Turkey has extended a VAT exemption for construction activities in the manufacturing and tourism sectors, under Presidential Decision No. 9770 issued on 30 April 2025, which was published in the Official Gazette on 1 May 2025 (No. 32887). The exemption will now remain in effect until 31 December 2028.
This measure, outlined in Temporary Article 37 of VAT Law No. 3065, provides a VAT exemption on goods and services supplied for construction projects conducted under investment incentive certificates.
Originally introduced by Law No. 7394 in 2022, the exemption was set to expire at the end of 2025.