Turkey Increases Allowed Time Spent Outside Technology Development Zones and R&D and Design Centers for R&D Personnel Incentives

Turkey published Presidential Decision No. 4625 in the Official Gazette on 17 October 2021, which provides for a temporary increase in the time that personnel are allowed to spend outside technology development zones (TDZs) and R&D and design centers, while still qualifying for related tax incentives. As provided in Law No. 7263 of 28 January 2021, the incentives were amended, including that the incentives for personnel engaged in R&D were extended to include time spent outside of TD…