The 3% Investment Obligation for R&D, Technopark and Technology Companies

Dear Business Partner,

The deadline set for meeting the 3% investment obligation introduced by Law No. 7263 for R&D, technopark and technology companies whose earnings exempted on their annual tax return under Law No. 5746 and Law No. 4691 amount to TRY 2,000,000 or more expires on 31.12.2025.

Accordingly, if your company is subject to the 3% investment obligation by the end of 2025, we would be glad to help you make the investment within as little as two or three business days, thanks to the cooperation between Letven Capital and VA Partners.

• The funds we can recommend to you are those named TARS, CODE and PREO.
• You can find the investment strategies of these funds below. No minimum threshold has been set for investing in the funds. You may invest whatever amount you consider appropriate in line with your budget or your investment obligation.
• During the investment process, you can complete your investment easily by sending us your company documents by e-mail, opening a new TRY current account at Vakıfbank and signing the investor agreement with us.
• You can find the terms of the funds and the minimum holding periods for investors below. Detailed presentations and information are also attached

Minimum holding periods in the fund:

TARS VCIF no exit before 1 year

CODE VCIF no exit before 2 years

PREO VCIF no exit before 2 years

TARS VCIF Investment Strategy

The fund’s name is formed from the initials of the words “Turkish Agricultural Revolution System”.

The fund aims to invest primarily in agriculture, food and related sectors (agricultural biotechnology, farm management, farm robotics, mechanisation and equipment, bioenergy and biomaterials, supply chain technologies, agri-industry marketplaces, innovative food, in-store retail and restaurant technologies, restaurant marketplaces, e-grocery, home and cooking technologies, online restaurants and meal kits, financial technologies). In addition, should suitable investment opportunities arise, the fund may also invest in sectors beyond these, including renewable energy investments in solar, wind and geothermal energy and energy generation and storage systems.

CODE VCIF Investment Strategy

The fund’s name is formed from the initials of the words “Connecting Digital Ecosystems”. The fund aims to invest primarily in Information and Communication Technologies and their sub-fields, including data storage and analytics technologies, digital twin and simulation technologies, robotics, AR and VR technologies and deep technology ventures and applications in the areas of finance, smart cities, digital industry, the Internet of Things and Industry 4.0, health, the environment, logistics and transport.

PREO VCIF Investment Strategy

The fund’s name is formed from the initials of the words “Profitable Reenewable Energy Opportunites”. The fund aims to invest in solutions, applications and ventures in the fields of investments for generating electrical, mechanical, hydraulic and thermal energy from renewable energy sources, wind turbine technologies, design and manufacturing investments in solar energy devices, biogas devices and geothermal energy devices, energy storage systems, power plant investments, renewable-energy-based technologies, all types of vehicle technologies running on renewable energy, electromobility and renewable energy technologies and energy efficiency, and data storage and analytics technologies in green and digital technologies.

We wish you continued success.