Can my company benefit from France’s CIR tax credit?
France is well known as a country that rewards research and development. In 2013, over €5.5B worth of tax credits were given to companies engaging in R&D. Your company, based in France or elsewhere in the EEA, could benefit from this scheme!
CIR’s benefits include a tax credit of 30% applied to research expenditure up to €100m, and of 5% above this threshold. This is the highest tax credit available in Europe for R&D.
Employees are also made cheaper to hire, as salaries and social contributions for research staff are also included, as are 50% of R&D operating costs, and 75% of R&D investments in operations.
Moreover, if your company is in deficit, the tax credit is reimbursed to the company.
Drop us an email at [email protected] if you want to apply for this lucrative tax credit!