Consultancy for Technoparks in Turkey

Technoparks in Turkey enable effective R&D activities in the field of science and technology in cooperation with universities and the business world. R&D studies make companies more competitive globally. As World Invest, we contribute to the realization of this vision with the services we offer in Technoparks in Turkey.

Laws No. 4691 and 6170 have provided companies, entrepreneurs, lecturers and R&D personnel with the opportunity to establish an attractive R&D space in Technoparks in Turkey thanks to the advantages and tax incentives introduced. These opportunities increase the interest of not only domestic companies but also foreign companies in Technoparks. At this point, it is critical to implement the right accounting practices in Technoparks in Turkey in order to receive maximum support for Technopark incentives. 

As World Invest, we provide the following accounting consultancy services in Technoparks in Turkey with our expert Financial Advisor, Certified Public Accountant and Technology Expert solution partners in order for our customers to get maximum benefit from Technopark incentives.

• Providing general training on all legislation related to Technoparks in Turkey, Technopark Law and Technopark accounting during the first establishment phase
• Examining the financial system and Technopark accounting infrastructure in terms of meeting the requirements of the Turkish law to which you are subject, determining the most appropriate financial structure that can be implemented by taking into account the requirements of the relevant law in the light of the examinations, and providing consultancy services for its implementation
• Analyzing the applied chart of accounts and Technopark accounting recording system in accordance with the relevant legislation regarding your company activities, sectoral requirements and administrative data needs, and establishing the necessary arrangements and improvements that may be required in the light of the analyzes made
• Examining the contracts to be made for your activities to be carried out within the Technopark in terms of the requirements of Law No. 4691
• Guidance and application checks on the following issues regarding your activities carried out from the technology development zone;
  • Technopark Corporate and Income Tax Applications
  • Technopark Personnel payroll applications
  • Technopark Social Security Institution, Income tax and stamp tax applications
  • Technopark VAT applications
  • Ensuring that forms and notifications for the region are in accordance with the procedures
• Examination of your company's earnings from software and R&D activities in Technopark in Turkey within the scope of Corporate Tax Exemption
• Evaluation of transfer pricing practices
• Evaluation of Project - Contract - Invoice relationship
• Examination of distribution tables
• Determining the corporate income provided in Technology Development Zones and checking the exemption amount
• Examination of Technopark accounting records within the scope of the General Communiqué on Accounting Application
• Identification of transactions that create tax and tax base difference
• Controlling Value Added Tax applications. Examination of deliveries and services within the scope of value added tax exemption within the scope of Provisional Article 20 of VAT Law
• Provisional Article 20 compliance check
• Invoice content and compliance study within the scope of Law No. 4691
• Providing consultancy services for the adaptation of financial activities to be carried out with the Bank and other related companies to the system in accordance with the legislation
• Within the scope of the Technopark Law, organizing strategy and tax advantages on issues related to R&D personnel employment, providing consultancy on the adaptation of the Labor Law and R&D system
• Informing and evaluating with the relevant units from your company after the studies carried out
• Reporting Technopark exceptions and exemptions to official institutions. Supervising the parallelism of the information to be provided to public institutions