SUPPORT FOR TECHNOLOGY DEVELOPMENT ZONES

SUPPORT FOR TECHNOLOGY DEVELOPMENT ZONES

Project Status : Active
Updated Date : 27.04.2021

DETAILS

With this support, universities, research institutions and organizations and production sectors cooperate with the aim of making the country's industry internationally competitive and export oriented it is aimed to produce technological knowledge, to support entrepreneurship in product and production, to adapt small and medium-sized enterprises to new and advanced technologies, to create investment opportunities in technology-intensive areas, to take into account the decisions of the High Council of Science and Technology, to create job opportunities for researchers and qualified people, to assist technology transfer and to provide the technological infrastructure that will accelerate the entry of foreign capital that will provide high / advanced technology.

  1. A) Incentives Provided to Managing Companies:

Stamp duty, fees and real estate tax are within the scope of exemption and exception. The earnings of the managing company are exempt from corporate tax until 31/12/2023.

  1. B) Staff Employment Incentives:

The income to be earned by faculty members, lecturers, research assistants and experts who work part or full time as researchers and administrative staff in the activities in the Zone from public institutions and organizations and university personnel are excluded from the scope of the university revolving fund.

Half of the employer's share of the insurance premium calculated on the wages of the personnel, whose wages are exempt from income tax, in return for their work in the Region, is covered from the allowance to be put into the budget of the Ministry of Finance.

As long as the income tax exemption is applied, half of the employer's share of the insurance premium calculated over the wages exempted from income tax is met from the allowance to be placed in the budget of the Ministry of Finance.

  1. C) Incentives Provided to Entrepreneurs:

The earnings of income and corporate taxpayers operating in the Zone exclusively from software, design and R&D activities in this Zone are exempt from income and corporate tax until 31/12/2023.

The earnings obtained by the taxpayers operating in the zone exclusively from the software and R&D activities in this zone have been exempted from corporate tax until 31/12/2023, regardless of the starting date.

50% of the employer's share in the insurance premium calculated over the wages of the R&D and Support personnel employed in the enterprises in the region is covered from the allowance to be placed in the budget of the Ministry of Finance for each employee for five years.

The delivery and services of entrepreneurs operating in the region in the form of system management, data management, business applications, sectoral, internet, mobile and military command control application software, which are produced exclusively in these regions during the period of exemption from income or corporate tax, are exempt from value added tax.

OTHER SUPPORT OF SANAYİ VE TEKNOLOJİ BAKANLIĞI INSTITUTION