INFO CENTER
24.11.2024

Advantage for Technology Centers in K.Maras Earthquake Emergency

With the Presidential Decree No. 138 published in the Official Gazette dated 31/03/2023 and under the Presidential Decision No. 7015, due to the earthquakes centered in Kahramanmaraş province, the following decisions have been made for the provinces declared under the state of emergency:

  • The income tax withholding incentive rate calculated on the wages of personnel working in R&D and design centers will be applied at 100%.
  • The employer’s share of social security premiums, calculated on the wages of personnel working in Technology Development Zones and R&D and Design Centers, will be covered by the fund allocated to the Ministry of Treasury and Finance budget (100%).
  • The personnel working in Technology Development Zones and R&D and Design Centers will be allowed to work 100% outside the region/center and benefit from the income tax withholding incentive.

This decision is effective from 06/02/2023.

You can access the relevant Presidential Decree here.

You can access the relevant Presidential Decision here.

Sincerely,

BİLGENER

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