+44 1372 750800

İstanbul Leather and Industry Free Trade Zone (FTZ)

We can incorporate your Turkish company and assist with obtaining a free trade operating licence for the İstanbul Leather and Industry Free Trade Zone  (FTZ).

The operations in a free trade zone must be of a type previously deemed acceptable by the Supreme Coordination Council of Ministers, in the Istanbul Leather and Industry Free Trade Zone, the current scope operations includes but is not limited to production of:

  • Computers and Equipment
  • Medicine and Cosmetics
  • Electrics and Electronics
  • Automotive Spare Parts
  • Auto-motives
  • Construction Machinery and Equipment
  • Leather and Leather Products
  • Industrial Machinery and Equipment
  • Dyes and Chemicals
  • Home-Office Furniture and Construction
  • Textiles and Garments
Activities which can be carried out in the Free Trade Zone:
  • Trade
  • Banking and Insurance
  • Rentals
  • Production
  • Storage

Free Trade Zone Advantages - İstanbul Leather and Industry (FTZ)

  • The only Free Trade Zone which has the authority over the import of 'leather and leather made goods' in the Istanbul region
  • The revenue and earnings from Free Trade Zone activities can be freely transferred to Turkey or abroad without any permission
  • Free Trade Zone users can buy goods and services from Turkey without paying value added tax
  • Goods can remain in the zones without any time limit
  • Trade between Free Trade Zones and third countries is not subject to foreign trade regime
  • Goods can be sent to Turkey or to the EU countries from the Free Trade Zones without any customs duty payment

Operating Licence Application Procedures - Istanbul Leather and Industry Free Trade Zone

  • We incorporate your Limitet Þirket company in Turkey
  • We complete your Free Trade Zone Operating Licence Application Form
  • Your application fee is then deposited with the Central Bank of Turkey
  • We submitted your application form which is then assessed by the Free Trade Zone Founder and Operator (DESBAS) and the Undersecretariat of Foreign Trade (UFT) General Directorate of Free Trade Zones
  • A lease agreement is then made with the Free Trade Zone Founder and Operator (DESBAS)
  • We apply to the UFT General Directorate Of Free Trade Zones with your lease agreement
  • You receive your Operating Licence and can start business in the Istanbul Leather and Industry Free Trade Zone