Technopark Processes (Law No. 4691) | Pronova Consulting | Pronova Danışmanlık

Technoparks (Technology Development Zones) are special ecosystems providing significant tax advantages to firms carrying out R&D and software-oriented activities. Businesses operating in these zones both reduce their financial burdens and gain the opportunity to establish sustainable R&D infrastructure thanks to correctly structured projects.

Main advantages provided within the scope of Technopark:

• 100% Income and Corporate Tax Exemption: Earnings derived from R&D, design, and software activities carried out in the zone are 100% exempt from tax until 31.12.2028 (for regional qualified activity income).
• 100% VAT Exemption: VAT is not applied to the delivery of certain software and technology products developed in the region.
• 100% Income Tax Withholding Exemption: Income tax calculated on the wages earned by R&D, design, and software personnel within the scope of these duties is 100% exempt (within the gross minimum wage limits determined in the legislation).
• 50% SSI Employer Premium Support: 50% of the employer's SSI premium share for personnel within the scope of the income tax exemption is covered by the state.

These incentives provide serious cost advantages and cash flow contributions to the business with the correct project design and activity differentiation in accordance with the legislation.