Research Information System
19. Uluslararası İşletmecilik Kongresi, Kayseri, Turkey, 23 - 25 September 2020, pp.1304-1310, (Summary Text)
Crowdfunding is a financial method at which funds of a large number of persons are gathered in a pool and used to
support projects of entrepreneurs. This method is supposed to play a major role in solving the financing problem of
entrepreneurs that is crucial problem for them. In Turkey, legal arrangements regarding crowdfunding were made in
2017, by the law numbered 7061. Implementation principles were arranged by crowdfunding notification of Capital
Markets Board of Turkey in 2019. Tax incentives have been provided in a number of countries in order to make this
method attractive, In Turkey, tax responsibilities will emerge due to the current tax law for the parties of the newly
introduced method, namely platform, investor and entrepreneur. As a result, tax incentives may contribute to the success
of the method in Turkey, by making crowdfunding attractive for platforms, entrepreneurs and investors.