WHY ESBAS?

WHY ESBAS?

WHY ESBAS?

The Aegean Free Zone provides unique advantages for companies with its focus on manufacturing, which generates employment and increases trade volume. The most widen advantages are given for manufacturing companies. The advantages for companies investing in the Zone are as follows: 100% Corporate Tax Exemption for manufacturing companies.

LOCATION ADVANTAGES

Ease of access to a global market -

As a natural bridge between both East & West, Turkey is strategically located near significant world markets and boasts a strong culture of industry and service. 

Therefore; the country is one of the best locations in all around the World for manufacturing and trade since ancient times.

There is an Easy access to 1.6 billion customers in Europe, Eurasia, the Middle East and North Africa worth USD 23.5 trillion of GDP.

City of IZMIR; Pearl of The Aegean

Izmir is one of the oldest cities in the world with a history, which stretches back over 8,500 years. The city successfully blends modern living with this rich past, an inheritance entrusted to it from history.

As Turkey’s third largest city, İzmir is the capital of the Aegean Region and an important center for manufacturing and trade. With its 19 industrial estates, 2 free zones and 7 universities, İzmir is one of the life lines of the Turkish economy. Its international sea port is the most important one in Turkey, as an exporting route for its 70 thousand businessmen, 6,500 industrialists and close to 100 thousand tradesmen. Having actively sought new investment in the worlds of tourism and business, İzmir now leads in Turkey as a city, which attracts the most foreign investment and international trade.

The most organized Free Zone of Turkey, in the heart of the city...

The Aegean Free Zone is located close to the EU and Middle Eastern markets, near major ports, international airports, highway networks and at the heart of culture, tourism and entertainment centers. It is 4 km to Izmir Adnan Menderes Airport, and 12 km to the Port of Izmir and the Izmir city center.

Izmir has great advantages in terms of national and international sea and air transportation. The Alsancak, Aliağa-Nemrut, Dikili and Çeşme ports are key locations for sea transport. The Port of Çandarlı, which is still under construction and is expected to be one of the 10 largest ports in the world, will be another point of connection enhancing the potential of Izmir.

INVESTMENT ADVANTAGES

Wide Range Tax Advantages

The Aegean Free Zone provides unique advantages for companies with its focus on manufacturing, which generates employment and increases trade volume.

The most widen advantages are given for manufacturing companies. The advantages for companies investing in the Zone are as follows:

  • 100% Corporate Tax Exemption for manufacturing companies. (Trading companies pay the corporate tax at the end of the financial year from their profits. The corporate tax rate is 22%.
  • 100% Income Tax exemption on employee’s salaries for manufacturing companies which export 85% or more of their products. (Trading companies pay the income tax for their personnel. The income tax rate changes between 15%-35

OPERATIONAL ADVANTAGES

One Stop Shop Model

ESBAŞ, developer and operator of Turkey’s growing developing and most modern industrial center, offers companies operating at the Aegean Free Zone a variety of services including leasing, management, construction and storage, along with infrastructural and socially-oriented services.

Our most important principle at ESBAS is to develop and provide services of utmost benefit to our Users while continuously improving our operations. Being a one-stop-shop with minimum bureaucracy gives the advantage of speed in order to prevent loss of time, enabling Aegean Free Zone users to concentrate on their operations.

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