Free zones are defined as places where legal and administrative regulations regarding commercial, financial and economic areas valid in a country are not applied or are partially applied, where wider incentives are granted for industrial and commercial activities and where they are physically separated from other parts of the country.

Law No. 3218 on Free Zones lists the main objectives of establishing and operating free zones as encouraging export-oriented investment and production, accelerating foreign direct investment and technology inflow, directing businesses to export and developing international trade.

In Turkey, there are both Free Zones with Land Owned by the Treasury and Free Zones with Land Owned by Private Property. In Free Zones with Land Owned by the Treasury, the regional land is transferred to the Operator and the Zone Founder and Operator (B.K.I.) companies and the Ministry through the Operator and B.K.I according to the principles determined in the contracts, the superstructure is leased to the users by the Operator or Z.F.O. according to the land rental tariffs approved by the General Directorate.

In free zones where the land belongs to the Treasury, it is essential that the superstructure is used within the scope of the activity license it is affiliated with, and upon the cancellation or expiration of this license, the superstructure is transferred to the Treasury. In free zones where the land belongs to the Treasury, the superstructures belonging to the Treasury and the superstructures constructed by the users and subsequently transferred to the Treasury are leased to the users by the Operator or B.K.I. according to the principles determined in the Operator and B.K.I. contracts concluded between the Operator and B.K.I. companies and the Ministry.

The sale of real estates located in free zones where the land belongs to private property is possible if the General Directorate deems it appropriate. All rights and obligations regarding the real estates sold are transferred to the new user as of the date of the title deed or the real estate sales promise agreement in deferred sales. Users who operate by purchasing real estates in Free Zones are investor users and their activity licenses are issued accordingly. In free zones where the land is privately owned, the B.K.I. company can rent the regional land in its possession to users for superstructure construction, in accordance with the principles determined in the Operator/Z.F.I. contracts and the twelfth paragraph of Article 8 of the Free Zones Implementation Regulation, based on the land rental tariffs approved by the General Directorate, in a manner not to exceed the license period. The standard rental agreements to be used in land rentals are prepared in accordance with Article 46 of the Free Zones Implementation Regulation and other regulations, and are used with the approval of the Ministry. Users who carry out activities by constructing superstructure with a land rental agreement are investor users.

As World Invest, we have been guiding our clients in the most accurate way in their investments made in Free Zones, whether through infrastructure or building transfers or leasing ready-to-use spaces, in our role as consultants, helping them make effective decisions.