Business

‘Digital market entry’ support to the exporter

The new regulations for the year 2022 of the ‘digital market entry’ circular have been published by the Ministry of Commerce in order to encourage exports. According to the circular, export companies will be able to get back some of the fees they paid for transacting on digital export platforms approved by the ministry from the Ministry of Commerce.

Based on the President’s Decision on Supporting Digital Activities in the Market Entry, the Ministry of Commerce issued a circular containing the regulations of the procedures and principles for 2022.

According to the circular published on the Ministry’s website, exporters will be reimbursed for membership fees to digital platforms. Within the scope of the support, companies that are members of digital export platforms approved by the ministry will be refunded 60% of their membership fees, up to ₺15 thousand 102.

EXPORTS ARE FROM COMPANY, SUPPORT IS FROM MINISTRY

The circular covers B2B e-export platforms such as TurkishExporter.com.tr. Companies that meet the conditions will be able to complete their applications by filling out the required documents.

Companies that meet the application conditions will be able to get back 60% of the fees they have paid, up to $15 thousand 102, with the payment request form they will send to the Ministry of Commerce. The list of digital export platforms approved in the Ministry of Commerce’s support circular for digital market entry will be valid throughout 2022.

HOW CAN YOU APPLY?

The documents required to apply for the support specified in the circular of the Ministry can be found on the Ministry’s website. In addition, companies will be able to obtain information on the subject from exporters’ associations.

Details on the application requirements can be found on the ministry’s website.

Source: NTV / Translated by Irem Yildiz

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