Turkey’s Mining Fiscal Industry 2015 Market Demand and Growth to 2020 by Market Research Store

Deerfield Beach, FL -- (SBWire) -- 01/13/2016 --Synopsis

Turkish fiscal regime report provides information on governing bodies, laws, licenses, rights, obligations, and tax-related information on 10 commodities: iron ore, coal, copper, zinc, gold, silver, nickel, chromium, lead and uranium.

Summary

Timetric's fiscal regime report covers Turkey which has a variety of mineral resources, including iron ore, copper, nickel, cobalt, and gold. The country's mining industry is governed by the Ministry of Energy and Mineral Resources. Mining Law No. 3213 of 1985, amended by Law No. 5995 of June 2004, provides both local and foreign investors with a more investment-friendly environment.

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Scope

The report outlines the governing bodies, laws, licenses, rights, obligations, and key fiscal terms which includes royalty rates, corporate tax, loss carry forward, property tax, withholding tax, stamp duty, motor vehicle tax, depreciation

Reasons To Buy

Gain an overview of Turkey's mining fiscal regime

Key Highlights

- The Ministry of Energy and Natural Resources (MENR) is responsible for streamlining the use of energy and mineral resources to reduce Turkey's dependency on external sources and maximize its contribution to the country's welfare.

- The General Directorate of Mining Affairs (MIGEM), a unit under the MENR, is responsible for regulating mining affairs in Turkey.

- Turkey's mining regime is governed by the Mining Law No. 3213 of 1985, amended by Law No. 5995 of June 2010.

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Table of Content

1 Executive Summary

2 The Turkish Mining Industry – Governing Bodies
2.1 Ministry of Energy and Natural Resources (MENR)
2.1.1 General Directorate of Mining Affairs (MIGEM)
3 The Turkish Mining Industry – Governing Law

4 The Turkish Mining Industry – Ownership and License Types
4.1 Ownership of Minerals
4.2 Mining License
4.3 Exploration License/Certificate
4.4 Operation License
4.5 Operation Permit

5 The Turkish Mining Industry – Rights and Obligations
5.1 Rights
5.1.1 Mining rights
5.1.2 Transfer of mining rights
5.1.3 Surface rights
5.1.4 Discovery rights
5.1.5 Rights of easement and usufruct expropriation
5.2 Obligations
5.2.1 Exploration and operation license
5.2.2 Operation permit
5.2.3 Mining areas
5.2.4 Production and dispatch

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