2. What is a Free Zone?
ISBI Istanbul Ataturk Airport Free Zone is;
a governmentally designated area founded to promote export-oriented
investment and production, to accelerate foreign direct investment and
technology access and to develop international trade,
legally deemed to be outside of customs territory of Republic of Turkey,
a fenced-in area where normal trade barriers and regulatory
requirements do not apply with the goal of facilitating trade and
commerce,
an area which presents various industrial and commercial incentives and
business-friendly regulations.
3. Owned by Operated by
Government
Private Entity
Government
Government
Private EntityPrivate Entity
1
3
2
4. ISBI professionally operates two different free zones in two
countries.
ISBI Istanbul Ataturk Airport Free Zone
185.000 square meter area
Offices, Warehouses, General
Warehouses
PortISBI Famagusta Free Port and Zone
Turkish Republic of Northern Cyprus
103.000 square meter area
Offices, Warehouses, General Warehouses
5. Strategic Advantages
4 Hours Flight Coverage
6 Hours Flight Coverage
Direct flights to most destinations.
Clients from different countries
can easily reach to factory with
direct flights.
7. Unique Location in the Heart of Istanbul
• Located in Istanbul, the financial, commercial and cultural
center of Turkey
• Next to Ataturk International Airport, which is the second
busiest and most important airport in the Middle East
• Daily access with only 3-hour flight from most of the
world’s capitals
• 12 km. away from Ambarli Port, the greatest port in Turkey
• 22 km. away from Port of Haydarpasa, the biggest
container port in the Marmara region
• 10 km. away from Halkali Railroad Station, the departure
terminal for all freight trains to Europe and a significant
container terminal.
8.
9.
10. Types of Activities and Licences
Production, purchasing-selling, warehousing, assembling-disassembling,
repair and maintenance, banking and insurance activities can be performed
in Istanbul Ataturk Airport Free Zone.
Companies in ISBI are free to perform the following activities as well:
packing, repacking, marking, labelling, exhibition of the goods.
Production Licence (valid for 20 years)
Purchasing-Selling Licence (valid for 15 years)
Assembling – Disassembling Licence (valid for 15 years)
Other Licence (valid for 15 years)
12. Incentives
100% foreign company ownership
Free transfer of profits
No currency restrictions
Equal treatment
No time limitation for stocking goods
Competitive infrastructure standards
Free entrance to 2nd hand machines
Access to domestic and foreign markets
13. IFTC International Flight Training Center
IFTC, founded to meet the growing demand for aviation training in the region,
is the first private flight training center in Turkey.
In addition, IFTC Istanbul is the third flight simulator center in the world
accredited by Boeing.
Some of the Main Free Zone Companies in ISBI
14. Toz Metal Industry and Trade Inc. makes production by using powder
metallurgy technology. Toz Metal manufactures products that the companies
such as Köhler and Tecumseh in USA are in need of; at the same time, it is the
approved manufacturer of many firms in Europe such as VW Audi Group, GM
Opel, and Renault.
15. Unifree Duty Free İşletmeciliği A.Ş.
The leader of the Turkish Duty Free sector,
UNIFREE is the managing partner and
supplier of ATU, which is the sole operator
of Istanbul, Izmir, Ankara, Tbilisi, Batumi,
Skopje, Ohrid, Tunisia and Riga Airports.
UNIFREE also has developped and sustained its activities as the
Turkish partner of Gebr. Heinemann KG; one of the largest duty
free operator and logistics suppliers in Europe.
16. Amadeus Information Technologies Inc.
Amadeus is one of the leading IT solutions providers in the global tourism and
travel industry. Amadeus operates in 195 countries with a worldwide team of
more than 11,000 people and it provides the technology which keeps the
travel sector moving - from initial search to making a booking, from pricing to
ticketing, from managing reservations to managing check-in and departure
processes.
17. Telenity provides world's leading innovative services and solutions for
communications networks in emerging markets. Telenity's revenue generating
solutions include location middleware, partner management system, and
location-based mobile marketing platform built with reusable service delivery
components.
18. APPLICATION PROCEDURE FOR LICENCE
The proper place at
free zone determined
according to need of
user and a protocol
is undersigned
Operating
Licence
Application
Form
is filled out
An Application fee
of 5.000 US$ will
be deposited to
Turkish Central
Bank
Application to
Directorate of
Istanbul Ataturk
Airport Free Zone
with filled form
and
attachments.
NOYES
Application fee
is returned
Arrival of Letter of
Conformity
Opening of
company
(New set-up or
Branch )and
undersigning of
rent contract
with ISBI
Necessary
official documents
are sent to General
Directorate of
Free Zones and
Operation Licence
obtained.
20. Famagusta Free Port and Zone offers
private warehouses
general warehouses
offices,
modern and ready infrastructure
Office building Warehouses
21. Incentives
100% VAT and customs duties exemption
100% Corporate Tax or Income Tax Exemption for all
companies
100% Foreign Company Ownership
Equal treatment
Opportunity to Transfer Profits
No Specific Time Period For Exemptions and Advantages
Minimum Range of Banned Substances
No time limitation for stocking goods