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Balıkesir Technopark BALIKESİR TECHNOPARK
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TGB Advantages

Supports and exemptions provided to entrepreneurs operating in Technology Development Zones

Income and Corporate Tax Exemption:
  • Income and corporate tax payers operating in the zone are exempt from income and corporate tax until 31/12/2028 on earnings derived exclusively from R&D, software, and design activities conducted in this zone.
VAT Exemption:
  • During the exemption period for income and corporate taxes, entrepreneurs operating in the Technology Development Zone are exempt from VAT for their system management, data management, business applications, sectoral, internet, mobile game, and military command control application software produced exclusively in these zones.
Income Tax Exemption for Personnel:
  • Salaries of R&D, Design, and Support personnel working in the zone are exempt from all kinds of taxes until 31/12/2028. Accordingly, no income tax or stamp duty will be calculated on the salaries earned by employees working in the zone.
Fee and Stamp Tax Exemption:
  • Management companies operating in Technology Development Zones are exempt from stamp tax for documents arranged in relation to the implementation of the law, from fees for performed transactions, and from property tax. In addition, they are not required to pay wastewater fees.
Customs, Stamp Tax, Fund, and Fee Exemption:
  • Goods imported for use in research related to R&D, innovation, software, and design projects are exempt from customs duties and all kinds of funds; documents and transactions related to this scope are also exempt from stamp tax and fees.
Income and Corporate Tax Deduction Incentive for Capital Support to TDZ Companies:
  • For firms located in Technology Development Zones, capital supports of up to 1 million TL provided by income and corporate tax payers to finance projects approved by the Ministry (in medium-high and high-tech fields according to NACE Rev.2) can be deducted up to 10% of declared income or corporate profit and up to 20% of equity. The transferred capital must remain in the relevant company for at least four years from the date of transfer.
Social Security Premium Support:
  • 50% of the employer’s share of social security premiums for personnel (R&D, design, and support) whose salaries are exempt from income tax is covered by the Ministry of Treasury and Finance.
Income Tax Withholding Support:
  • The wages of R&D and design personnel working in enterprises within the zone who are pursuing a master’s degree (up to one and a half years) or a doctorate (up to two years) outside the zone are included in the income tax withholding incentive, provided that they do not exceed 100%. Furthermore, wages related to activities directly connected to projects conducted in the zone but performed outside the zone are also covered under this incentive.
Support for Eligible Programs:
  • For firms in Technology Development Zones employing R&D personnel with at least a bachelor's degree in fields determined by the Ministry, as well as for personnel employed in incubation centers and technology transfer offices within the zones, the portion of their salaries equal to the gross minimum wage is covered by the Ministry for two years.
Infrastructure, Administrative Building, R&D Building, and Incubation Center Support:
  • Expenses for infrastructure, administrative buildings, R&D buildings, workshops, and incubation centers in the zones, as well as machinery, equipment, and software used in these workshops, and expenditures related to incubation programs, technology transfer office services, and technology cooperation programs run by management companies, may be covered within the limits of the budget allocated by the Ministry. With new legal regulations, the Ministry may also support R&D buildings, workshops, and related equipment and software in addition to infrastructure, administrative buildings, and incubation centers.
VAT Support:
  • Enterprises located in the zone are granted VAT exemption for machinery and equipment purchased for project-based use.
Venture Capital Support for TDZ Incubation Companies:
  • According to the Technology Development Zones Law, income and corporate tax payers operating in the zones with an exempted income exceeding 1 million TL as of 1/1/2022 must allocate 2% of the exempted amount to a temporary account and invest this amount in venture capital investment funds established to invest in Türkiye-based entrepreneurs, or contribute it as capital to entrepreneurs operating in incubation centers under this law by the end of the same year. Otherwise, 20% of the exempted earnings will become subject to taxation.
Expansion of Support Staff Eligible for Exemptions:
  • In TDZ companies, the number of support personnel eligible for income tax withholding and social security premium employer share incentives has been increased to 20% of R&D and design personnel for companies with up to fifteen total employees.
Ph.D. Student Employment Support:
  • Companies located in the zones may receive support for the employment of Ph.D. student R&D personnel for up to two years, within the budget allocated by the Ministry and under conditions specified in the regulation.
Increase in the Ratio of Support Personnel:
  • The number of support personnel eligible for exemptions has been set at 20% of R&D and design personnel for companies with up to fifteen total employees in the Technology Development Zones.