For activities carried out in R&D and design centres and technology parks, Law No. 5746 and Law No. 4691 provide various tax and social security contribution incentives. Projects and expenditure must be properly documented to benefit from them.
Source: Law No. 5746
Related terms
Investment incentive certificateA certificate issued by the Ministry of Industry and Technology for investments under state aid schemes, providing support such as tax reductions and VAT exemptions.Corporate income taxThe tax levied on the earnings of capital companies, cooperatives and other corporate entities.Advance taxTax paid in advance during the year by income and corporate taxpayers, in quarterly periods, on current-period earnings.Arm's length principleThe principle that transactions between related persons should be carried out at the prices and on the terms that would apply between independent parties with no such relationship.Capital gainGains of individuals from disposing of certain assets and rights that are subject to income tax.Certified public accountant (SMMM)A professional authorised to keep taxpayers' books, prepare their financial statements and advise on accounting and tax matters.
Last updated: October 22, 2026 · This definition is for general information only.