Startups Secure Tax Incentives and Support through Collaborative Agreement

Startups involved in innovation development and participating in the Socratus Startup Studio program, having received investment, are now eligible for tax incentives and support.

Innovative startups within the Socratus Startup Studio program, which have received investment, are now eligible for tax incentives and support. This development follows the approval of a regulation in February, aimed at implementing Article 16.4.1 of the Innovation Law. This clause states, “The state shall provide tax policy support to startup companies registered as members of technology transfer centers or shared offices, as well as enterprises engaged in software production and development.” In compliance with this regulation, Socratus Startup Studio has met the criteria for shared office status and submitted the necessary documentation and proposal to the "Policy Implementation Office for Science, Technology, and Innovation Development" under the Ministry of Education and Science.

With the signing of this collaboration agreement, startups participating in the Socratus Startup Studio program and involved in innovation development will be able to benefit from tax incentives and additional support, enhancing their capacity for sustainable growth and development.

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