The tax deductions associated with the execution of Research and Development (R&D) and Technological Innovation (TI) projects allow a reduction in the payment of Corporate Income Tax of up to 42% of the expenses incurred. It is a very flexible financing instrument since it depends on the R&D&I performance of the entities, it is calculated individually for each fiscal year and it is not limited by budget or by competitive evaluation processes.
Euro-Funding has been advising for more than 20 years in the definition of the tax strategy to maximize the return of tax deductions using the instruments of legal certainty that the tax regulations contemplate: Documentation, Binding Reasoned Reports and Preliminary Valuation Agreements.
They are a tax incentive, regulated in Article 35 of Law 27/2014 on Corporate Income Tax from which all those entities that carry out innovative activities can benefit. Regardless of their turnover, size sector of activity, the tax deductions for R&D&I activities allow to reduce the payment of Corporate Income Tax.
For those companies that, due to insufficient quota, cannot effectively apply tax deductions for R&D&I activities, the tax regulations contemplate mechanisms that allow monetizing the deduction so that the impact of the incentive as a dynamizing element of innovation activities is real.
Within this deduction we can distinguish two types of activities:
They involve the development of new products, technologies, processes, or substantial improvements to existing ones that transcend the state of the art. The deduction ranges between 25% and 42% of the expenses incurred in a fiscal year for the development of projects. Additionally, there are additional deductions that allow raising this percentage up to 59%.
They involve the development of new products, technologies, processes, or substantial improvements to existing ones – for the company that develops them. In this case, the deduction is 12% of the expenses for the development of the projects.
DISCOVER YOUR DEDUCTION POSSIBILITIES
Guarantee of success in tax deductions associated with R&D projects.
The expenses that can be included in the deduction base must be directly related to the execution of the project.
In the case of Research and Development projects, the expenses associated with the activities involved will be deductible:
For Technological Innovation projects, focused on activities whose result is a technological advance in obtaining new products or production processes or substantial improvements to existing ones. The expenses included in the deduction base must correspond to one of these concepts.
Under a success-based remuneration model, we collaborate with companies to achieve the maximum tax deduction:
Deductions for R&D&I activities are compatible with subsidies received for the same activities that are the object of the deduction. It will only be necessary to subtract from the deduction base the subsidies recognized as income.
WE ANALYSE YOUR PROJECTS WITHOUT OBLIGATION
Benefit from one of the best tax incentives for R&D
En Euro-Funding realizamos un soporte completo, desde el análisis e identificación de proyectos, la generación de documentación técnico – administrativa de soporte hasta la acreditación del carácter de I+D+I de los proyectos a través de entidades externas.
We carry out continuous institutional work in collaboration with different state and autonomous community bodies, economic agents, sectoral associations, business schools and technology centres.
These alliances involve different joint actions such as the preparation of sectoral reports and the holding of conferences all over the world. Our long experience in the world of public funding has allowed us to maintain a close relationship with the Administration and the bodies that manage the different public funds.
We develop a continuous institutional work collaborating with different state and autonomic organisms, economic agents, sectorial associations, business schools and Technological Centres.
At Euro-Funding we have developed our own Integrated Management System consisting of: ISO 9.001 Quality, ISO 14.001 Environmental, ISO 50.001 Energy Management and Information Security Management 27.001.
We are subscribed to the United Nations Global Compact in the areas of human rights, labour, environmental protection and anti-corruption, complying with the ten Principles of the Compact, as established in its Code of Ethical Conduct.
We have been calculating and registering our Carbon Footprint in the Registry of the current Ministry for Ecological Transition and Demographic Challenge since 2014, maintaining a constant reduction of emissions.
We have the seal awarded by the Generalitat de Catalunya through ACCIÓ. It identifies professionals with the most suitable profile to offer personalised and expert support to companies through ACCIÓ’s aid programmes.
More than 20 years in project finance. Around 46,500 projects managed and more than 5,940 million euros of financing and savings obtained for our clients.
More than 200 engineers with financial training make up the Euro-Funding team, spread across all our offices in A Coruña, Barcelona, Bilbao, Madrid, Seville and Valencia.
Nowadays, many companies are seriously considering carrying out various research projects as a way of achieving greater competitiveness and improving their position in the market. In this sense, it is essential to properly account for these activities, since not only does their implementation not constitute an expense, but the amount
Patent box is an incentive that allows a tax reduction of up to 60% on income derived from the assignment or transfer of the right to use certain intangible assets. Ampliar información Ayudas a la Innovación Deducciones fiscales I+D+i Activación de Gasto Bonificaciones personal investigador Patent Box Ayudas a la
With the aim of promoting research into new technologies, Public Procurement of Innovation (PPI) was created, which consists of the acquisition by the Public Administration of technology developed by private companies. The other fundamental actor is the innovative companies that develop the technology and the research organisations that will use
The bonus for research personnel is an incentive that allows a 40% reduction in the employer’s social security contribution for common contingencies for personnel dedicated exclusively to R&D&I activities (with a maximum of 15% of their time dedicated to complementary training or dissemination activities). Ampliar información Ayudas a la Innovación
We help you in the management of opportunities to help you get grants related to innovation projects. Our business model is based on the specialisation of our teams. We have a high level of regulatory knowledge and a close relationship with the relevant administrations to advise you on your project.