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ARTICLE · 01 APRIL 2016

Law on Supporting R&D Activities was Amended! New Incentives Introduced!

Serap Zuvin Law Offices
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The law numbered 6676 amending "Law on Supporting Research and Development ("R&D") Activities" was published in the Official Gazette dated February 26, 2016 and entered into force as of March 1, 2016 ("Amendment Law").

TurkeyGovernment, Public Sector
Serap Zuvin
Serap Zuvin
Erdinc Kirmizioglu
Erdinc Kirmizioglu

The law numbered 6676 amending "Law on Supporting Research and Development ("R&D") Activities" was published in the Official Gazette dated February 26, 2016 and entered into force as of March 1, 2016 ("Amendment Law"). The purpose of the amendment is to increase the investments made on R&D activities for the production of higher value-added goods, as well as designing activities by means of establishing collaboration between universities and the industry. In this respect, special incentives were introduced by Amendment Law, as listed below:

  • "Designing activities" are included to the R&D incentives: Establishment of design centers will enjoy similar incentives as the R&D centers and the technology development zones ("TDZ"). Furthermore, documents that are drafted in relation to designing activities will also enjoy stamp tax exemption.

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