George Ryland

Can my company benefit from the JEI scheme?

In 2014, over 3,000 businesses received tax and social contribution exemptions totalling €139m. Exemptions include a 100% exemption of corporate tax in your first year of JEI status and a 50% exemption the second year, seven years of no CFE or CVAE taxes and a seven-year exemption from employer URRSAF social contributions.

Could your company also benefit from this “young innovative company” scheme?

If you company meets the following five criteria, you can qualify as a JEI:

1. Less than 8 years old;
2. An SME;
3. Independent – 50% of equity held by individuals, charities or educational establishments;
4. New – not the result of an M&A operation or restructuring;
5. R&D expenditure must represent at least 15% of total tax-deductible expenses.

To start your application today, email [email protected].