Cash supports are provided to companies developing gaming companies under the export supports of the Ministry of Commerce (Republic of Turkiye). Gaming incentives are available for mobile or PC gaming companies. They may easily refund millions of expenditures without any obligation.
What are the Basic Requirements for Gaming Incentives in Turkey?
- Being established as a joint-stock or limited company in Turkey. The owner of the company being of foreign origin does not prevent receiving support. Foreign investors are always wellcome.
- Expenditures must be made from the Company’s bank account in Turkey. Expenditures should not be made through a different individual or company. Also, it is not possible to receive support with non-bank payment methods.
- Having an mobile game on the Appstore or Google Playstore account on behalf of the company: Expenditures for applications belonging to another person or company are not supported.
- Expenditures must be intended for abroad: Expenditures made for Turkey or in Turkish are not supported.
- Having no tax or social security debt: The company should not have any debt during the accrual period. Alternatively, offsetting is possible.
What are the Government Grants for Gaming Companies in Turkey?
The incentives provided for gaming companies are as follows:
- Advertising / UA support: 60-70% of digital advertising expenses can be covered, but it’s important to identify the platforms included in the support. A refund of up to 500K USD per application is possible. It is possible to reach this limit separately for up to 5 applications per year. From the 6th application onwards, the limit drops to 40K USD million TL. Thus, user acquisition (UA) costs are significantly reduced.
- Software license support: The Ministry of Commerce refunds up to 60% of the software used in developing mobile/game applications, up to 60K USD per year. For detailed information, visit https://www.finahukuk.com/2022/07/18/yazilim-lisans-hibeleri/
- Personnel support: Financial support provided for newly employed engineers is 50% of the gross salary. There is an opportunity to benefit for up to 5 personnel per year. Additional conditions exist, such as the personnel not having previously worked insured in the company, and the application in question not having Turkish language support.
- Market entry support: To facilitate the market entry of the mobile application, 50% of expenses for translation-voiceover, website, hosting services are supported up to 2.4 million TL per year. There is a pre-approval mechanism for market entry support, and pre-approval is given directly by the Ministry.
- Commission support: 50% of the commission deducted by the platforms on which the mobile application is published is covered by the state. A refund of up to 120K USD per application is possible. Revenues from the Turkish market for Appstore and Google Play commissions are not supported. Up to 5 applications per year can each receive a refund of 120K USD, after which the refund amount decreases.
- Reporting and Database Membership Support: Software licenses such as Adjust, Appsflyer, Mobile Action, Adapty, Amplitude are refunded up to 60%, up to 60K USD per year. There is a pre-approval mechanism for database support, and pre-approval is given directly by the Ministry.
To receive gaming incentives provided by the Ministry of Commerce, it is necessary to become a member of the Service Exporters Association, and send basic information and documents to the Association. With these supports, the state encourages companies developing gaming applications to engage in more foreign currency earning activities, while companies can grow faster and reach their goals.
You can read our presentation for detail information.
Finahukuk runs the entire operation on your behalf and allows you to earn hundreds of thousands of USD with only a small success premium.. For more information on which specific types of incentives your gaming application can benefit from, feel free to contact us for further details.