption to fuels which will be used for generate electric,
- Income tax withholdings support
- The exemption of documents and transactions from stamp tax and fees related to electrical power plants
