The exemptions are time-limited and depend on the activity being carried out in the zone; there are additional benefits such as VAT and stamp duty exemptions. In practice, the share of off-zone work and the separation of income are frequent audit issues.
Source: 4691 sayılı Teknoloji Geliştirme Bölgeleri Kanunu
Related terms
R&D deductionAn additional deduction for research and development expenditure in determining corporate income, subject to conditions set out in law.Corporate income taxThe tax levied on the earnings of capital companies, cooperatives and other corporate entities.Domestic minimum corporate taxThe rule that the corporate tax calculated may not be less than 10% of corporate income before deductions and exemptions.Advance taxTax paid in advance during the year by income and corporate taxpayers, in quarterly periods, on current-period earnings.Advance tax rulingA written explanation issued by the tax administration upon a taxpayer's written request about its own tax position or matters it considers unclear.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.
Last updated: October 31, 2026 · This definition is for general information only.