CLIENT ALERT

July 2017

   

 

For further information please contact:

Dr. Çağdaş Evrim Ergün
Partner, Ankara
c.ergun@cergun.av.tr

Ayça Özbek
Associate, Ankara
a.ozbek@cergun.av.tr

Ergün Avukatlık Bürosu İstanbul | Levent Loft II, D: 13-16, Levent
T +90 (212) 280 90 91

Ankara | Mahall Ankara, E Blok, D: 63, Çankaya
T +90 (312) 220 30 60

E info@cergun.av.tr

W cergun.av.tr

Incentive Certificates for License-Exempt Electricity Generation

On 26 July 2017, the Communiqué on State Incentives has been amended to include license-exempt electiricty generation investments in Annex-4 of the Communiqué, which lists the sectors and investments which are eligible to receive the incentive certificates from local authorities in addition to the Ministry of Economy. As a result of this amendment, in order to benefit from state incentives, such as exemptions from certain taxes and the social security premium support, license-exempt electricty generation projects do no longer need to apply to the Ministry of Economy but they can obtain incentive certificates from the local authorities as well. This amendment is expected to facilitate and shorten the process for license-exempt electricity generation projects to obtain incentive certificates.

 

This information is provided for your convenience and does not constitute legal advice. It is prepared for the general information of our clients and other interested persons. This should not be acted upon in any specific situation without appropriate legal advice. This information is protected by copyright and may not be reproduced or translated without the prior written permission of Ergün Avukatlık Bürosu.