Turkey revealed great facilities and privileges for Saudi investors in the field of industry, including tax and customs exemption, free land and soft loans, and Dr. Mustafa Joksu, advisor to the Turkish President for Investment Affairs, noted that the tax law in Turkey is on the amount of profits and not the capital, which is 20% of profits due to Ankara's dependence on taxes, and there are investors who are exempt from taxes such as workers in the field of industry.
There are investors who are exempted from taxes, such as workers in the field of industry. <Dr. Mustafa Göksu, Advisor to the Turkish President for Investment Affairs, explained that the Turkish government gives incentives to people who secure the state and those who produce for it, which pushes it to reduce imports from abroad or those who create and employ Turkish workers, Whoever invests, for example, 50 million dollars, the state returns to him from 20 to 40% of the money he pays according to the region in which he invests, stressing that Ankara pays social insurance for workers, advances, free land, and exemption from customs tax and value added according to the investment that the state needs, and Joksu added that Turkish states equal the advantages between the Turkish and foreign investor.
It is worth noting that the volume of investment has increased between Turkey and the Kingdom from a value not exceeding 15 billion dollars to 136 billion dollars, indicating that the number of Saudi companies in Turkey is continuously increasing and has reached until last year more than 486 companies.
Goksu added that the Turkish countries equal the advantages of the Turkish and foreign investor.








