Who can benefit?
The following persons can benefit from the foreign fair participation credit; institutions and organisations, natural person traders, who are keeping the accounts in accordance to the balance sheet basis or trade companies like:
- Promoter: Institutions, which are realising foreign fair organisations,
- National participant: Companies, which are participate to the foreign fairs, which have been realised by the promoters,
- Individual participant: Companies, which are participate individually to international sectorial fairs, which being announced by the TR Ministry of Economics.
What is the purpose of the product?
We are encouraging our companies to participate to foreign fairs and to perform marketing and advertising activities, in this course we are supporting them to enter new/target markets by increasing their foreign market shares, to meet their competitors, and to collect information about new product and technologies to develop the export trade.
What is the company limit?
The company limit amount of the total principal remnants of the foreign fair participation credit to any time.
The company limit in the scope of this credit program amount:
For promoters with the A Class licence 2.000.000,- TL,
For promoters with the B Class licence 1.500.000,- TL,
For promoters with the C Class and temporary licences 1.000.000,- TL,
For national participants and individual participating companies 200.000,- TL.
What is the threshold?
There is no threshold in the course of the foreign fair participation credit program on transaction basis.
How long is the term?
What does it cost?
The interest/dividend rates to be applied on the credit are being determined in regard to the credit term, the credit amount and the currency.
Who is eligible?
Institutions and organisations, natural person traders, who are keeping the accounts in accordance to the balance sheet basis or trade companies like; like promoters of foreign fairs, companies, which participate the foreign fairs organized by the promoters and individual participating companies, which are participate individually to international sectorial fairs, which being announced by the TR Ministry of Economics.
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