8 countries covered for company formation and management
HomeTechnopark
Law 4691 · Technology Development Zones

Setting up in a technopark and the 4691 incentives

Entering a technopark starts not with incorporating but with your project passing the innovation review. We write the project file, present it with you, and set up the company and the exemption reporting with the same team.

Which incentives apply to you?

  • Corporate / income tax
    Income exemption

    Income from software, design, and R&D activities in the zone is exempt from income and corporate tax pursuant to the temporary 2nd article of Law No. 4691.

  • Payroll
    Income tax withholding exemption

    Salaries of R&D, design, and support staff working in the zone for these duties are exempt from income tax withholding within the limits set by regulations.

  • VAT
    VAT exemption on software delivery

    Delivery and services of systems management, data management, business applications, sectoral, internet, mobile, and military command and control software produced in the zone are exempt from VAT.

  • Stamp duty
    Stamp duty exemption

    Documents related to exempt activities are exempt from stamp duty; employee payrolls are included in this scope.

  • SGK
    Social security premium employer share support

    Half of the social security premium employer share for personnel within the exemption scope is covered by the Treasury under Law No. 5746.

  • Ministry support
    Basic science support

    In companies employing at least bachelor's degree-level R&D staff in basic sciences, the portion of monthly salary paid to this staff equal to the gross minimum wage is covered by the Ministry budget.

From application to settlement

Day 0–3
Marcaworld
Pre-assessment and region selection
Does the project fit the scope, which region's criteria apply, incubator or office — these three questions are answered free of charge and a written roadmap is provided.
Day 3–10
Ortak çalışma
Project file preparation
The innovative approach, technical risk, work packages, timeline, budget, and personnel plan are written in arbiter's language. This is the most labor-intensive step and the one that determines acceptance.
Day 10–12
Marcaworld
Application to the managing company
Files and attachments are uploaded through the region's portal, application fee is paid, and follow-ups on missing documents are tracked.
2–6 weeks
Teknokent
Arbitrator review and committee
An independent arbitrator's report is prepared, project presentation is given if needed, and the evaluation committee makes a decision. We prepare for the presentation together.
1 week
Ortak çalışma
Acceptance and settlement agreement
After acceptance letter, a lease or incubation agreement is signed and office space and use commencement date are determined.
3–5 business days
Marcaworld
Company formation or address registration
MERSİS application, articles of association, NACE code and trade registry registration are completed; in existing companies, address and business activity are updated.
Start of operations
Marcaworld
Exemption setup and reporting
Payroll exemption codes, zone-internal/external income separation, monthly exemption reports, and e-ledger setup are configured; first-period reports are submitted together.

What the application file requires

Identity and signature authority
Partners' identity or passport copies, signature statement.
Company documents
For existing companies: trade registry gazette, operation license, tax certificate.
Project file
Purpose, innovative approach, technical risk, work packages, and timeline.
R&D budget
Project budget breakdown by personnel, equipment, and service procurement.
Personnel plan and CVs
R&D personnel job descriptions and qualifications.
Market and commercialization plan
Target customer, competitive comparison, revenue model.
Office space request
Incubator, shared desk, or office space requirement.
Intellectual property status
Trademark, patent, or utility model applications, if any.

Common mistakes

  • 1
    Innovation differentiation not demonstrated

    When an application uses phrases like 'will be developed with modern technologies,' evaluators cannot compare it to existing solutions. A table of current solutions and technical justification for differentiation is required.

  • 2
    Work packages appear outside R&D scope

    If the package is heavy on setup, configuration, and UI updates, it reads as a service rather than development. Work packages should be structured to include uncertainty and experimentation.

  • 3
    Budget conflicts with staffing plan

    Budgets showing costs for ten people when a three-person team is planned—or vice versa—undermine the application's credibility.

  • 4
    Commercialization plan missing

    Technology parks transform academic knowledge into products. Projects without target customers and revenue models are considered incomplete.

  • 5
    Not reviewing region criteria before applying

    Each region has different sector focus and acceptance thresholds. The same application may be rejected in one region and accepted in another; region selection is part of the application.

Request a free pre-assessment

We will tell you whether your project falls under 4691 before you apply.

Frequently asked questions about technoparks