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I NTERNAT I ONAL COMMERC I AL LAW

37

documents with respect to the other expenses. However, the institutions

must apply directly to the Undersecreteriat. The scope of the sponsorship

would be 50% - 80% of the expenses up to the cap designated in the

Communiqué.

7.

Sponsorship for Establishing an Office or a Store Abroad,

Business Management and Presentation of Trademarks

The Communiqué numbered 2005/4

8

regarding the Sponsorship for

Establishment of an Office or a Store Abroad, Business Management, and

Presentation of Trademarks aims that the expenses incurred by companies

operating in Turkey with regard to presentation of their products in

international markets, registration of their trademarks, and the expenses

with regard to the entities established for the trade of products abroad would

be covered by the Sponsorships and Price Stability Fund in accordance

with the international rules.

Companies with industrial and commercial activities or software

companies, international trading companies, and sector-specific foreign

trade companies would benefit from sponsorship, although at different

levels of support.

If the companies mentioned above establish a store abroad, 50% - 60%

of the expenses with regard to assets, decoration, and lease; if they establish

an office or a showroom abroad, 50% - 60% of the expenses for assets,

decoration, and lease; if they establish a warehouse abroad, 50% - 60%

of the expenses for assets, decoration, and lease; 50% of the companies’

international advertising, promotion, and marketing expenses;50% of the

expenses for the registration and maintenance of the trademarks abroad are

covered up to the cap designated in the Communiqué.

In order to benefit from this sponsorship, the companies must apply

to the secretary general of the relevant export union, within 18 months of

the issue date of the documents for the expenses of the registration and

maintenance of the trademarks and within 6 months of the issue date of the

documents with respect to the other expenses.

8 The mentioned Communiqué was published in the official gazette dated 25 November 2005,

numbered 26004 and entered into force.