Company Formation

Does software development qualify for the exemption in a free zone?

It can, under conditions, but the area is narrower than it appears. The software must be produced exclusively and actually within the zone, prepared for commercial purposes, and the export evidenced by documentation. Routine work and activities such as building websites are treated as outside the scope. On the software side, the free zone decision therefore turns on where production physically happens.

Read the full article: Who Actually Benefits From a Turkish Free Zone: Foreign Investors and Turkish Companies →