Tax Relief for Qualified Talent: Türkiye Wants the People Behind the Capital

Article 5 reveals the human capital dimension of the proposal.

It introduces an income tax exemption for qualified personnel employed in qualified service centres. For qualified service centres operating within the Istanbul Financial Centre, the advantage is broader.

This matters because in today’s economy, capital alone is not enough.

The real value lies with the people who manage capital, build technology, design financial structures and run international operations.

Through this provision, Türkiye is sending a message to highly qualified professionals:

Working here may be attractive not only operationally, but also from a tax perspective.

This could appeal particularly to:

• finance professionals,

• strategy consultants,

• software and data teams,

• legal and compliance specialists,

• and international management teams.

Still, tax incentives alone will not be enough to attract top talent. Quality of life, education, healthcare, work permit processes and legal certainty must also form part of the same package.