The legal arrangement to enable the establishment and operation and audit of technoparks in our country has been provided, to a large extent, by the Law no. 4691 on Technology Development Zones, which was entered into force on 06.07.2001, and the Implementation Regulation of Technology Development Zones, which was entered into force on 01.04.2014. Important advantages are provided to the institutions in the region, the university and the public personnel, who want to work in the region, and the regional managing company by means of the Law of Technology Development Zones no. 4691.
The Advantages for the Institutions Operating in Technology Development Zones:
Personal income and corporate income tax exemptions till the end of 2023 for the income that the personal income and corporate income taxpayers operating in the region obtain from their software and R & D activities,
All kinds of tax exemptions till the end of 2023 regarding the salaries of researchers, software developers and R & D personnel working in the region,
Insurance premium support: Exemption of half of the employer\s share of the insurance premium calculated on the salaries of the R & D and support personnel for their works till 31/12/2023,
VAT exemption for the software produced in the region.
The Advantages Regarding the Employment of the Personnel of University and Public Institutions and Organizations:
The right to work permanently or part-time with the permission of the organizations, at which they work,
Excluding the income obtained by the faculty members from the scope of the University’s Revolving Funds.
The faculty members will be granted with the right to establish a company, to become a partner to an established company and/or to take office in the management of these companies in order to commercialize the results of their researches.