2016-01-27

R&D Reforms

Details of the R&D Reform Package announced by Prime Minister Ahmet Davutoğlu

1- Establishing Design Centers to benefit from the support and exemptions provided to R&D Centers. Including the design activities that will be carried out in Technology Development Zones within the scope of support and exemptions.

2- Providing tax reductions to SMEs that order R&D and design work, in addition to R&D and design companies.

3- Decreasing the minimum number of R&D personnel required to establish an R&D Center from 30 to 15, especially in high-tech industries.

4- State subsidizing the part equal to the gross minimum wage for 2 years of salaries of the basic sciences graduates that will be employed in R&D Centers.

5- Providing tax and grant support to Pre-Competition Cooperation projects to encourage companies to make joint projects.

6- Shortening project durations and reducing costs by introducing Customs Duty Exemption for products supplied from outside within the scope of R&D, innovation and design projects.

7- Establishing Specialized (Thematic) Technology Development Zones in priority and strategic sectors (informatics, health, biotechnology, nanotechnology, defense, space, aviation, etc.), and establishing focus R&D structures.

8-Including within the scope of exemption the time spent in relation to projects and graduate education by the personnel working in Technology Development Zones and R&D and Design Centers.

9- Providing the convenience of tax reduction to companies that supply venture capital directly to companies established with Techno-Enterprise Capital Support located in Technology Development Zones.

10- Increasing the Techno-entrepreneurship Capital Support provided for young people with innovative ideas from 100.000 TL to up to 500.000 TL according to the project quality, extending the 5-year after graduation period to 10 years.

11- Introducing a standard setting and authorization system to ensure that our companies in the IT sector develop secure and quality software.

12- No income tax deduction from the income earned by faculty members engaged in University-Industry Cooperation activities, limiting the revolving fund deduction to 15%, paying 85% to the faculty member.

http://www.sanayi.gov.tr/