Technology Development Zones Law No. 4691 came into force in 2001.

Legal Incentives

  • Income Tax and Corporation Tax exemptions for companies developing R&D products until 2023

  • %50 reduction on Mandatory Social Security payments for companies operating in technopark and involved in R&D until 2023

  • Value-added Tax exemptions only for software development

Opportunities for Academicians:

  • May work in Technopark companies on part time or full time basis.

  • Tax advantage for academicians working in Technoparks.

  • Opportunities for academicians to start a company and commercialize their innovations.