Applying for an R&D tax incentive can be confusing and time-consuming, especially if you’re trying to compare different schemes from different countries.
There are a lot of different R&D tax incentives out there, and it can be hard to figure out which one is the best fit for your company. Not only that, but each country has their own set of rules and regulations when it comes to applying for these incentives.
To help you to this process, Ayming has leveraged its global R&D tax expertise to create an annual independent review of R&D incentive schemes around the world called The Benchmark.
This white paper provides an easy way to compare key international R&D tax incentive schemes, based on two important metrics: Generosity of the scheme and Ease of Application.
You’ll also get the opportunity to have global overview specific of R&D tax incentive with the help of our 24 country profiles. These profiles contain an overview of each R&D tax incentive scheme, including application process, benefits, eligible claim period and more.
With this guide, you will be able to answer critical questions such as :
- Is foreign-owned R&D eligible?
- Must R&D occur in the country?
- How many previous financial years are claimable?
- Is pre-approval required?
- Are other R&D incentives available?
- What is the level of review or enquiry expected?
If you’re looking for a simple way to compare international R&D Tax schemes or to get an easy-to-understand overview of your country’s scheme, The Benchmark is for you!