R&D and DesignDeduction Report

To enable businesses to build technology-driven systems and increase their global competitiveness, the government periodically provides certain incentives. The aim of these incentives is to enable entrepreneurs and investors in the country to achieve innovation and technological transformation. In this context, the R&D and design deduction can be described as the deduction of 100% of expenditures related to research and development activities and design work from corporate earnings. Thus, provided that companies meet the conditions below, they can benefit from advantages such as the corporate tax deduction from the tax base for the R&D/Design Center, as well as income tax and stamp tax incentives on the wages of R&D/Design employees and a reduction in the employer's social security contribution. In addition, since the R&D and design expenditures made by the business are recorded as an expense a second time through depreciation, this provides a double deduction from the corporate tax base, significantly reducing the corporate tax payable.

With this annually prepared report, which companies with an R&D or Design Center are required to obtain, we secure all your rights. By ensuring your expenditures are recorded as an expense a second time through depreciation, we help you obtain a double tax advantage.