Company: MRT
Filing Date: 2025-08-11
Form Type: F-3
Source: 0001213900-25-074325
Chunk: 37

Company: Marti Technologies, Inc.
Filing Date: 2025-08-11
Form: F-3
Chunk 37
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 the date of this prospectus, which is subject to prospective and retroactive change
— references to “resident” in this section refer to tax residents of Türkiye, and references to “non-resident”
in this section refer to persons who are not tax residents of Türkiye.

The discussion below is intended
only to provide general information to prospective investors, and does not purport to be comprehensive nor to address all Turkish legal
matters which may be relevant to make a decision to make an investment in, ownership or disposition of our securities. In addition, it
does not describe any tax consequences arising under the laws of any taxing jurisdiction other than the Republic of Türkiye.

Residents and persons otherwise
subject to Turkish taxation, non-residents realizing gains from the sale or disposition of our securities to residents (whether individuals
or legal entities) and non-residents realizing income from their commercial and business activities in Türkiye (whether individuals
or legal entities) are advised to consult their own tax advisors in determining any consequences to them of the sale or disposition of
our securities.

Tax Status of Shareholders

Under Türkiye income tax
laws, there are two types of tax status in determination of income tax liabilities of taxpayers: “Residents” are subject to
Turkish income taxation on their worldwide income as taxpayers with full liability, and “non-Residents” who are considered
taxpayers with limited liability are subject to Turkish income taxation on their taxable income sourced from the Republic of Türkiye
(i.e., Türkiye-sourced income), if applicable.

Real persons are considered
residents for Türkiye tax purposes if (i) they are domiciled in Türkiye in accordance with the Turkish Civil Code, or (ii) excluding
temporary departures, they stay in Türkiye for more than six months in a calendar year. If neither of the given two conditions is
satisfied, real persons are considered non-residents for Türkiye tax purposes.

Legal entities are treated
as residents for Türkiye tax purposes if they are incorporated in Türkiye under relevant Turkish laws, or if their effective
places of management are in Türkiye despite the fact that they are incorporated outside of Türkiye. If neither of the given
two conditions is satisfied, legal entities are considered non-residents for Türkiye tax purposes.

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Income Taxation in Türkiye

The current income tax rate
for individuals ranges from 15% to 40%, applied on a progressive-basis, depending on the level of