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Uygunluk Belgesi (Qualifying Certificate)
İngilizce: qualifying certificate
Türkçe Tanım
Bir varligin, kurulusun ya da islemin belirli bir tesvik, vergi rejimi veya duzenleyici muameleden yararlanmaya hak kazandigini teyit eden belgedir; bazi jurisdiction'larda yatirimciya dogrudan vergi avantaji baglayan resmi bir onay islevi gorur. Bu belgenin verilmesi cogu zaman geri alinabilir bir kosula baglidir; nitekim yatirimin taahhut edilen istihdam, sermaye ya da yerellestirme esiklerini tutturamamasi halinde tesvik geriye donuk olarak iptal edilebilir ve proje finansmaninda bu clawback riski, gelir modelinin en kirilgan varsayimlarindan birini olusturur.
English Definition
A document confirming that an asset, entity or transaction is eligible for a particular incentive, tax regime or regulatory treatment; in some jurisdictions it functions as a formal approval that attaches a direct tax advantage to the investor. Its grant is frequently conditioned on a reversible undertaking, so if the investment fails to meet committed employment, capital or localisation thresholds the incentive can be revoked retroactively. In project finance this clawback risk is among the most fragile assumptions in the revenue model.