Open menu
21July2022

Update on R&D and Technology Region Incentives

Update on R&D and Technology Region Incentives

With the Official Gazette dated 21.07.2022 and numbered 31899; a Presidential update has been published with regards to the employees working remotely under the scope of technology development and R&D regions.

With that decision; the income tax incentive time rate that is applied for the time performed outside of R&D and technology development regions, will be applied as 75% until 31.12.2023 for the R&D and technology development employees.

Based on that, the Presidential decision dated 16.01.2021 and numbered 4625 has been abolished.

You can reach the related Official Gazette via that link. (In Turkish)

Should you have any queries or need further details, please contact your customer representative.

Written by Erdoğdu Onur Erol, Posted in Taxation Law

  • Notification!

    Contents provided in this article serve to informative purpose only. The article is confidential and property of CottGroup® and all of its affiliated legal entities. Quoting any of the contents without credit being given to the source is strictly prohibited. Regardless of having all the precautions and importance put in the preparation of this article, CottGroup® and its member companies cannot be held liable of the application or interpretation of the information provided. It is strictly advised to consult a professional for the application of the above-mentioned subject.

    Please consult your client representative if you are a customer of CottGroup® or consult a relevant party or an expert prior to taking any action in regards to the above content.

About The Author

This website is using cookies.
In this website, we use cookies to develop your user experience, obtain efficient work and track statistical data. You are agreeing to our use of cookies by browsing our website. Please review Çerezler (Cookies) page for detailed information of how we manage the cookies. This choice is valid for 30 days until you delete the cookies in your web browser.
x