What:
You can benefit from the R&D investment deduction and tax credit, which offers an additional tax deduction (e.g. 20.5%) on top of the tax-deductible depreciation of your R&D investment. The R&D tax credit allows you to request a cash payment from the tax authorities equal to the corporate income tax benefit (currently 25%) of the R&D investment deduction, although after a 5-year waiting period.
For whom:
- All companies (including SMEs) are eligible if they are subject to corporate income tax in Belgium, as well as international companies with permanent establishments in Belgium.
For what:
- Expenses related to new tangible and intangible fixed assets used for R&D purposes qualify.
- Even if these expenses are booked immediately in the profit and loss account, we can help you create an asset for tax purposes to allow an expense to become qualified.
- R&D project results must not have a negative impact on the environment. You must carry out the R&D projects in Belgium or in the European Economic Area.
