More precisely, the new Tax incentive will rely on a two-stage procedure for granting the research allowance:
- An application to obtain a certificate for the R&D projects. In principle, there is no deadline to apply for the certificate. However, the statute of limitations for follow-up notices regulated by the Tax Code must be observed. We recommend to send the application to the certifying body by the end of each year (December 2020 for 2020 projects).
- An application for the determination of the research allowance based on the certified R&D projects.
The procedure can be completed by your company itself. Nevertheless, our experience has shown that not only the actual object of research, but especially the scientific description and terminology used have a considerable influence on the assessment result of the authorities. Indeed, the R&D potential of a project must be assessed based on a clear analysis and understanding of the technical, scientific and technological challenges associated with the project as well as its innovation potential and capacity to go beyond the state of the art.