Both the European Union and the French government encourage innovation.
The French administration decided to put in place a lucrative R&D scheme to generate new jobs. This scheme, giving research projects a 30% tax reduction, compared to just 9% in the UK and 14% in the Netherlands, could hugely benefit your company.
This R&D scheme is called ‘Crédit d’Impôt Recherche’ or Research Credit Tax.
R&D projects usually involve a number of service providers, consultants and specialists which may not all be located in France, especially because many European external consultants are involved in R&D cross-border programs. Because of territorial exclusivity, the French administration is reluctant to grant R&D tax credit for projects involving non-French suppliers instead of generating new jobs. Even if you are an expert, your contribution may jeopardize your R&D tax credit application for both the project sponsor and its team, just because you are not based in France.
We have a solution for this: governmental R&D quality appointment.
If you are a visible and reputable expert outside of France, or if your company carries out any significant in-house R&D activity, the French government is likely classify you as an R&D expert. This classification will give you a competitive advantage in being selected for domestic R&D projects. Thus, generating a new source of business for you!
At Maupard, we can submit your application.
The administration is very formal and strict on the quality of supporting documents. The procedure would be much smoother with the prior consent of the administration.
We will set up the application file, pre-validate the requested supporting documents, present the project to the relevant tax office and, ideally, work as a team with you to establish a trusting relationship with the inspector in charge before obtaining his approval.
We charge € 1,550 Excl. VAT, in 2 installments:
- First instalment (€ 775 Excl. VAT) payable at the beginning of the process.
- Final payment (€ 775 Excl. VAT) payable upon delivery of formal approval, issued by the R&D department by an official letter containing the governmental letterhead.
3 min readREF: 038: Often France is considered as the land of tight fiscal policy, a country lumbered with high taxes with little room for manoeuvre. This, however, is often not the case and there are several financial aids and tax credits which are designed to improve employment opportunities and facilitate healthy business competition between…
5 min readREF: 021: In order to encourage new companies to invest in France, the French government has created different incentives to encourage the startup of innovative companies. These are accorded a JEI status (Jeune Entreprise Innovante) and a CIR tax credit (Credit Impôt Recherche). These allow the firms to enjoy tax exemptions during the…
2 min read REF: 012 The French Research Tax Credit scheme was established in 1983 to favour R&D investment. Since 2008, companies eligible for the Research Tax Credit scheme have benefited from a credit of 30% for research expenditure up to €100 million and 5% above this threshold.