Incentives and Supports

Being located in Izmir Institute of Technology (IZTECH) which is an international research institution creates an international R&D medium with possible researchers from other companies and academics. This is in accord with the foundation of IZTECH.

Ege University and Dokuz Eylul University are partners in the managing company which brings the advantages of access to their technical, service and social services. In addition, Izmir University of Economics, a private university in Izmir, supports R&D ecosystems. Proximity to researchers and research opportunities, which are essential for high quality R&D activities, and ensuring that tenant companies benefit from existing facilities such as laboratories and libraries when they need them (any time they need) are what make the region attractive for companies.

While the region is established, the natural structure is preserved by adapting to the low dense construction in the surrounding area, providing a working environment intertwined with peaceful nature.

Legal Advantages

Foreign managers and skilled R&D personnel can be employed in the region within the framework of the Encouragement of Foreign Capital Investments Law No 6224 and the provisions of the relevant legislation.

University/institute of technology staff and personnel of public institutions and organizations whose services are needed for the activities in the region could work in Technopark companies as part time or full time with the permission of the organizations they are affiliated in.

Faculty members may establish companies, may be a partner in an established company and/ or take part in the management of such companies with the permission of the Board of Directors of the Institute of Technology/ Faculty in order to commercialize the results of their research.

Income and corporation taxpayers that operate in these zones are exempt from income and corporation taxes from software development and R&D activities that take place exclusively in these zones until 31.12.2023.

The researchers, software developers and R&D personnel that work in these zones are exempt from all types of taxes related to their employment until 31.12.2023.

Within this period, all delivery and services of products for system and data management work applications, sectoral, internet, mobility, military command and control application softwares which take place exclusively in these zones are exempt from value added tax.In addition to these advantages provided by the Technology Development Zones Law No 4691, according to the law on Supporting Research and Development Activities No: 5746 which was published in the Official Paper dated 12.03.2008 and numbered 26814, half of the employer’s share of the insurance premium calculated on the wages of the personnel whose wages are exempt from income tax is being supported from the budget of The Ministry of Finance for 5 years.