Tax Advisory

Should a Turkish startup consider Technopark (Teknokent) registration?

Yes, if the startup has active software R&D and at least one full-time developer. Technopark status provides corporate tax exemption on software income and payroll tax exemption for R&D staff. The application process takes 3–6 months and the exemption does not apply retroactively, so delaying costs real money.

Read the full article: 7 Financial Mistakes to Avoid When Starting a Startup →