Technology Development Zones in Türkiye- Application Guide Under Law No. 4691: Incentives and Compliance Management
The Technology Development Zones Law No. 4691 serves as the most robust legal instrument shaping the software and R&D ecosystem in Turkey, extending substantial tax exemptions to technology companies. However, practical professional experience indicates that many companies mistakenly view entering a Technology Development Zone (commonly known as a "Teknokent" or "Teknopark") as a simple commercial office leasing transaction. This narrow approach invites severe risks down the line, including retroactive tax penalties and the loss of statutory rights. Utilizing these incentives sustainably requires a carefully structured application strategy at the outset, followed by an flawlessly executed regulatory compliance program. In this guide, we evaluate the legal risks and outline the updated regulatory roadmap for technology companies seeking integration into the Teknokent ecosystem.
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